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What is the fastest way to get rich?
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[QUOTE="Mika, post: 251767, member: 29399"] Here are some options you can explore. I have also shared the pros and cons of these methods. #1 Start your own company Pros: You have an option to grow really big by continuing to reinvest your profits. Cons: There is a lot of work to do, but there is also a huge risk involved. #2 Invest in other companies or businesses through the stock market or direct investment Pros: Not only your stock price will increase, but you will also earn from dividends. Cons: If you don’t know about the stock market and don’t know how a business operates, you are ruined #3 Invest in Mutual Funds Pros: A fund manager will invest your money in profitable areas and make money for you. Cons: Mutual Funds are also subject to market risk. They are not full proof. #4 Put your all money in a fixed deposit Pros: You can compound your savings and get maximum return. Cons: The rate of return is small, the maximum you can get is 12 percent per year. [/QUOTE]
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What is the fastest way to get rich?
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