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How to Get Rich Quick Realistically

prasad1

Active member
For many years I worried about money, but now I spend time enjoying it.
Very few people wake up one day and just become wealthy. It’s is a choice that you make and a way that you live your life.
It took me a long time and a ton of hard work, but I finally learned how to get rich quick realistically. I’m certainly not super-rich, but my money mindset has changed dramatically.
Most of us don’t get rich quick; it’s a journey. So, how did I do it? How can I possibly teach you how to get rich quick?
Here’s how I got rich quick (realistically):
Just in case you’re a busy professional who only has time to read lists, all you need to know to get rich is the following:
  • Realize you suck with money and believe wealth is possible for you.
  • Start investing now, your future self will thank you.
  • Educate yourself on money and learn to build wealth the right way.
  • Make more money and live a life that can make success happen for you.

Investing
Being frugal is important, but it’s only one side of the coin. Cutting your fancy cappuccino habit to save a few bucks isn’t going to push the needle for you. While there is a limit to have much we can save, there is no limit to how much we can earn.
Investing in the Market
The easiest and the most efficient way to grow the money you’ve already saved is through investing in the stock market. The best part is it doesn’t take much work on your part; it can be put on autopilot.
No, investing in the stock market will not make you rich overnight. It’s a slow, steady and consistent way to build wealth. With a 7% average yearly gain, your initial investment will double ten years.
You can’t do that keeping it in a savings account. In fact, in 10 years, your savings will be worthless because of inflation.


 
India is a land of speculators and middlemen and lobbyists.

India for years had flirted with socialism and has a mixed economy.

Every time any control measure is dismantled by lobbying by middlemen, there is an oppurtunity for making

quick money.

We have an adhoc govt which thinks only a year ahead.

So the idea of SIP [systematic investment plan] is utterly foolish and youngsters get conned to get into it..

With high inflation, todays money is far more valuable than what one will be in couple of years.

The wisest way is look for oppurtunities arising out of scrapping any govt regulation and make good gains.

Three or four oppurtunities in a year is good enough.

Within a decade one can outperform financially ones peers .lol
 

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