It is possible to get rich but not with 99% of the ideas you see here on YouTube. Becoming a millionaire is possible through the two strategies I’ll show you but there is a massive decision you need to make, do you want the fast and risky approach to make money or the one that takes longer but is more certain?
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Most get rich fast videos will feed you some lottery-ticket strategy that has no chance of working. The leave out critical details about the risk and the real odds of becoming a millionaire. It’s too bad because it really is possible to make money and get rich, but you need to know what to expect.
There are actually two ways to make a million dollars or more and I’ll show you both along with three strategies for each. I’ll then give you a bonus idea to that anyone can use to get rich quick.
The first strategy is going to be the fast but risky way…leveraging your money to invest in things like options, penny stocks and futures. By multiplying your money 10-20 times, even a quick return of 5% will double your money. Do that enough times and you’re a millionaire within a year. Of course with these high return investments, there’s also the high risk that you lose your money or get set back with one investment gone wrong. I’ll show you the risks in each of these strategies, how to avoid them and how to use them to get rich.
The other strategy is the one I used, the ‘slower’ method to getting rich but if we’re being realistic, is five years really that long to wait to become a millionaire? This method involves building assets that create income rather than just getting a return on your money. The way these make you rich is they guarantee you an income for decades, some even after you stop working. This get rich strategy does take work but I’ll show you exactly how to build each of these to become a millionaire in as little time as possible.
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Watch these videos for more detail on specific ways to become a millionaire and get started faster!
My 5 Favorite Passive Income Ideas for 2021 – Must Watch! https://youtu.be/Zgc43M8ydbE
I used these 5 Options Trading Strategies to Make $20K+ Last Year https://youtu.be/owZNEuYL_N0
Step-by-Step to How She Made Over $6,000 on just One Virtual Conference https://youtu.be/OFDJcODDYGE
How to Start and Grow Social Media Profiles as an Influencer https://youtu.be/lqwkIeff8uw
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Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through debt payoff strategies, investing and ways to save more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps.