First, you have to define the project with acheivable goals. In the process you have to determine what you have (capital) to contribute and the time frame.
For instance, if I were merely relying upon my job to earn $3 million for me, I would have to live about two, maybe three life times. So I would have to broaden the range beyond just what I got from a paycheck, or change the work I do.
I used to be fair at shooting hoops, but couldn't run worth beans, so basketball was out. I hurt my knees (playing basketball) so football is out. I have bad shoulders too, and can only throw underhanded, so baseball is out. While some athletic folks earn over 3 million a year (or sooner), that isn't in the range of possibilities--for me, is it for you?
Then too, there is entertainment. Unfortunately, I can't (consistently) sing, play no musical instruments, and can't dance. While I do make people laugh, it is more accidental because when I tell jokes they nervously look for the nearest exit. While I've been in a few amateur plays and skits, I've never played a lead, much less paying roles of any sort. How about you? Two or three really good movie or TV roles, or songs, etc. will help you hit your goal, so are you an entertainer?
Then, of course, there is money making money. But just as with the previous, you have to be good at it--really, really good. Spot a good trend or company poised to rise in value. I passed up Research in Motion when it was less than a buck a share, but before the recent downturn it was over $170 a share. What if you bought some of Buffett's company when he started his acquistion regime? Or Bill Gate's company? They haven't always been valuable. Do you know how to spot those that are about to make a big run-up in price? Think of it has hitting homers or sinking baskets from 'down town' on the court. If you figure a pattern that works, then making $3 million won't be a problem, lots of folks do it.
First, you have to discover your strengths, or learn some skill or knack superlatively well. Then it is easy, right? I remember Jim Carey on the Tonight Show, where he had sketched out a check for some really special number like that (I seem to recall it was more like 10 than 3). He worked his tail off doing what only he could best do and then announced his visualization (focus on his goal) had accomplished it, that he could write a check that big if he wanted and it wouldn't bounce. Good luck.
2007-07-30 12:08:44
·
answer #1
·
answered by Rabbit 7
·
1⤊
0⤋
i might repay all my expenses, those of my husband, and my family contributors. Then i might placed 2.5 million of it in the monetary enterprise. i might spend something of the $500,000 to purchase a intense-high quality yet common homestead (no greater suitable than 2 hundred,000), furnish my homestead, help out my mothers and fathers, make college money for my babies, etc. i might donate some to charities and my community.
2016-10-01 01:21:33
·
answer #2
·
answered by hughart 4
·
0⤊
0⤋
Invest 30 million with me for a month.
http://www.mastersoequity.com
http://www.optiontradingpedia.com
.
2007-07-30 13:42:09
·
answer #3
·
answered by Anonymous
·
0⤊
1⤋
Save at least $40,000.00 USD annually for 77 years.
Note:
I am asuming you are investing your money at 5% annually in HSBC and the inflation will remain at 5% or less for 77 years.
2007-07-30 11:58:51
·
answer #4
·
answered by Anonymous
·
0⤊
1⤋
Play super Lotto.
2007-07-30 10:39:24
·
answer #5
·
answered by luna. 5
·
0⤊
0⤋
Invent a product or commodity that everyone will be become addicted to or dependent on(oil, smokes, alcohol,etc.)
2007-07-30 11:41:40
·
answer #6
·
answered by kenoplayer 7
·
0⤊
0⤋
1) Invest $2781 each month at 6% APR (0.531% paid monthly)
2) Invest one time $10,000 at 1.602% paid monthly
2007-08-06 14:21:36
·
answer #7
·
answered by trader 4
·
0⤊
0⤋