How to invest millions of dollars

how to invest millions of dollars

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Instructions

Learn the value of money. Millionaires have learned to importance of every penny and they rarely spend on frivolous things unless they know it will provide long-term benefits. If you overspend on things you don't need, rethink your priorities and decide how important it actually is for you to become a millionaire.

Invest in the stock market. You don't need to be rich to play the market. If you're starting from zero, learn the basics through websites like CoolInvesting.com and then get started with small stocks, dividing your capital between safer and riskier investments.

Set up a blog. According to Mooney's List of Blogger Salaries, there are dozens of bloggers making more than a million dollar in ad revenues every year. Most of them don't sell anything directly to the public, although some work with affiliate selling companies or provide web design services.

Invest in real estate. A large percentage of

millionaires buy and sell property as a way of generating revenue. You can either buy a property and then rent it or buy something as cheap as possible, remodel it and sell it for a higher price. Lots of banks and companies offer financing with no money down, so you don't need a large amount of capital to get you started.

Become a star athlete. If you have a natural talent for a specific sport, make the most of it. Professional athletes are handsomely paid and since many of them get a scholarship to pay for college, they start their adult life with a clean slate, including no college loans.

Work for yourself. There are few, if any, millionaires who are employees. Starting your own business is the best way to make millions, no matter your niche. The secret to success in business is on exploiting an area that is underdeveloped or covering a need in your community.

Source: ehow.com

Category: Forex

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