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Calling all Millionaires !

 
Anonymous Coward
User ID: 76885723
United States
03/16/2019 01:27 AM
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Calling all Millionaires !
How did you do it ?

What was the way you were able to grow your money the fastest ?

What Tips and things we should do in order to build wealth ?

Is the number one thing to do first is to get out of debt ?

These tips could even help people who are living paycheck to paycheck !
Anonymous Coward
User ID: 48737090
United States
03/16/2019 01:30 AM
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Re: Calling all Millionaires !
I sold ALOT of drugs and pimped ALOT of hoes.

Protip: Never use your own product!
Anonymous Coward
User ID: 21648329
United States
03/16/2019 02:07 AM
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Re: Calling all Millionaires !
Sell out your soul.
Anonymous Coward
User ID: 77208555
United States
03/16/2019 02:43 AM
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Re: Calling all Millionaires !
How did you do it ?

What was the way you were able to grow your money the fastest ?

What Tips and things we should do in order to build wealth ?

Is the number one thing to do first is to get out of debt ?

These tips could even help people who are living paycheck to paycheck !
 Quoting: rip sasha


You're not gonna make it.
Anonymous Coward
User ID: 77212955
United States
03/16/2019 02:44 AM
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Re: Calling all Millionaires !
When Obama was in office, I invested everything I could, mostly in 2009. I cleared out a nice chunk of my savings and rolled it into the market. I got rid of cable, the TV, all the useless crap.

Now Trump has the economy booming, I will ride it out. I use dividends to purchase metals since the market is too expensive to but into right now.
Doommincus Maximus

User ID: 77363188
New Zealand
03/16/2019 02:46 AM
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Re: Calling all Millionaires !
hours, dedication, sacrifice

the last one you don't notice until its too late :(
Stand up for what you believe in, even if you stand alone.
Anonymous Coward
User ID: 77252640
United States
03/16/2019 02:48 AM
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Re: Calling all Millionaires !
Be born into the swamp makes you a made million/billionair.
SevenThunders

User ID: 73224823
United States
03/16/2019 02:55 AM
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Re: Calling all Millionaires !
Grow your money slowly but steadily. Anyone can become a millionaire. The stock market has averaged an 11% return annually over a lifetime.

That's an 8 fold increase over 20 years. Start with $125K and you will be a millionaire, even from a Vanguard S&P 500 fund.

However the way most people get rich is through real estate. Rental properties can be a good deal if you understand the markets, and there certainly is a housing shortage.
With man this is impossible, but with God all things are possible
Anonymous Coward
User ID: 45509075
United States
03/16/2019 02:56 AM
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Re: Calling all Millionaires !
How did you do it ?

What was the way you were able to grow your money the fastest ?

What Tips and things we should do in order to build wealth ?

Is the number one thing to do first is to get out of debt ?

These tips could even help people who are living paycheck to paycheck !
 Quoting: rip sasha


You're not gonna make it.
 Quoting: Anonymous Coward 77208555


Hes just starting. Patience
Thousandaire
User ID: 72413846
United States
03/16/2019 02:56 AM
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Re: Calling all Millionaires !
I am not a millionaire, but I know how to make it on next to nothing. Pinch pennies - literally every single penny. Do not waste it. A penny saved is a penny earned. Don't buy water, don't eat out, shop on a budget, don't waste electricity, check all your bills and comparative shop for cheaper rates. Don't buy new anything. Shop used. Don't try to keep up with the Jones'. ANYTHING you can do to save a penny - do it. Start a savings account. $10 per week in 10 years would be how much? 36K? Plus interest - and if u can save 20 per week - that would be $72K plus interest. But my advice is don't put it all in the bank. Buy some junk silver quarters.
Anonymous Coward
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United States
03/16/2019 02:58 AM
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Re: Calling all Millionaires !
Spot opportunities and act on them....I made my money flipping houses before the crash....my friends kept telling me the market will collapse....hey were right.... BUT by the time the smoke cleared, I owned 3 buildings and 2 houses mortgage free....they are still cash cows with a hefty rent roll every month....

I started with 7k seed money....

Debt is a tool or a timebomb.....use debt to make money, not for keeping up with the Joneses....managed debt is just a business tool....

Believe in yourself but don't be cocky.....use other's skill to complement or fill a knowledge hole in your skill set...I 'm good picking out real estate and renovating them, I suck at paperwork so I have a partner that happens to be good at navigating legalese and dealing with city hall....I wouldn't trust himto drive a nail tho.....





GLP