How do millionaires get rich?

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Cake17

Hard work--working long hour. Oh and you save whatever you make and not spend it. You put it back into the business.

frenchtriad

By poor people.

Joe D

1) Inheritance from Daddy
2) Lucky break
3) Real Estate
4) Investing in the right commodity at the right time
5) Gambling
6) Doing something illegal

alcaholicdemon

real estate,oil refiners,government

edith C

some go into realastate or they save most of the money they have extra or they win the lottery

austin v

They either inherited a family buisness that took off and made their money that way, or they went to college and got masters degrees, went on to a buisness worked their way up or started their own and made CEO, making them the leading man/woman of the company, they make LOTS of money.

Bacse

Most inherit it. Some are gifted and develop ideas/products that revolutionize the way we run our lives. Little things: velcro, twist ties, zippers, transfer bars.

all different ways.......but I would bet, without any scientific evidence, most were born into rich families.

MNG

They work smarter......not harder!! ;)

Wish I knew how....

the grand super C

they get rich by buying low and selling high and getting alot of people to buy from them.

TopGun

they are normal people, just luck to be rich.

CRYSTIZZLE

they usually start businesses. and the businesses become really popular.

becvns@yahoo.com

by not spending a plug nickle out of their cash flow.

Mr. Knowledgeable VI

Because they understand The Secret about the Laws of Attraction.

John

save save save. max out your companies 401k, get an roth ira and max it out every year. in 20-30 years you'll be a millionare.

other ways are: buy land, go to a sheriff's auction and buy a house and flip it, or rent it, turn down the a/c and heat, buy the generic brand, use coupons, only buy want you need, when you do buy stuff use only cash, use credit cards only in emergencies, show up to work on time, do a good job, when the time comes, sell yourself and demand a raise and/or promotion.

Jamerican Steve

For $19.95 (plus shipping and handling) I will tell you in my NEW book. LOL. That's how. :-)

or

make a website about new york ie. http://newyorkforum.us and provide FREE valuable info along with Google Ads.

Ralfcoder

Time to educate yourself. Go read these books:

"The Millionaire Next Door", and "The Millionaire Mind". Both by the same author. Both will open your eyes.

Also, read "Rich Dad, Poor Dad".

Finally, read any of the financial books by Andrew Tobias. Read several of them.

Study economics, both in high school and in college. If you're out of college, it's time to sign up at the local community college. Take some finance classes, too. A couple of terms of accounting would help also.

The idea of all of this is to learn something about what it takes to become a millionaire, and a little bit about the flow of money in our economy.

Will it take time? Yup. you should take at least one finance class, and a macro economics and micro economics class. Add in the accounting, and there's 5 semesters, if you do them one at a time, and if you have the pre-reqs out of the way already.

Will it be easy? Nope. I had an econ prof who said economics is just common sense, made difficult".

Is it worth it? That's up to you...

Candy Kiss

Ebay
Business

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