1
et rich quick by inventing something that people need. This can be a piece of information that they need, an invention that solves a problem they have or it can be something that gives them the image they want. Of course, "quick" is a relative term. If you want to get rich quick through an invention or book, this may take four years or more to happen. But in
the scheme of things, that is still a very fast timetable
2
Get rich slowly by investing in real estate. This often take decades of planning and watching for opportunities. Most people can achieve some wealth by living on a budget so that they can buy the nicest home they can afford and then trading upward as they build equity. This can lead to a great deal of wealth in the form of a paid-for home and/or land. They can then sell and buy a downsized home and have plenty of money left over
3
Invest in other real estate if you are able to afford to. Real estate goes through bubbles and slumps, but unless you buy real estate at the height of a bubble, it will continue to grow in value. Rental properties are one way to slowly grow wealth. Another is to buy properties that are near commercial zones and to have the properties rezoned. Commercial properties are always more expensive than residential ones
4
If you want to avoid real estate and still be rich, you will generally need to start your own company or get in on a new company before it goes public. The company doesn't have to be flashy- you don't have to get into high-end clothing or construction to get rich. Anything that fills a need, is profitable and has a steady customer base can make you rich over time. Some people use cheap land as sell-your-own car lots and get rich over time. Others start dog mess cleaning services and get rich that way. Crime scene clean-up companies are a recent innovation that has created a lot of wealth in the last few years. Just look around you- what do people need done? If you can do it or hire someone to do it, you too can be rich
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