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hey guys im turning 15 in two days and one of my goals in life is to become a millionare before a end college. I know that is a extremely challenging goal, but i am very determined and i know what i am doing. I know a lot about investing and the stock market and i have more common sense and street smarts than any 15 year old you'll ever meet. I believe that my 8th grade education (no offense teachers) is not nearly as important as me going to the New York Stock Exchange for a day. Basically, my theory is that you shouldn't study for a test on the last minute, right? So why start making money not nescessarily on the last minute, but during or after college? Instead why not start when you are very very young and therefore you'll do very very well on your test aka life. You be successful without a doubt and you'll have so many more advantages by starting so early...and guys i don't mean making money by having a summer job at a super market...i mean making real money! Thanks people!

2007-06-02 17:24:00 · 11 answers · asked by parth s 2 in Business & Finance Investing

11 answers

By investing carefully... get a job with a trading company - learn how to day trade stocks, options and currencies - if you master all 3 of these then I see no reason why you cannot be a millionaire in under 10 yrs. You will have to work hard for it though.

Once you have some money saved up - buy real estate with it in up and coming areas... always buy cheap real estate and hold on to it.. once the area changes you will cash out instantly.. its not an instant gratification though.. real estate is a longer term investment - but it is also a safer investment with a huge bonus when you do sell and cash out eventually. It is very important to diversify your portfolio - but stick to real estate and the stock market and you will be rich before you know it.. besides it seems like you have the drive and a strong will to succeed... when there is such a will.. there is always a way.. if you want anything badly.. you can always get it...

one word of caution - there are a billion scams out there claiming to teach you how to get rich - do not fall for these scams at all - anyone who charges you money to teach you how to get rich - is nothing but a SCAM. Read lots of legitimate books and research online for as much information you can get on real estate and financial markets.... but never pay for any online services that offer to teach you the road to riches. One very good website which is also free to research is - www.investopedia.com - lots of free info. there on investing, finance and even real estate. Get hooked on to it and you will learn a lot.... and remember never to stop learning more and more.. because we live in a very fast changing world these days...

I don't need to wish you luck.. because weak people need luck.. and if u are weak you will never make it... be strong and get out there... life is waiting for you.

2007-06-02 18:57:23 · answer #1 · answered by mikenyc2222 1 · 3 1

1

2016-12-20 16:32:58 · answer #2 · answered by Anonymous · 0 0

LOL at "Johns" answer. Work at home won't make you a millionaire, at least by going to some site to begin. Becoming a Millionaire, especially in the timeframe you desire requires you to do something, in your case trading stocks, better than everyone else. You literally have to be better than 98% of traders/investors. Do you know for sure you are better than 98% or are you hoping you will be? It is possible with strong desire, motivation and time for you to accomplish this. Stick with the stock market, don't fall for work at home schemes. However, do testing before investing your money. You will need to double your money frequently, believe me, many stocks double quickly. I'm rooting for you.

2007-06-02 17:39:47 · answer #3 · answered by ? 5 · 4 0

Ok, here's what you have to do be popular in school. 1. smoke. 2. not be a virgin. 3. have a boyfriend at least 4 years older than you. there. immediately popular. :l

2016-03-13 04:41:11 · answer #4 · answered by Anonymous · 0 0

Most people that quickly get rich do so by not investing their money as much as handling other people's money. Even money managers that do poorly can get rich off of fees.

2007-06-02 20:23:53 · answer #5 · answered by gregory_dittman 7 · 0 0

Thanks to the law of attraction and to the positive thining i finally found a way to improve my life. If you don't at least try it, you will regret.
If you want to start using it you can check this link http://bit.ly/1qbFfN3

2014-07-28 17:04:03 · answer #6 · answered by Anonymous · 0 0

buy a things or goods at cheaper rate from bombay market or from other place and sell it in ur locality... for example- i have noticed one thing that in my area my grand 2 mobile temporary glass cost tell me one shopkeeper 200 rs.. i said him'' rehne do'' and i go to manish market and i buy it at only cost 18 rs...

2016-04-11 20:41:30 · answer #7 · answered by Pranav 1 · 0 0

For the best answers, search on this site https://shorturl.im/awqNX

We're all want this,but It's just not gonna happen!

2016-04-06 04:28:44 · answer #8 · answered by Anonymous · 0 0

There are lots of people who would laugh at the prospect of altering their fates. This is due to the fact that it believes that nobody gets more that exactly what is put in his fate.

2016-05-18 17:57:09 · answer #9 · answered by Elaine 2 · 0 0

Well, when you find let this 40 year old know!

2007-06-02 17:33:53 · answer #10 · answered by vcanfield 4 · 0 1

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