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2011年5月24日 星期二

A Guaranteed Way To Get Rich


What is the guaranteed way to get rich? Obviously there are a dozens of ways to get rich. If you were to look at the pool of the wealthy class in America and find out how each person became rich, the responses would be all over the board.

Someone might have been an oil investor, another got in the stock market just before the tech boom and got out just in time, another was born into it, another started their own carpet business . . . the list goes on. What's important is that some got lucky and others worked for it, which means there are essentially two ways to get rich.

Sitting around hoping to get lucky is not a guaranteed way to get rich. If you do that, chances are you won't get anywhere fast. If you are serious about becoming rich, though, you will take action and use a proven system that has worked time and time again.

The guaranteed way to get rich won't get you to your goals overnight, but it will get you there nonetheless. It requires discipline, patience and consistency.

The absolute number one way that will guarantee that you get rich is to regularly invest in a diversified portfolio. By doing this you will take advantage of compound interest, which Albert Einstein described as one of the "greatest wonders of the world."

By simply putting small amounts of money away in an investment fund, there is no doubt that you will accumulate great wealth and become rich. Take for example the millionaire on $5 a day plan. If you were to invest just $5 every day in an investment portfolio that returns 12% a year, you will have made $1 million in 40 years. Sure, 40 years is a really long time, but what if you were to invest $10 or $20 a day.

The easy way to do that is to take advantage of your company's 401k retirement plan. Max out your 401k every year and you will have a couple million dollars in less than 15 years, and that does not include any company matches to your contributions. How is this possible? Compound interest. Take advantage of compound interest, and you are guaranteed to become rich.

Now go learn how to reduce your debt and increase your income, and you can turbo charge your wealth accumulation and reach your financial goals much quicker.








Learn more about wealth investing from Ryan Taylor by visiting Millionaire Money Habits at http://www.mmhabits.com A free gift to make your rich is waiting for you.


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