how to get rich before reaching 30?
465169
You should be saving and investing, but if your goal is to be rich at 30, you need to establish and run your own business.  You need to find something to sell, a service to provide, something you can give to others, who will pay you!\n\nLearn business.  Not necessarily corporate finance, but day-to-day business planning, accounting, law, etc.  You need to know how to create a business plan, so people will finance you (lend you $$ to start).  \n\nBe prepared to sleep in your car.  Be prepared to be seen as a useless dreamer with no chance to succeed.  Be prepared that you will do everything right, and have it fail anyways.  It happens.\n\nYou may fail miserably, but this will raise your get-rich-by-30 chances from 0 (winning the lottery) to maybe 5%, maybe even 25%, who knows?
401617
There's no real guarantee of getting rich really quickly (or else everyone would be rich) but hardwork and perseverance is a 75% guaranteed way to be rich, but it takes alot of time and patience. An easy way (and sometimes expensive) is gambling and lottery. Beware that people have lost money because of gambling problems. It's never guaranteed that you're gonna be rich with this easy method because a small percentage of lottery players ever win.\n\nThe final answer is that you have a choice of either spending the rest of your life either playing lottery and hoping to win, or work hard and be guaranteed to be rich someday.
387434
To make a billion from $500 there are only 2 options \n1-Create a business\n2-Invest\n\nBut before you launch into either one you need to research the area you plan to pursue. Study the top people in those fields. Read a ton of books. Then once you've read the ton re-read them. Launch into your endeavor. Work your butt off. Lose sleep. Be consistent and persistent. Be accountable to everybody. Have integrity in all of your dealings. Develop a good work ethic. Then maintain all the above for however long it takes (10, 20, 30yrs). \n\nYou do all of that and you'll have your billion.\n\nA lot of the wealthiest people agree that getting involved with a reputable network marketing company (like Quixtar.com) can help a person develop the business skills required to run, maintain and grow a business. \n\nWhat ever you do it's not the $500 that will make you wealthy.
192836
Age is directly related to poverty financially. When you start earning a salary from a job or income from a business, your economic worth is higher at the age of 20-35, it ebbs down when you reach your peak age of 45-55 and goes down abruptly to less and less from age 60-75 until it gets down to ZERO. \n\nBut for those who prepared themselves while young and have residual income, insurance and investments, their net work remains in a plateau, where from age 50-75, their income from insurance, investments, or trust savings will stretch them through and they can still enjoy the good life during their waning years.
407249
review other "how do i get rich" answers first
1066986
Yeah..\n\n1. go to college and work using your mind or creative abilities.\n2. Invent something the world wants and will buy\n3. Theft or extortion\n4. Marry wealth (though rich people don't usually even date poor people)\n5. Kill off a rich relative after they make you their sole heir.\n6. Get lucky and find the winning lotto ticket on the ground somewhere.\n7. Much to everyone's surprise, oil sprouts out when you dig a hole to plant a tree in your backyard.\n8. Prostitution
308915
The only way to make much money is to earn it then invest it wisely.  I see you posted this in the investment category... my question is if you have nothing (or little) to invest... why would you post this here?  Shouldn't you be looking for a way to increase your income so that you can increase the amount you have to invest.  Anyone who tells you you can make millions without any work or effort (or capital) is just looking to take what little capital you do have from you.  There are many programs out there that will allow you to create an income from home, but any that are legit will require time and effort.  If you are willing to committ to "work" to increase your income... I can show you an opportunity that has helped us to suppliment our income.  I am not referring to a get rich quick scheme... this is a legit business that you can work on your own around your current schedule.  I would not promise you unrealistic amounts of cash... just the training and support to help you to reach your goals... provided of course that you are willing to put forth the effort.\n\nFor more information...contact me through my yahoo 360 page.
782093
If you are still 18 years old, you need to read a lot before you even start to approach a personal investment adviser.\n\nRobert Kiyosaki's books are a great start. From his classic "Rich Dad Poor Dad" to "Retire Young Retire Rich", these books gave me the right mindset, taught me what are the choices available and allowed me to go from totally broke and in debt to retired stock market millionaire at 28 years old. For more books that I personally recommend, please visit http://www.bestoptiontradingbooks.com . To read my presonal story how I went from rags to riches, please visit http://www.mastersoequiy.com and look for my free reports.\n\nHope these helps.
73755
Answer one question -very honestly, DO YOU DESERVE TO BE RICH?\n\nIf you get a real answer, yes then follow through.\n\nWhat assets have you accumulated over these thrity years?\n\nTake stock of all that you have earned, perhaps not in terms of money but in terms of experience, knowledge and degrees may be.\n\nYou will find that you are not poor but just did not use your stregths in the right direction.\n\nIf you have your health in hand, and all your assets (mentioned above) well in place -32 may just be your starting.\n\nThe day you realize, the next day is the first day of your life.\n\nTry not to make the mistakes that you made last time, and be very honest to at least yourself.\n\nBeleive you me, it is difficult to fail in life and very easy to make it through -we just do not appreciate the best things in life.
