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HOW TO GET RICH

Wealth: nearly everyone wants it, but few people actually know what they need to do in order to get it. Becoming rich takes a combination of luck, skill, and patience. To get rich, you'll need to set yourself on a path that leads to a monetarily enriching career, then handle the money you earn wisely by investing it, saving it, and reducing your living expenses. Getting rich isn't easy, but with a little bit of perseverance and skillful decision making, it's definitely possible.

By Mr CeaserPublished 3 years ago 4 min read
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Put money in the stock market. Invest money in stocks, bonds, or other vehicles of investment that will give you an annual return on investment (ROI) great enough to sustain you in your retirement. For instance, if you have one million dollars invested and you get a reliable 7% ROI, that's $70,000 per year, less inflation.

Don't get enticed by day traders who tell you it's easy to make a quick buck. Buying and selling dozens of stocks every day is essentially gambling. If you make some bad trades — which is unbelievably easy to do — you can lose a lot of money. It's not a good way to get rich.

Instead, learn to invest for the long run. Choose good stocks with solid fundamentals and excellent leadership in industries that are primed for future growth. Then let your stock sit. Don't do anything with it. Let it weather the ups and downs. If you invest wisely, you should do very well over time.

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Save money for retirement. Keep saving. It seems that fewer people are saving adequately for retirement. Some feel they may never be able to retire. Take advantage of tax-deferred retirement plans such as IRAs and 401Ks. The tax treatment they embody will help you save faster for retirement.

Don't put all your trust in Social Security. While it's a good bet that Social Security will continue to work for the next 20 or so years, some data suggest that if Congress doesn't radically alter the system — either by raising taxes or reducing benefits — Social Security won't be available in its current form. It is probable, however, that Congress will act to "fix" Social Security. In any event, Social Security was never designed to be the only resource for retirees in their later years. That makes it all the more important that you save and invest for the future. [1]

Invest in a Roth IRA. A Roth IRA is a retirement account to which working individuals can contribute an annual sum of $5,500. That money is then invested and gathers compound interest. If you wait until retirement age to take money out of your Roth IRA, the money that you withdraw isn't taxed, because it was taxed at the time you first earned it.

Contribute to a 401(k) account. This is an account set up by your employer where pre-taxed contributions can be invested. Your employer may choose to match all or part of your contributions. This is probably the closest thing you'll get to "free money" in your life! Contribute at least enough to take full advantage of the match.

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This is one of my favorite ways to become rich. If people ask me only one & the best way to become rich then I recommend Internet marketing only. Millions of people around the world have become rich through Internet marketing over the last 15 years.

There is no better time than this for a smart & hard worker to use Internet marketing to get rich quickly. There are number of ways provided below-

i) Make Money Online Program

There are hundreds of ways to make money online. You can find all these ways here. We also provide free training material for each & every method once you sign up.

ii) Sell your own product

This is another method, I will recommend to get rich fast. Either, you can create your own website to sell your products or become a seller on sites like Amazon, eBay etc. & sell your product.

iii) Blogging & Affiliate Marketing

Blogging is one of the highly recommended ways to become rich. In fact, I was an ordinary guy some year back & blogging made me rich. You can use this guide to start a blog, write your experiences, opinions, ideas etc. and share with the world.

Then promote it through digital marketing techniques, get the traffic and make huge money. You can earn either by placing AdSense ads or promoting affiliate programs in your blog.

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Believe me, this is one of the easiest & quickest way to get rich. Not one, but I have literally seen hundreds of people made millions of dollars though network marketing. No education, no qualification & low investment needed to get big success in MLM.

So what exactly you need to start making money from network marketing.

A best MLM company & plan – Check top 100 network marketing companies and join one.

High motivation & stubbornness

Leadership skills – check top 10 strategies of successful MLM leader

If you want to increases the speed of success, you can promote your MLM company through Internet.

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What better option for people with financial knowledge? However, high returns in stock markets involve high risks. Stocks have the ability to make you millionaire overnight, or bankrupt too.

So play safe & in limits. Your knowledge about market plays a very important role to make big money in stock market trading.

Even if you have lots of knowledge, there are some basic rules of stock market you need to follow. In order to make (not lose) big money in share market, stay updated regularly through finance blogs or news channels like CNBC, Bloomberg etc.

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There is no second opinion in the philosophy: “An idea can change your life”. Here I am not talking about the idea to make money but an idea to solve some problems in your life.

Some of the ideas that made people super rich –

Larry Page & Sergey Brin created Google

Mark Zuckerberg created Facebook

Shai Wininge created Fiverr

Lalit modi brought the idea of IPL

Jan Koum Founded Whatsapp

You can also think of small ideas that are new in your city, state or country. Some of the ideas that you can work on:

Toys on rent business

Healthy breakfast service

Food Truck

Virtual assistant services

Cost cutting services

Social media profile management

Your own new idea….

how to
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About the Creator

Mr Ceaser

NEW THINKING,LEARNER

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