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How to become a millionaire
07-22-2006, 01:45 AM
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How to become a millionaire
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Posts: 206
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I thought this was interesting so I will share.
"A young man asked an old rich man how he made his money. The old guy fingered his worsted wool vest and said, "Well, son, it was 1932. The depth of the Great Depression. I was down to my last nickel. I invested that nickel in an apple. I spent the entire day polishing the apple and, at the end of the day, I sold the apple for ten cents. The next morning, I invested those ten cents in two apples. I spent the entire day polishing them and sold them at 5 pm for 20 cents. I continued this system for a month, by the end of which I'd accumulated a fortune of $1.37. Then my wife's father died and left us two million dollars."
It's from http://philip.greenspun.com/bg/
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07-22-2006, 01:50 AM
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Posts: 1,223
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Lol  sad/funny at the same time
but that article is pretty interesting
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07-22-2006, 05:14 AM
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Posts: 7
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Yeah the article is pretty good. 
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07-27-2006, 09:22 PM
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Posts: 17
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3 ways.
Inherit, Marry, & Steal.
I like the steal one the most, and then comes marry  LOL
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07-27-2006, 11:15 PM
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Posts: 2
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It is becomming increasinly harder to make something from nothing these days like you hear about so much, such as people who immigrated with only the clothes they had on and some change.
Fortunately the internet is an exception and with a good idea, you can build a money making machine for little cost. NOT THAT LOTS OF MONEY WOULDNT ALSO HELP WHEN IT COMES TO THE INTERNET. Just before im flamed :P
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07-28-2006, 12:11 AM
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Posts: 20
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hahaha man that was funny i liked it ....
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07-28-2006, 12:19 AM
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Posts: 823
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Hahaha, nice. Even without the end, the method works.
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07-28-2006, 01:23 AM
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Posts: 334
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lolzzz articles is intresting but ........lolz 
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07-28-2006, 01:29 AM
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Posts: 29
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The easiest way to get a million dollars in your bank account? Start with two million ...
Actually in all seriousness, the best ways are to build a business and invest in real estate. Long term, real estate has been one of the best investments I've made.
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07-28-2006, 02:03 AM
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Posts: 823
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The best way to get rich is by sending $1 via paypal to the following emails...
justkidding 
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07-28-2006, 02:08 AM
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Posts: 406
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how to become a millionare:
bank 2000 a year starting at age 18, and by 60, you'll be a millionaire provided you can get 5% on your money.
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07-28-2006, 02:17 AM
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Posts: 10
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Quote:
Originally Posted by Pax
It is becomming increasinly harder to make something from nothing these days like you hear about so much, such as people who immigrated with only the clothes they had on and some change.
Fortunately the internet is an exception and with a good idea, you can build a money making machine for little cost. NOT THAT LOTS OF MONEY WOULDNT ALSO HELP WHEN IT COMES TO THE INTERNET. Just before im flamed :P
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dude thats me...
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07-28-2006, 02:18 AM
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Posts: 10
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Quote:
Originally Posted by briansol
how to become a millionare:
bank 2000 a year starting at age 18, and by 60, you'll be a millionaire provided you can get 5% on your money.
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who wants to be a millionaire at 60? you gon die in year or 2 anyway
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07-28-2006, 10:02 AM
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Posts: 504
Name: Nick Ohrn
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Quote:
Originally Posted by IsMaR
who wants to be a millionaire at 60? you gon die in year or 2 anyway
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Die at 62? I hope not. That's a very pessimistic view of the future IsMaR. Think positive!
Besides, saving like that truly is the most reliable way to become a millionaire. If you let the power of compounding interest work for you, you'll get out ahead in the end, and probably be able to retire early if you're frugal.
Saving is great!
-Nick
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07-28-2006, 10:07 AM
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Posts: 10
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Quote:
Originally Posted by nickohrn
Die at 62? I hope not. That's a very pessimistic view of the future IsMaR. Think positive!
Besides, saving like that truly is the most reliable way to become a millionaire. If you let the power of compounding interest work for you, you'll get out ahead in the end, and probably be able to retire early if you're frugal.
Saving is great!
-Nick
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I know, I'm just playing, I am optimistic person, but I dont know waiting 40 years to become a millionaire is a long time
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07-28-2006, 10:09 AM
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Balance is key (for me at least)
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Posts: 25
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I think it's good to have the backup plan working (so at 60 at the least you'll be a millionaire) and to also work on ideas/businesses that can make you wealthy in a shorter time frame. If you get rich sooner, abandon the longer term plan :-)
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"Don't stay in bed, unless you can make money in bed." - George Burns
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07-28-2006, 10:14 AM
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Posts: 10
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Quote:
Originally Posted by MaplewoodAve
I think it's good to have the backup plan working (so at 60 at the least you'll be a millionaire) and to also work on ideas/businesses that can make you wealthy in a shorter time frame. If you get rich sooner, abandon the longer term plan :-)
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I guess thats a good way to do it...
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07-28-2006, 10:21 AM
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Posts: 295
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lol funny post mr. op, made me chuckle
As far as being a millionaire ... I have no need to be a millionaire. My internet only costs $40 a month, what else do I need?
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07-28-2006, 10:24 AM
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Posts: 10
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Quote:
Originally Posted by feros
lol funny post mr. op, made me chuckle
As far as being a millionaire ... I have no need to be a millionaire. My internet only costs $40 a month, what else do I need?
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food?
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07-28-2006, 10:50 AM
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Posts: 295
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Quote:
Originally Posted by IsMaR
food?
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Negatory.
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