Get Rich Quick in 3 Easy Steps
I've always been pretty skeptical about get rich quick schemes.
That said, I actually found a way that worked for me! It's really not that hard if you just keep a few things in mind.
Following are 3 easy steps to wealth beyond your dreams.
1) Avoid long term, low return investments.
Conventional wisdom will tell you that investing in things like 401ks and the stock market will make you returns in the long term.
While this might be true, you'll end up with a very limited amount of money to invest - which means lower returns.
There are plenty of low risk ideas that will earn you returns in a much shorter period of time.
2) Focus on fast returns.
No matter how much you have to invest, your goal should be to see returns quickly - in as short as few weeks.
Even if these returns are only 10%, if you immediately reinvest it you are constantly growing your capital and enabling even higher returns.
3) Keep your money moving.
So you see a return in two weeks.
You'll probably be tempted to use that money for things you'd like to buy now.
However, keep in mind that as your returns compound so does your growth potential.
If you make a 20% return on $1,000, imagine how much you could make if you continue to invest not only your capital but your returns as well.
Within a year you'll see a huge return on your initial investment.
No matter how much you invest or how you choose to do so the key to get rich quick is to keep that money constantly moving and working for you.
That said, I actually found a way that worked for me! It's really not that hard if you just keep a few things in mind.
Following are 3 easy steps to wealth beyond your dreams.
1) Avoid long term, low return investments.
Conventional wisdom will tell you that investing in things like 401ks and the stock market will make you returns in the long term.
While this might be true, you'll end up with a very limited amount of money to invest - which means lower returns.
There are plenty of low risk ideas that will earn you returns in a much shorter period of time.
2) Focus on fast returns.
No matter how much you have to invest, your goal should be to see returns quickly - in as short as few weeks.
Even if these returns are only 10%, if you immediately reinvest it you are constantly growing your capital and enabling even higher returns.
3) Keep your money moving.
So you see a return in two weeks.
You'll probably be tempted to use that money for things you'd like to buy now.
However, keep in mind that as your returns compound so does your growth potential.
If you make a 20% return on $1,000, imagine how much you could make if you continue to invest not only your capital but your returns as well.
Within a year you'll see a huge return on your initial investment.
No matter how much you invest or how you choose to do so the key to get rich quick is to keep that money constantly moving and working for you.