2007-03-27 14:56:17 · 9 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
I work more than them
2007-03-28 11:59:01 · answer #1 · answered by Anonymous · 0⤊ 0⤋
I have a well devised plan and goal that will eventually have me exactly where i want to be in life in about 3-4 years. I think you just have to create an ACHIEVABLE GOAL. the goal has to be reachable and if its to be rich I'm sure you'll get their with time and effort.
2007-03-27 22:05:42 · answer #2 · answered by Anonymous · 1⤊ 1⤋
I don't know what you mean by rich, but I believe I will not have to worry about money. The reason I'm so sure?
My wife and I have a great education and great discipline with saving and investing. Not only that, I'm getting a degree in finance so it is my job to know how to make wealth grow.
My wife is less than a year out of college and makes $50,000 a year as a civil engineer. She'll always have a well paying job with great benefits and that salary will continue to go up. I'll be graduating in a few months with a B.S. in Finance and should get a starting salary of around $40,000. My income will only go up as well.
So, to have a $90K gross income coming out of college, that gives my wife and me a lot of opportunity. We're already contributing 10% of my wife's gross income to her 401(k) and she gets a 2% match as well. On top of this, we don't spend much. We save and invest.
We have $20,000 saved up to purchase a house this summer, we have an emergency fund worth 6 months of living expenses, and we have about $10,000 of other investments.
So, thanks to our education and discipline, we have (or in my own case, will have) great jobs that pay well. Our income will only go up, as will our savings and investments.
God willing, my wife and I won't have to worry about retirement, our childrens' college expenses, or having a nice place to live.
2007-03-27 22:14:55 · answer #3 · answered by FinanceMike 2 · 1⤊ 1⤋
Basic High School Math?
Unless the whole world very suddenly changes the way it works, investment strategies can be modified every year, guaranteeing my evil plan to achieve great wealth by buying Blue Chips on dips....
...so far so good!
2007-03-27 22:21:24 · answer #4 · answered by Anonymous · 1⤊ 1⤋
I have a well structured and reasonable wealth accumulation plan, predicated upon reasonable assumptions, protected by a robust risk management strategy.
2007-03-27 22:00:31 · answer #5 · answered by taotedan 2 · 1⤊ 1⤋
I have a detailed plan. I've spent years learning how to invest. I work hard.
2007-03-27 23:38:17 · answer #6 · answered by Common Sense 7 · 0⤊ 1⤋
um, because I've been saving for so many years, and have such diversified assets, that there is no single disaster that can wipe me out!
I hold real estate, bonds, stocks, foreign investments, mutual funds, and gold -
2007-03-27 21:59:34 · answer #7 · answered by Anonymous · 1⤊ 1⤋
a trust fond?
2007-03-27 21:58:52 · answer #8 · answered by Juan 3 · 0⤊ 1⤋
It's called inheritence!!!!!!!!!!!!
2007-03-27 22:03:50 · answer #9 · answered by Chris 3 · 1⤊ 1⤋
be realistic
2007-03-27 22:04:00 · answer #10 · answered by ? 6 · 1⤊ 1⤋