At this spread, you should be earning at least 4% per year on your $10 billion of capital, or $400 million. Sure, there’s some risk that the Fed will grow a backbone and raise short rates, but there’s not much risk. (They have an economy to fix and banks to secretly recapitalize). And in any event, if the Fed raises short rates, making your $1 billion will just take a bit longer. (And if they REALLY raise rates, causing you to actually lose money, it will be someone else’s problem.)
Very nice article helping people that just get started. It is important that people know that money can be made online. However it is more important to be doing than keep investing in the next get rich quick product.
Specifically, there are three things about you that you must change if you want to become a millionaire. I call this “The Wealth Tripod” because without all three, you’ll never become wealthy. All three steps are required if you want to build and maintain wealth. Like a camera tripod — if one of the legs is broken, the entire tripod will fall down.
Matt runs a company known as My Online Business Empire (“MOBE”) which sells a suite of products related to internet marketing. One of these products is known as My Top Tier Business (“MTTB”) which is actually the 21-step system that My Millionaire Mentor is promoting.
You have to build it up and develop a reputation. Good writers typically earn $1 per word or more. So, for an average blog post, you could earn up to $500 for just one article. I know this because I have paying writing jobs at this rate.
At his blog, Mr. Everyday Dollar, Chris writes, “You might think when your account rolls over to seven digits that fireworks light up the sky, confetti falls, and champagne how to become a millionaire without winning the lottery flowing. I can tell you that doesn’t happen…Honestly, the financial milestone that really mattered to me was making my first $1K from investing. That meant my investments could make me $10K, which meant they could make me $25K, and so on.”
Fast forward to present day, and I am now a proud millionaire. I’m learned the importance of having multiple income streams. I figured out how to implement processes that yield passive income literally while I sleep.
Keep searching on Google and Yahoo for free money and sooner or later you will be earning a lot from home. Don’t try to make it all right now. It won’t happen overnight. Remember the saying “Rome was not built in a day.”
Recently I found the easiest way to get started making money online for free. Get instant access to our free money making report and find out how to make money online in under 48 hours, starting from scratch, even if you have zero experience.
I’ve really enjoyed hearing some more details about your story. You’ve told your story on a lot of podcasts, but this definitely felt like a more insider view. I’ll be hosting my first webinar shortly, so thanks for all of the great insights on that.
This is a great review. It is great to come across a site that offers information to help a person avoid getting into a scam. A lot of people fall victim to these scams thinking that they are going to be rich and live a life of luxury. This is going to help a lot of people.
Apply these 10 steps and I guarantee you will become rich, which, we all agree doesn’t ensure you will be happy. I confess that money by itself has never made me happy, I never thought it would. That being said, if I am going to be unhappy I would rather have money than not have money.
I started blogging just for fun back in about 2006 at 15. I accidentally stumbled into monetization and ended up making greater than $30k/year at my peak. Google Panda killed that empire in like 2011 and I’ve sat out since then.
Jamie, I only very recently came across your interviews on YouTube (I think the first one I watched was with MJ DeMarco) but I absolutely love your style; it’s somehow both laid-back and to the point. I’ll definitely be watching more.
A career crisis that you know is forcing you to move on must be thought about like the Titanic. If your perception of reality is that the ship is sinking and there are leaky holes everywhere, then waiting around is going to force your ass into the freezing cold water.
Joshua: Real estate is definitely an avenue to becoming a millionaire. I only have a primary residence at the moment, but I think that may change later in life. The beauty of real estate is cash flow, whereas stocks and other equities don’t produce much cash flow outside of dividends (at most 3-5%). Good luck with your endeavors.
Whether it’s singing a song for them, calling their kids, pretending to be Santa, teaching them a Spanish phrase, making a Facebook fan page, or whatever else, people pay you to do these things for them.
Don’t let people put you down. You can become rich as long as you know your path were your going and know what your doing. Anyone can become rich, here’s some idea of becoming rich, catering to the rich people, selling private jet planes to people. Make your own websites and when it has a value sell it off, but to whome? see the problem here is that you got to know the right people, and talking about makeing websites believe me, you can sell your websites for 10million and or less it really depends on the value and effort of time that you put in it.Ex,Look at tom a Young adult who is the maker of myspace. everyone thought that myspace probably something thats going to be laim but Tom waited and as time goes by the whole world know’s about myspace now. And lets see he sold his website to some rich company for 2million and he’s living off from the money. and talking about lottery believe me there is only a 00.001/2 chance of winning only don’t dream about it.
6. Become a “Financial Mentor” for Financial Freedom Club. As a referral agent, we give you all the tools for FREE- NO BUSINESS OPPORTUNITY COSTS! Access to Unlimited mentors, all ad copy, your own landing page link to our website for credibility and sales copy so you don’t have to sell anything. The fact is we have the best product on the planet- money. Everyone wants it. And we have the 2nd best product on the planet, credit repair, only ours is far superior as its only 10 days to complete! How much can you earn? That depends on many factors including how ambitious, determined, and focused you are, but at 3% commissions on all funding with your referrals you can make from $5,000 up to $30,000 per client! We also pay $100 upfront commissions on memberships, credit repair programs, trade line purchases, and other services!
$1000-$10,000 guaranteed per day? I guess this would be a good situation to bring up the good ole saying. “If it seems too good to be true, then it most likely is”. This is really so fake and it really should be obvious it is.