Thoth101 Posted April 11, 2020 Report Posted April 11, 2020 Well answer me the 1 billion dollar question, how did billionares become billionares? From what I have seen many of them didn't waste time on high school or college. And others were already born into rich families. I think it happens very seldomly for someone born in a poor family to become a billionaire. Although I am sure there have been a few but not many. Quote
Vmedvil2 Posted April 11, 2020 Author Report Posted April 11, 2020 (edited) I have decided to put my $1200 Coronavirus check into the stock market in a Roth IRA over 37 years when I am 65 and can retrieve it estimates are I will have $48,500 dollars more in my Roth IRA, A 4041.67% increase in value over 37 years, but its not like millions of dollars but not bad for $1200. Now for the fun part, If I had 1 million dollars it would be $40,446,450.18 dollars. The Stock market doesn't really make vast amounts of money upon investment. Edited April 11, 2020 by VictorMedvil Quote
Maine farmer Posted April 11, 2020 Report Posted April 11, 2020 What about becoming a consultant? If you become an "expert" in a lucrative field, you can get paid while other people take all of the risks. Quote
Thoth101 Posted April 12, 2020 Report Posted April 12, 2020 I have decided to put my $1200 Coronavirus check into the stock market in a Roth IRA over 37 years when I am 65 and can retrieve it estimates are I will have $48,500 dollars more in my Roth IRA, A 4041.67% increase in value over 37 years, but its not like millions of dollars but not bad for $1200. Now for the fun part, If I had 1 million dollars it would be $40,446,450.18 dollars. The Stock market doesn't really make vast amounts of money upon investment.My friend in school was very good with the stock market and he became a millionaire not long after he did 2 years in the Army. So it can be done if you know what you are doing. He started with what he saved from 2 years in the Army which wasn't very much. Now he just buys and sells houses. He spends a lot of time in Costa Rica now also. Quote
malissiabrobst Posted February 9, 2022 Report Posted February 9, 2022 (edited) Many billionaires weren't afraid to "ruin their lives" by breaking ties and leaving colleges and universities. They weren't afraid to dramatically change their lives. Many poor people will always remain beyond the poverty threshold only because of their fear of looking over their heads. Many of us are afraid to take risks, change our everyday lives, and go to another city or country to achieve a goal. I once read the story of a billionaire who, to achieve his goal, was enough to send to hell all his friends of that time, who dragged his life to the bottom and didn't motivate him to get better in any way. Edited January 24, 2023 by OceanBreeze removed spam link Quote
DontStopmeNow11 Posted September 15, 2022 Report Posted September 15, 2022 (edited) That's what everyone knows about the most standard way of making money. Few people know how to earn a huge amount of money because it is not profitable for the modern economic system. We always need ordinary workers who bring millions of dollars to their employers. For example, I used to work in the office from 9 to 5, like everyone else. Still, I aimed to save money and start investing it in stocks or cryptos. I studied these two markets in detail, and now I earn a good amount of money "working" several hours daily. And considering how the dollar and euro exchange rate is jumping now, you should always check it -- for instance, on the FBS (link removed by moontanman). That link was a hot potato and potential FBI monitoring not suitable for this site. IMHO Edited March 29, 2023 by Moontanman Quote
Goodrunaway Posted September 26, 2022 Report Posted September 26, 2022 (edited) My recommendation is to trade throughout these cycles since, in my experience , those that succeed in the cryptocurrency market do so by doing so. However, it may sound cliche, but most knowledgeable traders DCA into bitcoin and Ethereum on each of these dips. Why? Because they are aware of the long-term catalysts that will continue to be effective in the future. The next halving will occur in 2024; anyone who is collecting coins to sell them a year or two after the evening would benefit greatly. The Ethereum merging, scheduled for June this year due to the difficulty bomb date, is another event on the horizon. Edited January 24, 2023 by OceanBreeze removed spam link Quote
oliVia Posted January 23, 2023 Report Posted January 23, 2023 (edited) I recently started playing blackjack online in an online casino, and I have to say that I am absolutely loving it. I've always been a fan of the game, but I never thought I'd be able to make money from it. At first, I was a bit skeptical about whether or not I actually had a chance to win. After some extensive research, I decided to give it a try. After a few weeks of playing, I started to understand the game and the strategies involved in it. I also started to become more confident in my abilities as I was winning more often than not. Now, I am consistently making money by playing blackjack in an online casino. I have been able to utilize the strategies that I have learned in order to increase my chances of winning and have been able to make a decent amount of money each month. I have even been able to make strategic bets in order to increase my winnings. The best part about playing blackjack in an online casino is that I don't have to worry about any of the distractions that can come with playing in a live casino. I can easily focus on the game and make sure that I am making the right decisions. And I don't have to worry about anyone watching me or judging my play. Overall, I am having a great time playing blackjack in an online casino and I am making a decent amount of money each month. I am also enjoying the challenge of learning new strategies and improving my game. It is great to be able to make money while doing something I enjoy🙂 Edited January 24, 2023 by OceanBreeze removed spam link Quote
JavierHenderson Posted August 22, 2023 Report Posted August 22, 2023 What about making money as a trading broker? Quote
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