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What is the Easiest Way to Become a Millionaire?
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[QUOTE="Mika, post: 262173, member: 29399"] If your parents have hundreds of thousands, you can use their money to make millions by investing in the market, if your parents are millionaires, you can use their money to become billionaires. However, if you are starting on your own, you need to work really hard to become a millionaire. Generally speaking, you can become a millionaire in two ways, one, by starting a business and making it profitable, and two by investing in profitable businesses and companies. The second method requires you to have money, and the first method requires you to create a winning product. For normal people both are unachievable. The only way common people can become millionaires is by investing in the long term. If you continue to invest $50 per month in the stock market and increase your investment by 10 percent every year, you can become a millionaire in 20 years, provided you receive a 10-12 percent return from your investment and reinvest. [/QUOTE]
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