This example above is not “pie in the sky” numbers — these are real life options when you buy the right deal and utilize all four of the four wealth generators. Imagine what Jenny’s net worth would be after 30 years if she had purchased two duplexes — or four, or twenty of them early on.
Hey Tim, I just finished watching your How to make millions DVD. It was awesome, I have learned so much. The different strategies are a big help, I haven’t found mine but I’m tweaking all of the ones I seen in the DVD or getting idea’s from them. I wouldn’t waste 30+ hours of my life watching just some random DVD, this truly has been inspiring. -JRuark
Where did the year go? Now that it’s December, start thinking about how your tax bill will look. Consider paying your January mortgage this month, so you have extra interest to deduct. You can also donate to charity before month-end and reduce your tax bill. If you contribute more to your child’s 529 plan, you might get a partial deduction or credit on your state tax return, depending on where you live. And if you have a financial advisor, call him or her for tax advice and suggestions on how to prepare for the year ahead.
This list is not exhaustive, but it should help create some momentum and spur creative thinking on how to grow your business. While it is true that some of these tips may be applied more readily to some businesses than others, those that appear most foreign to your industry could be most valuable as it is less likely that one of your competitors has used them.
If you are looking for ways to practically make a million US dollars in one year from the scratch, then one of your options is to invest in real estate. For example, you can buy a landed property or a facility in January and sell that same landed property or facility within same year and make your cool million US dollars with little or no stress. This is perhaps one of the surest means of making a million US dollars in a year especially if the value of the landed property or facility is on the high side.
Another tactic could be highly rewarding, it can backfire. You have seen some of the most successful forums charge a fee for members who wish to participate in a specialized section of the forum.
This way, while I’m on holidays, my content keeps being published. I often find that once I return from holidays, the quality of my writing gets better because I’ve had time to synthesize my thoughts and get out of my own head.
It might seem so obvious to you that you don’t actually believe it. You might think that there is a secret that you are missing but there really isn’t. If you study enough success stories you can see the methods that they use.
Maybe you didn’t want to hear this, but it could be time to learn how to sell. One of the surest ways to wealth is to see what people need or want and provide it. But you still have to convince them it’s your something they need. That’s what sales is all about.
I love your review on My Millionaire Mentor. I was watching the video and that guy just kept beating around the bush about everything. So I Googled: What is My Millionaire Mentor and found your site. Hope those keywords helps you there. You were straight to the point and I clicked off that site after reading your review, that and I was tired of hearing his annoying voice. Thanks a lot 😉
Second, decide where to invest your Roth money; technically you can be in stocks, index funds, mutual funds, whatever. But I suggest investing your money in a low-cost, diversified portfolio that includes index funds such as the S&P 500. The S&P 500 averages a return of 10% and is managed with barely any fees.