2006-12-22 19:35:28 · 6 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
There are many avenues to do this. You can:
A. Start and build your own business.
B. Buy a home, live in it a while, rent it when the rent covers the expenses, and then buy a new one to live in, and then repeat as often as practical.
C. Start early in your career and save at least 10% of your income and invest it.
Notice none of these are get rich quick schemes. All take at least 10 years to start becoming rich. 30 years would do it though.
2006-12-23 03:33:27 · answer #1 · answered by Uncle Pennybags 7 · 0⤊ 0⤋
If you're willing to do what it takes you can become very prosperous. Earn well, you'll need some working capital. Be frugal and handle your money wisely. Wealth is what you don't spend. Take at least 10% of your money and invest in stock mutual funds. Learn about investing in real estate. Be patient.
It takes decades for most people. That's a lot better than not doing it at all. I'm in my early forties and I'm not rich, but I'm not worried either. It's not hard if you know what you're doing and have realistic expectations. People with the lottery winner mentality never prosper. You have to earn what you want. There's a very big pie out there. Go get yourself a big slice!
2006-12-23 15:49:06 · answer #2 · answered by Big R 6 · 0⤊ 0⤋
go for the internet business which requires less of your time and the one that will not make you feel headache with web designing, or which require IT knowledge. Second, choose the internet based company which offer you the opportunity and at the same time giving you the convenience to start the business. Third, choose the business, which does not require big money to start it.
All the above is only available from: http://www.freedom.ws/ramonki
Honestly, I tried so many opportunities offered through the internet and this is the only one that really works. Another one advantage of being in the internet business is you can get rid from the Income Tax.
PLEASE NOTE: You only will understand the whole marketing concept if you read every details & the trial period is FREE!
General Information:
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Remember, You CAN'T guarantee whether you will get many fish or not by spreading your net into the sea, but u CAN guarantee that there is no fish at all if you never spread your net into the sea.
2006-12-23 21:27:09 · answer #3 · answered by Anonymous · 0⤊ 0⤋
invest in the real estate market in developing nations like india or china or those in europe that are entering the EU . I can help you in case of real estate investment in india ,provided your investment amount is less than 500,000 USD.
If the investment is more than 500,000 then in india there is a lot of bureauracy which i will be falling into and that makes delay in paying back the money which i don't want anymore.
I invest in real estate land devlopment and return the ROI of 15% to my investors .
But if you are interested in investing more than 500,000 you have to take resort to a big corporation .For more information write at kishaloy_bhowmick@yahoo.com
regards,
kish
2006-12-24 18:18:54 · answer #4 · answered by kishaloy_bhowmick 2 · 0⤊ 0⤋
get married to rich girl is the easiest route...
2006-12-23 03:37:05 · answer #5 · answered by SJ 2 · 0⤊ 0⤋
get a lot of money.
2006-12-23 06:47:37 · answer #6 · answered by slick 2 · 0⤊ 0⤋