View Single Post
Old 08-21-2007, 10:13 AM   #4 (permalink)
fourthdan
Senior Member
 
Join Date: Nov 2006
Location: Dubai
Posts: 151
fourthdan is on a distinguished road
Default

Quote:
Originally Posted by angelo View Post
How would you go about turning 300,000 into a million? I was thinking about investing 30,000-100,000 into a buisness that I wouldn't have to worry much about while i'm still in school to generate income? What are the good investment games out there? Thanks for any help.
Before you do anything, read "Rich Dad, Poor Dad" If you haven't already. Educate yourself on the tonnes of material out there on financial investment options. Yahoo, CNN, MSN all have financial versions of thier portals where you can learn from scratch all the way upto expert on investment options.

'Rich Dad' made a point that gave me a major paradigm shift - you don't have to start a business to end up rich / have a million. You are doing phenomenally on your way to that goal, and as long as you stick to what you're doing, and stay out of debt - you should reach it automatically.

Read Richard Bach's The automatic millionaire. 10% on your funds is decent, but keep it consistent. With your headstart you should be able to sleep your way to being a millionaire within 7 years. Just stay educated and consistent
__________________
My Blog on Life and PD : The Road of the Fourth Dan
fourthdan is offline   Reply With Quote