I am leaving High School I need to be a millionaire before 10 year reunion what can I do (legally)?

Question

no joke. Other than lottery how can I be a millionaire

Answer 1

You can marry more money in one hour than you can make in a lifetime. Good luck.

Answer 2

Someone mentioned become a doctor. Sorry, 8 years of college then internship. You would likely be at least $250,000 in debt. You might risk becoming a bank robber. They usually get less than $5,000 each time, so you'll probably get caught and be unable to attend that class reunion. Simply put, You probably have a one in a 100,000 chance of getting there. I would say "Abandon all hope. You are delusional."

And seriously on the advice. Were any of us on Yahoo millionaires and qualified to give valid advice, I think we would not be here. Millionaires usually have better things to do than answer such silly questions.

I should add that with the way things are going with trade deficit, national debt and other economy criteria, a million dollars in 2017 will probably be just enough to buy a new entry level economy car to drive to that reunion.

Answer 3

Hey, do not put so much pressure on yourself!

If you are just graduating from high school this would be my advise.

1) Find a way to make a career out of your passion. That way, you are never going to work, you are tending to your passion.

2) Do not go in to debt. Debt is the biggest hindrance to building wealth.

Your better off earning $ 60,000 and spending $35,000 a year then earning $ 180,000 and spending $ 170,000 a year.

One other thing that can not be overlooked is the State and Federal income taxes that you will have to pay. I believe that the top marginal rate is close to 40%, (don't quote me on that I am no where near the top rate, just going from memory), so for every dollar that you earn the govenment will take $ 0.40 with out even so much as a thank you. You may need to move to a state that does not have an state income tax like Florida.

Answer 4

You NEED to get over yourself.

What's the point of being a millionaire at the reunion? to impress people?

You're not making any kind of sense.

Answer 5

I'd suggest starting up saving accounts at least, set a goal to save so much each year and don't touch and let the interest help it grow, like 1-5k a year from a job while you get a good education in college and jump into a career that can provide you with enough income to invest in stocks and more accounts. take a money management course from your local community college and sometimes banks offer them too to get you started.

Answer 6

Gamble, play the stock markets, go to college and get a high paying job, marry rich person, be a stripper, become a manager at a car dealership (10-15 grand a month), flip houses, sell anything and everything cause its a material world buddy and everybody wants to buy something

Answer 7

Go to a good college, do very well, then get your series 7 license so you can get a good job as a trader on Wall Street. Or, figure out a good business you can start tight after high school or college, and work hard to make it successful.

Answer 8

I honestly dont think you can become a millionair that fast. Unless you can do some special talent and be really good at it (ex. a famous ventriloquist, writer, computer maker, etc.)

Answer 9

Live with your parents and don't buy anything, Work 2-3 jobs and save every cent investing in the stock market.

Answer 10

Create a website popular enough for companies to want to advertise on it

Answer 11

Invest half your money in mutual funds, and the rest in junk bonds.