Author

Topic: How too get rich - page 214. (Read 414983 times)

hero member
Activity: 770
Merit: 504
November 07, 2015, 11:11:17 PM

Probably, here you can buy about 20 apartments with that money.


Where do you live?  In America that will barely buy you a single house, and only half of one in an expensive area like San Francisco. 
hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
November 07, 2015, 10:10:44 PM
Save up, buy a mortgage. Instead of spending money on beer and Mcdonalds spend it on paint and tools. Once the house is an acceptable standard start renting it out. Save up to buy another, rise and repeat.
But you need capital just like anything else to start a business venture.
How long do you think you would need to save up to get a mortgage so you can get a house?
Renting out requires you to be a landlord so that would mean to quit your day job if you have more than 2 houses to do repairs and collect the rent from tenants. A lot of work involved. Old houses always have problems and in need of repairs every year. Who can afford to buy a even a semi-new house now? $400k, no body has money like that just laying around anymore with the economical state the world is in now.

Probably, here you can buy about 20 apartments with that money.

Each month you get about 30-40 € rent from each, thats about 800€ monthly.

Of course it will be less after taxes and whatnot but it can be a decent earning. But who has 400,000€ lying around?
hero member
Activity: 728
Merit: 500
EtherSphere - Social Games
November 07, 2015, 10:03:51 PM
Save up, buy a mortgage. Instead of spending money on beer and Mcdonalds spend it on paint and tools. Once the house is an acceptable standard start renting it out. Save up to buy another, rise and repeat.
But you need capital just like anything else to start a business venture.
How long do you think you would need to save up to get a mortgage so you can get a house?
Renting out requires you to be a landlord so that would mean to quit your day job if you have more than 2 houses to do repairs and collect the rent from tenants. A lot of work involved. Old houses always have problems and in need of repairs every year. Who can afford to buy a even a semi-new house now? $400k, no body has money like that just laying around anymore with the economical state the world is in now.
sr. member
Activity: 674
Merit: 250
November 07, 2015, 09:56:57 PM
Save up, buy a mortgage. Instead of spending money on beer and Mcdonalds spend it on paint and tools. Once the house is an acceptable standard start renting it out. Save up to buy another, rise and repeat.
sr. member
Activity: 826
Merit: 263
November 07, 2015, 08:19:40 PM
Nice idea mate, I'm going to make time machine right now  Cool
hero member
Activity: 658
Merit: 500
November 07, 2015, 02:30:04 AM
Just work hard!  be patient of all task!  Smiley

If you think enough to work, it is no different than monkeys, Monkeys also work every day to get food
you must use your brain too Grin


#racism
I think I know this proverb, Tongue
just work is not good enough,

worked hard + prayer = power
hero member
Activity: 676
Merit: 500
November 06, 2015, 12:58:12 PM
You might have missed the first bitcoin boom, but that doesn't mean you have to miss the next one. Buy as much bitcoin as you can without compromising your lifestyle and hope for the best
sr. member
Activity: 322
Merit: 250
Real power doesnt hit hard,but right to the target
November 05, 2015, 07:24:31 PM
Just work hard!  be patient of all task!  Smiley

If you think enough to work, it is no different than monkeys, Monkeys also work every day to get food
you must use your brain too Grin


#racism
hero member
Activity: 631
Merit: 500
November 05, 2015, 11:39:51 AM
lol that's impossible but work hard and you'll see results and save money don't spend it all

Work hard and act smart will serve the purpose and saving will play an key role in becoming rich in the future and if you are working then you would be having an fixed income so it is better to start your own business you can earn for yourself rather then earning for any company.
newbie
Activity: 47
Merit: 0
November 04, 2015, 03:42:33 AM
i am already working on this, update you guys when done Wink
hero member
Activity: 658
Merit: 500
November 04, 2015, 03:10:53 AM
lol that's impossible but work hard and you'll see results and save money don't spend it all

I think becoming rich is not you need to suffer whole life just by saving your money and at the end you become rich. One should save money for sure but not at the cost of life style compromisation. One should find a ways to increase there earnings to save more instead just sacrifice life to save money.
so you think wasteful it's good ?

nearly 20% of the world community is impoverished, because acting like a rich man, that burst or extravagant waste of money?
full member
Activity: 168
Merit: 100
November 04, 2015, 03:04:48 AM
How to get rich Huh hmm well be good in poker Tongue
no gambling gods in real life,
I am not sure there are rich from gambling or poker, like in the movie
legendary
Activity: 1456
Merit: 1023
November 04, 2015, 12:41:03 AM
lol that's impossible but work hard and you'll see results and save money don't spend it all

I think becoming rich is not you need to suffer whole life just by saving your money and at the end you become rich. One should save money for sure but not at the cost of life style compromisation. One should find a ways to increase there earnings to save more instead just sacrifice life to save money.
hero member
Activity: 770
Merit: 500
November 04, 2015, 12:29:46 AM
lol that's impossible but work hard and you'll see results and save money don't spend it all

use the money as needed (saving)
why most people are stingy could become rich. ?
dude that's called saving @@ just spend for what you need and don't touch your savings
hero member
Activity: 658
Merit: 500
November 03, 2015, 11:39:23 PM
lol that's impossible but work hard and you'll see results and save money don't spend it all

use the money as needed (saving)
why most people are stingy could become rich. ?
legendary
Activity: 1218
Merit: 1001
November 03, 2015, 11:34:08 AM
Just like real life , you need work hard for hard work. For those effort, sometimes with a luck , we can success and got rich without being expected.
For example : at my local , with a hobbies that like to by something digital, he become rich man because he build an exchanger. Yeah , he bought bitcoin but did not realize that he can success just like now
legendary
Activity: 1137
Merit: 1035
Bitcoin accepted here
November 03, 2015, 06:37:48 AM
Buy or develop your own time machine and go back to 2008 and mine BTC on the computer at your mothers house in the basement

Go back to 2010, offer to buy someone a pizza for 10,000 BTC, wait a few years, get rich Grin
sr. member
Activity: 335
Merit: 250
November 03, 2015, 05:46:37 AM
lol that's impossible but work hard and you'll see results and save money don't spend it all
hero member
Activity: 658
Merit: 500
November 03, 2015, 04:05:52 AM
make yourself ready to face all challenges and make a good plan, and do not forget to pray

+1
I like your coment
prayer is something very important, also can make you move forward to achieve the dream


yeah prayer could be encouraging you
but prayer alone is not enough, there must be sought
so trying + prayer = success
hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
November 02, 2015, 02:32:33 PM

Yes this make sense now, low self stem didn't make sense on that context. It is always generally a bad idea to flaunt wealth. Look at the Forbes magazine. You will not see none of the top guys flaunting wealth, they are low profile guys. Meanwhile you have guys like Mayweather or Dan Bilzerian out there flaunting their wealth all day and they are a lot of millions away from becoming Forbes billionaires.

Obviously, and not just bad in the moral sense, but bad in the sense of physical security.

If you brag with your wealth, you will find many enemies, thieves, burglars, kidnappers, extortionists that will put eye on you.

Keeping a low profile is good even if you are a billionaire, there are many dangers out there in the world.
Jump to: