MAKE YOURSELF A DOLLAR MILLIONAIRE
These are seven ways that you can make yourself a Dollar Millionaire
You have to register a company. Get a company registered even if you have something doing at the moment. You can easily attract a corporate deal when you have a company.
Learn how to write a business plan. You can easily get loans and financial assistance if you know how to write a business plan.
Convert your money to assess. When you finally start up a business and the profits start coming, convert most of them to assests.
Money whether dollars, pounds, Euro are meant to loose value over time. This is called inflation. With time the money in your hands will turn to liability and loose value. Invest your money on things that appreciate in value over time.
Conserve your investment. Never put all your money in a risk investment, diversify your portfolio. You should have a mixed portfolio according to risk management.
Banks are there to take your money. The reason why bank exist is to take money from those who don't know how to make good use of it and give it to those who can, those with great business ideas.
You only save money when you don't know how to make good use of your money in your hand. Instead of saving your money in the bank, just find a good place to invest your money.
- Money is dynamic. Your money is either growing or it is reducing. When you have money and don't know how to make good use of it, inflation will give your money direction by shrinking it.
It is either you save yourself from inflation by investing your money or risk losing it to inflation.
- If you still don't know what to do with the money that you have right now, then invest it on stock or crypto. With proper research and risk management, those investment can bring lots of profits return for you.
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