2007-01-06 04:49:02 · 11 answers · asked by jim2007 1 in Business & Finance ➔ Investing
Use your scanner and color printer and print up 2,000 copies of it.
If the government tells you that you are not supposed to print worthless money, ask them, "Why not, you do"?
2007-01-06 07:20:48 · answer #1 · answered by Feeling Mutual 7 · 1⤊ 0⤋
Get an on-line Broker account that not charge for inactivity. Scottrade, Ameritrade some of those. I not say one better than the other it your decision. I think Scottrade you can open an account with $500. Then every month add more as you can and be ready for when a good buy come along. We bought 10 Shares of "Google" when it went public for some children. It cost about $800 then. Go look at the Stock as to what it been doing and figure the math. Not say 10 shares make a person a Million, but, you may look at Yahoo's past history and just figure if Google split like Yahoo did and figure what you have in 10-20 years, just sitting on 10 shares. But, it too late for a Google. But, if you ready maybe another opportunity similar to this come again within 5 years and you buy as many shares as you can.
2007-01-06 13:03:44 · answer #2 · answered by Snaglefritz 7 · 0⤊ 2⤋
Hey, I like you already, I started with $0, and have done pretty well. All I can say is, play the lotto. Just Kidding. Start a small business. But if you really want to get rich, you have to go to the bank and borrow all that you can and make money off of that. It sounds like you don't have much to lose, but $500 is $500. If you want to be a millionaire in 5-10 years. Get a good education and a steady job. Then save and invest. Think of each $ as a slave that is there to make you more money, if you sell your slaves (ie. buy stuff) you will never get to a million.
2007-01-06 13:01:14 · answer #3 · answered by sucka 2 · 0⤊ 2⤋
1. Go to the library and read a couple of books I would recommend Rich Dad Poor Dad or a book by Donald Trump.
2. Take a real estate or business class at a jr college
3. Be creative and find something your are both interested in or passionate about and follow your gut.
4. Talk to everyone you meet, listen to everything they say, believe none of it until verified otherwise however they might just be the contact you need.
5. Learn how to spell and always double check your work for accuracy.
2007-01-07 02:07:07 · answer #4 · answered by Hawkeye77 2 · 0⤊ 2⤋
Need to have strong faith with yourself on how to spend the 500 to a million. Believe in yourself. Motivate yourself to target towards making your first million by setting up a small business. Be it online or traditional ones. Of course also be in your interest.
2007-01-06 13:50:44 · answer #5 · answered by Dang 3 · 0⤊ 2⤋
At a 9% annual rate of return and by not adding more money you will reach 1.2 million in 110 years.
2007-01-06 12:55:02 · answer #6 · answered by H 2 · 0⤊ 2⤋
Du a bit of charity say 1 who is in really need & with rest play casino ask any number from with the person whome ur helping keep faith on god..........As i know $500 will be more better u can buy some shares it would be an better option.............
2007-01-06 13:13:46 · answer #7 · answered by wahid 2 · 0⤊ 2⤋
Educate yourself. On investments, especially stocks. Add to your money regularly. $500 by itself is going to take a long time. If you add a few hundred to that every several months, you stand a greater chance of achieving your goal.
2007-01-06 14:13:56 · answer #8 · answered by je_golds 2 · 0⤊ 2⤋
You need to save much as possible each month and dollar cost average your savings into diversified mutual funds.
I do not think that one can legally, rapidly convert 500 to 1,000,000.
2007-01-06 12:52:51 · answer #9 · answered by david42 5 · 0⤊ 2⤋
nearly impossible. Could buy some lottery tickets and hope for the best, but the odds are very much against you.
2007-01-06 17:17:09 · answer #10 · answered by Anonymous · 0⤊ 2⤋