Calling all Millionaires ! | |
Anonymous Coward User ID: 48737090 United States 03/16/2019 01:30 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 21648329 United States 03/16/2019 02:07 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77208555 United States 03/16/2019 02:43 AM Report Abusive Post Report Copyright Violation | How did you do it ? Quoting: rip sasha 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 ! You're not gonna make it. |
Anonymous Coward User ID: 77212955 United States 03/16/2019 02:44 AM Report Abusive Post Report Copyright Violation | 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 Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77252640 United States 03/16/2019 02:48 AM Report Abusive Post Report Copyright Violation | |
SevenThunders User ID: 73224823 United States 03/16/2019 02:55 AM Report Abusive Post Report Copyright Violation | 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 Report Abusive Post Report Copyright Violation | How did you do it ? Quoting: rip sasha 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 ! You're not gonna make it. Hes just starting. Patience |
Thousandaire User ID: 72413846 United States 03/16/2019 02:56 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 73364948 United States 03/16/2019 02:58 AM Report Abusive Post Report Copyright Violation | 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..... |