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2007-04-21 09:33:25 · 8 answers · asked by Anonymous in Business & Finance Investing

8 answers

If you want to be a millionaire you need to buy 10+ books on that subject, read them, and do exactly as they say.

Jeff
http://www.best-stock-trading-systems.com/trading_stocks_online.html

2007-04-21 10:54:09 · answer #1 · answered by Anonymous · 0 0

For most millionaires, it's by having a steady job, not over-spending, paying your bills, eliminating debt, investing for the future, and _time_. I think most people would be surprised by how many millionaires they see everyday - many of the people you would least expect have a net worth of over a million. They are the ones driving a car that's a few years old, eating a brown bag lunch, and so forth.

When you're just starting out on your own, a million seems impossible, but it isn't. It just takes discipline. That's where the time aspect comes in. Be patient.

Good luck!

2007-04-21 20:58:25 · answer #2 · answered by Richard D 3 · 1 0

Read The Millionaire Next Door.
The authors studied the wealthy of America and break down exactly what the average millionaire has done in their life and how they got that way.
Unfortunately, there is too much detail to write it all here but essentially it is own your own business, be very frugal and invest everything you can.
Pretty simple formula but very difficult to apply.

Good Luck

2007-04-22 00:29:46 · answer #3 · answered by Chad S 2 · 0 0

Work hard. Save your money. And make great investments. A good place to find great stock ideas is http://www.top10traders.com - this is a free site that lets you create a portfolio of stocks with $100,000 in "play" money. Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors. You can read posts on investing from the best traders, as well as share your own investing ideas. There is a charting feature, so you can see how your portfolio performs compared to the S&P 500. Also, you can create your own "group" so that you can see how you are doing compared to your friends.

Here are this month's best traders:

http://www.top10traders.com/Top10Standings.aspx

Hope this helps.

2007-04-21 21:42:22 · answer #4 · answered by Anonymous · 0 0

Invest $10K today in an industry that's historically gotten 15%year returns (IE: integrated oil).

Wait 33 years.

Take it out, and you're a millionaire.

2007-04-21 21:16:42 · answer #5 · answered by GoIllini 2 · 0 0

heres some advice if you want to be a millionaire or billionaire then if i was you i would pick up a couple of donald trumps books 1.thinking like a billionaire i forgot the second. he talks about his success in the business and real estate and etc.

2007-04-21 16:56:33 · answer #6 · answered by Anonymous · 0 0

Start with 2 million and listen to everybody answering your question.

2007-04-22 01:33:31 · answer #7 · answered by TedEx 7 · 0 0

work and invest...repeat

2007-04-21 18:02:53 · answer #8 · answered by Anonymous · 0 0

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