Google "get rich" and you'll get more than 1.4 million helpful hits. Most of them offer the same advice:
--Find something to do that you are passionate about
--Start now.
--Save more.
--Take full advantage of employer contributions.
--Allocate your assets in the stock market.
a.Keep costs low.
b.Take a long-term view.
--Don't rely on someone else to do it for you.
That's how you retire rich in five simple steps.
2007-06-10 02:48:00
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answer #1
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answered by SWH 6
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Hello,
Here are the true steps to build weath:
1) Find something you are passionate about (or interested in). It takes an internal fire that lights your soul to change your life. If you have a small fire, you will have very little heat. Have a big fire, you will have a lot of heat. Fire=passion and heat=success. A big fire means big success.
2) Develop a product/website/service related to your passion. Then simply learn to charge money for it.
3) Save & invest your money wisely. Becoming wealty consists of 2 parts: making a lot & keeping a lot. If you don't do both it will never happen.
4)Keep going. You will probably hit many disappointments & failures along the way. So have the other "rags to riches" people in the world. The only difference is that they didn't quit. They picked themselves back up & tried again. Do the same, & you will one day make it =).
Good Luck
2007-06-12 22:34:09
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answer #2
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answered by Anonymous
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It's easy.
- get all the education you can get, and stay at it,
- get a good job, work hard, get promoted regularly, or find a better job,
- save at least 15% of everything you make,
- invest wisely and diversify broadly, and
- realize that 'quick' means about twenty years.
BUT, if you do these things, in twenty years you WILL be 'rich'. If you don't, you won't. Most people don't succeed because they don't plan to.
2007-06-10 11:05:50
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answer #3
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answered by Michael K 6
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You'll need to study up on this. Try reading, "Rich Dad, Poor Dad" to start, and then perhaps, "The Millionaire Next Door." You can get them both from the library for free, and between them they have most of the information you need.
2007-06-10 05:49:44
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answer #4
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answered by Katherine W 7
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stock opitions but the risk is higher u can loose everything or u can make so much money, when u r buying stock opitions pick long term optioins so u have a greater chance of making money, the other way to get rich is the IPO market buy stocks when they come out, it can go up or down, the next big IPO'S that are coming the future months are Blackstone and Visa ipo's they are the best ones to buy, another way is ETF'S but they are really long term investments
2007-06-10 10:00:29
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answer #5
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answered by Hill w 2
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learn how to trade stock options. keep in mind that the only way to get rich quick is to take huge risks and if you do it right, you will be rewarded handsomely.
an example: certain google options can move 200-300% per day.
you'll need about $5000 to get started.
2007-06-10 02:38:38
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answer #6
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answered by Curious_Rascal 2
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JUST CLICK ON THE LINK AND GET 10 DOLLARS FOR FREE.READ EMAILS ON UR EMAIL AND GET 20 DOLLARS PER MONTH.ITS WORKING
http://www.taketheinternetback.com/index.php?refId=82358 .
2007-06-10 03:09:28
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answer #7
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answered by rrgreat 1
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