2006-10-10 05:19:52 · 8 answers · asked by lilbrtyboy 1 in Business & Finance ➔ Other - Business & Finance
After you send all your money to my unregistered post box, and i invest it for you.
2006-10-10 05:26:39 · answer #1 · answered by Skanky McSkankypants 6 · 0⤊ 0⤋
A couple of issues to think about.
The secret to getting wealthy is to spend less money than you bring in. That is why some people can live on 22,000 per year, but others can't afford to live on 70,000 or 220,000 per year.
The next step to getting wealthy is to set up a retirement investment portfolio. Some can be invested for as little as $250 at a time. Save up $10 or $15 or more each week and invest it.
I recently learned in my Finance class that a person who invests 2000 per year in a 10% APR financial portfolio from age 24-32 will end up with more at retirement than a person investing the same amount per year starting at 32. So the secret to becoming a millionaire is allowing investments to compound the interest earned.
Here's a great website for you on investments.
www.fool.com
2006-10-10 12:25:39 · answer #2 · answered by Searcher 7 · 0⤊ 0⤋
A million dollars is pocket change in today's society. #1, you have to have your own successful business....look at YouTube...$0 to $2.2 Billion in two years because someone had a great idea to allow users to share videos online. #2, set your goal for more than 1M, even if you decide to work all your life and save, invest with the plan you will be retiring with 3-4 million.
2006-10-10 13:15:38 · answer #3 · answered by John Ruiz 1 · 0⤊ 0⤋
Do you really think poor people are qualified to teach you how to become rich.Get off your a-- and get a job for starters then open your own business.The rest is up to you to figure out.Its great to be financialy secure.
2006-10-10 12:35:16 · answer #4 · answered by Anonymous · 0⤊ 0⤋
When you get off of yahoo answers and start working.
2006-10-10 12:22:28 · answer #5 · answered by porkchop 5 · 0⤊ 0⤋
Download this free financial software
http://www.lsefinance.blogspot.com
2006-10-10 12:23:43 · answer #6 · answered by iconsulte i 1 · 0⤊ 0⤋
when u get one million dollars from some lottery or somthin else
2006-10-10 12:22:29 · answer #7 · answered by Anonymous · 0⤊ 0⤋
When you make a million.
2006-10-10 12:21:48 · answer #8 · answered by Michelle 3 · 0⤊ 0⤋