> How do i become rich?

How do i become rich?

Posted at: 2014-12-05 
If you save a portion of your income each payday and as it accumulates invest in stocks, over the course of several years you can grow very wealthy indeed. It is like hiring someone to get a job and earn money for you, and then using that money to hire more workers. Your money grows exponentially.

First, avoid gambling! If you buy stock hoping that you can sell it for a quick profit because of the weekly or monthly swings in price, then you are not investing. You are trying to guess better than the public (including the professionals) how the price will change.

Choose a company that has steady earnings each year instead of losses. If your company has very little long term debt, it will likely not get into financial trouble.

Buy these sturdy stocks and hold on to them. When you hold these stocks over a period of time, the prices will go up for a real reason; the companies are earning money every year and becoming more valuable. This is not gambling; you are owner of a money making business. It takes time for that business to earn money.

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Helps to have something of value to provide to the world. If you don't have any identifiable skill, all the saving in the world won't help much.

You're right that takes time and effort, but also intelligent use of time and effort.

I have some college students who spend far more time working menial jobs than attending to their studies. They're momentarily better off than their peers, but are sacrificing their future to pay for things now. Sometimes short term debt is necessary for long-term gain, so don't shortchange your future earnings - make decisions about your career early that will pay off in the end.

Avoid things like the lotto too. That's fun to fantasize about, but the odds of winning big are infinitesimally small.

Unfortunately your chances of becoming rich are very slim as you have no clue about life or what you can do to make lots of money. You are expecting us to hand you lots of money making ideas on a plate but life does not work like that.

You have to use your own brain to figure out what you are good at, work hard at it and then make lots of money yourself. There are no free handouts in life..get real.

Sounds like you are answering your own question, so get off your butt and make money, don t be lazy (as you mentioned)

PS: if you could be rich just by putting a post on yahoo answers, this forum would be so full they would have to close it up. Not only that but

If they got that rich from posting, this place would be Be'low them afterwards"LOL"

I'm making good profit with penny stock. Check here http://trade-pennystock.checkhere.info

Many new investors are lured to the appeal of a penny stock due to the low price and potential for rapid growth which may be as high as several hundred percent in a few days. Similarly, severe loss can occur and many penny stocks lose all of their value in the long term. Accordingly, the SEC warns that penny stocks are high risk investments and new investors should be aware of the risks involved but you can even make very big money. These risks include limited liquidity, lack of financial reporting, and fraud. A penny stock is a common stock that trades for less than $5 a share. While penny stocks generally are quoted over-the-counter, such as on the OTC Bulletin Board or in the Pink Sheets, they may also trade on securities exchanges, including foreign securities exchanges. In addition, penny stocks include the securities of certain private companies with no active trading market. Although a penny stock is said to be "thinly traded," share volumes traded daily can be in the hundreds of millions for a sub-penny stock. Legitimate information on penny stock companies can be difficult to find and a stock can be easily manipulated.

Some of us have worked 7 days a week. That is how you get rich.

UK

Rule #1 Work hard. Go to college. Do something you love.

Rule #2 Dont be one of Obama's minions. That will lead you the wrong direction.

Hi there,

Thanks to the law of attraction and to the positive thining i finally found a way to improve my life. If you don't at least try it, you will regret.

If you check this link you can find all the informations that you need to start using it http://j.mp/1qbFCau

Hope it helps.

Learn to live on less than you earn. Invest wisely. Retire wealthy.

Listen to Donut Tim but learn grammar. Yours is awful and will hold you back in life.

i am not talking about being as rich as bill gate or any other multimillionaire person i am just talking about having a extra money to spend and never having to worry about financial problems.

i think i am already good at saving and i don't like the idea of using credit cards or borrowing money.

i don't plan on driving for many reasons 1 of them being the cost.

so does anyone have anymore tips on saving money and making a little more.

i believe everyone can make money but i don't think most people actually bother to give up some of their time and effort.

for example i see a lot of people complaining about not making money or wanting to be rich but i see no one actually trying to better themselves and make more money i do see more people buying the lotto or betting money which in truth makes them lose more than they earn.

so i believe anyone can be rich just most people are too lazy to even try.

so does anyone have any times on how to save invest and be more successful in life.

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