2007-10-07 09:33:11 · 10 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
Save at least $15,000.00 USD annually for at least 67 years.
2007-10-07 09:46:35 · answer #1 · answered by Anonymous · 0⤊ 2⤋
My high school math teacher explained how we could be a millionaire by age 50 if we invested $3000 a year with a return rate around 6%. Something to that nature. Of course, in 30 years, being a millionaire will be no big deal, and of course you can't enjoy it till you're old.
Otherwise, I agree with the real estate answer. That's what my fiance (a real estate agent) will be working on. His idea is an investment property (small apartment complex or duplex/triplex) where we live in one, and hopefully make a profit in the long run. Who knows.
2007-10-07 16:47:10 · answer #2 · answered by itsalwaysthequietone 4 · 0⤊ 0⤋
Perfect Wealth Formula - This Is The Best Way To Become A Online Millionaire
http://www.mysimplewealthformula.com
2007-10-07 16:49:01 · answer #3 · answered by kevin h 1 · 0⤊ 0⤋
there are only four honest fundamental contributors to making money:
work
learning
health
investing
{abridged from Prof. Lawrence J. Lau's liketime work at Stanford Univ. in USA}.
it seems to me that both learning and health are boosters to work and investing. So what you do is work and invest while adding learning and health to the mix.
since both work and investing are very competitive fields, you'll want to be doing something(s) that you love. The person who loves what she or he is doing is the person who will put in the extra time and effort every day to become one of the best.
and it is the best who have the highest odds of receiving the best incomes. And thus of becoming the millionaire.
GL
2007-10-07 16:56:04 · answer #4 · answered by Spock (rhp) 7 · 0⤊ 0⤋
By investing in the stock market, property and making passive income.
There is a free E-book you can download called "What I Didn't Learn At School But Wish I Did" that explains this topic in more detail. It's a great read, and easy to follow.
Go to http://www.thewealthage.com
Click free E-Book by Jamie McIntyre.
2007-10-07 18:35:27 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Good question..i'd like to know! :)
i think the answer would be ...you have to give a little *invist into something, to recieve and become a millionaire..
ill keep cking your answers as i am very interested myself.
Thanks for asking the question!!
AND GOOD LUCK!
2007-10-07 16:41:28 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Ask a millionaire. They know. Don't ask poor people. They just think they know. Get a book called "Rich Dad, Poor Dad". It's a purple and black book. Also ask Dave Ramsey.
bootitgood~could you please tell me more about the diamonds?
silversliver5000@yahoo.com
2007-10-07 16:49:00 · answer #7 · answered by silversliver5000 2 · 1⤊ 0⤋
I have made about half a million dollars so far ( 5 years) by importing diamonds from India and Canada and selling them over the internet.
2007-10-07 16:38:22 · answer #8 · answered by Anonymous · 0⤊ 1⤋
There are tons of ways. Why don't you look at Forbes list of the richest people and see what they each do?
2007-10-07 16:40:20 · answer #9 · answered by Anonymous · 0⤊ 0⤋
real estate is the way to GO.
2007-10-07 16:40:00 · answer #10 · answered by Anonymous · 0⤊ 0⤋