439734
If you are serious then you can make this happen.  Two things you need to focus on.  Given your age and only have 5 years to go you need to focus on the first which is your earnings ability and then secondly best ways to invest your money.  Look for a multi level networking company that is new (less than 1 year), that has a great product and one you believe it, research the management to make sure they know what they are doing, research the compensation plan and then spend several hours each day growing your business.  Take your earning and invest it in several different vehicles - stocks, notes payable, oil and gas, real estate etc.  Keep focused.  Don't listen to naysayers (aka dream stealer's).  You can do it!!  Good luck and welcome to the next Millionaire Club!
1011712
Most offers you get in spam email are scams.\n\nThe best way for a very young person to get rich is to start the next fad.  In the 70's, a teenager had the idea of selling pet rocks.  In the 80's, a pre teen had the idea of selling cardboard sun shades for car windshields.  Both these young men were millionaires by the time they graduated high school.
1123621
(1) Win the lottery.\n(2) Make a REALLY good business idea and have the capital to support it.\n(3) Wise stock investing.\n\nOtherwise, no. Beware of "get rich schemes" like you are proposing. You will only lose money.
844291
The only path from struggle to wealth is to spend less than you make, it really is that simple.\n\nIf your boss came to you tomorrow and said "I can either lay you off or give you a ten percent paycut, your choice...", most likely you would take the paycut.  So give yourself a paycut! When a check comes, regardless of the bills and the rent, take ten percent off the top and invest it in a broad market fund.  (Something like 'Spiders', maybe...)\n\nPay off all your debt (smallest first until it's gone, then the next, etc.)\n\nDon't amass any more debt.\n\nNever drive a new car.\n\nNever pay for coffee someone else made!
1128360
Live beneath your means.\n\nInvest what you don't spend. Invest either in your own business, or invest in the stock market and other assets. The  first way will get you there faster, but eveyone doesn't want to pressure of being the boss.\n\nStart as soon as you can.\n\nDon't stop learning to improve yourself.\n\nBe patient.
986567
Get a good education so you can get a decent job, then put as much as you can into savings.  Maximize things like 401K, especially if there's a company match.  If you get any extra money, like bonuses, invest that, don't go out and spend it.\n\nIf you have just a little luck with growth of your investments, you could be a millionaire when you retire.
779080
It depends upon your financial and life situation.  A retiree on a fixed income that is struggling will have very different needs than a 22-year old coming out of university. \n\n1. Ask yourself what your appetite for risk is.  Is the fear of losing 10% of your money three times greater than the joy of making 10%? Do you have a burning obsession with living a certain lifestyle when you retire?  Are you a worrier?  \n\n2. Look at your future cash flow projections?  Do you want to have kids soon? Will you go back to school? Are you going to buy a house soon?  Is your car on its last legs?  Is this investment for the long-term (i.e. 50 years or 50 days?). \n\n3. Use that information to map out what you should do with the money.  The trade-off is risk for rewards.  Higher rewards come with higher value volatility. If you are young, having improving outlook for future income and don't have any imminent cash flows coming up - put it in riskier assets.  If you are older, have needs for the cash and are a bit squeemish about losing money, put it in less risky assets.\n\nRiskiest assets:\nIlliquid assets (art, wine, over-the-counter securities)\nPrivate Equity (including own businesses)\nCurrencies\nCommodities\n\nRisker assets:\nJunk bonds\nStocks\nReal Estate\n\nLess risky assets:\nHigh grade bonds funds\n\nVery little risk:\nGoverment bonds\n\nNegative value investments:\nDepreciating assets (e.g. cars, consumer items, boats)\nBank accounts (i.e. earn less than inflation)\nCash in coin/bills\n\n4.  When you buy, purchase a diversified portfolio.  On average, you will have the same amount of returns for less risk than a non-diversified portfolio.  \n\nIf you are asking Y!Answers, you are probably need a little help:\na. Look at Vanguard for no-load funds.  Pick a globally diversified fund.  \nb. Look to invest in high-grade government bond funds. Those funds are also available at Vanguard.  I do not recommend high-yield bonds now as expansion of the yield spread should overcome any decrease in short-term rates. In other words, the higher return is not worth the risk.  \n\nHint:  Take a look at your total net asset portfolio (what you own less debt).  If you are an average Joe, you should be about 50-80% stocks, 10-40% bonds and 0-10% others (e.g. commodities) without your house.  Including your house, you should be about 25-50% real estate. 40-60% stocks, 5-30% bonds and nearly nothing in others.
308086
- Assuming you're a US resident over 18 -\n\n1. 401k. Put aside as much as you can afford or as much as your employer will match. i.e. My company will match my contributions up to 6% of my salary so that's what I put into my funds each year.\n2. Pay off debts! Credit Cards can be wonderful tools, but they can also bury you and kill your credit rating. As a bonus, use a rewards credit card like Discover or Amex Blue - they pay you back 1% - 5% of what you charge.\n3. IRA's. Open an IRA or a ROTH IRA with a broker like Smith Barney and begin contributing to it on a regular basis. \n4. Set up a high yield savings account - Citibank and Emigrant Direct both offer savings accounts at 4.5% APY.\n5. If you rent, look at buying a house or condominium. (ONLY IF YOU CAN AFFORD IT). Property has traditionally been a great investment.\n\nNo guarantee’s these will make you an overnight millionaire, but they will give you a firm footing to build on.