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Author Topic: How too get rich  (Read 414924 times)
Luqman
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November 08, 2015, 01:19:40 AM
 #1041

Nice idea mate, I'm going to make time machine right now  Cool
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November 08, 2015, 02:56:57 AM
 #1042

Save up, buy a mortgage. Instead of spending money on beer and Mcdonalds spend it on paint and tools. Once the house is an acceptable standard start renting it out. Save up to buy another, rise and repeat.
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November 08, 2015, 03:03:51 AM
 #1043

Save up, buy a mortgage. Instead of spending money on beer and Mcdonalds spend it on paint and tools. Once the house is an acceptable standard start renting it out. Save up to buy another, rise and repeat.
But you need capital just like anything else to start a business venture.
How long do you think you would need to save up to get a mortgage so you can get a house?
Renting out requires you to be a landlord so that would mean to quit your day job if you have more than 2 houses to do repairs and collect the rent from tenants. A lot of work involved. Old houses always have problems and in need of repairs every year. Who can afford to buy a even a semi-new house now? $400k, no body has money like that just laying around anymore with the economical state the world is in now.

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RealBitcoin
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November 08, 2015, 03:10:44 AM
 #1044

Save up, buy a mortgage. Instead of spending money on beer and Mcdonalds spend it on paint and tools. Once the house is an acceptable standard start renting it out. Save up to buy another, rise and repeat.
But you need capital just like anything else to start a business venture.
How long do you think you would need to save up to get a mortgage so you can get a house?
Renting out requires you to be a landlord so that would mean to quit your day job if you have more than 2 houses to do repairs and collect the rent from tenants. A lot of work involved. Old houses always have problems and in need of repairs every year. Who can afford to buy a even a semi-new house now? $400k, no body has money like that just laying around anymore with the economical state the world is in now.

Probably, here you can buy about 20 apartments with that money.

Each month you get about 30-40 € rent from each, thats about 800€ monthly.

Of course it will be less after taxes and whatnot but it can be a decent earning. But who has 400,000€ lying around?

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November 08, 2015, 04:11:17 AM
 #1045


Probably, here you can buy about 20 apartments with that money.


Where do you live?  In America that will barely buy you a single house, and only half of one in an expensive area like San Francisco. 

Account is back under control of the real AmericanPegasus.
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November 08, 2015, 04:46:29 AM
 #1046


Probably, here you can buy about 20 apartments with that money.


Where do you live?  In America that will barely buy you a single house, and only half of one in an expensive area like San Francisco. 

Yes it actually depends on the place people live like in Singapore hardly one good house people can by with that money. But any way it is a good idea of renting out houses for continuous earnings every month but surely one need a huge investments on this idea to implement. Try to find a ways to increase your earnings to become rich.
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November 08, 2015, 11:42:36 AM
 #1047


Probably, here you can buy about 20 apartments with that money.


Where do you live?  In America that will barely buy you a single house, and only half of one in an expensive area like San Francisco. 
In many european countries you can find studios for 20-30k.
This might be a good start if you can speak the language and understand the law of the country.



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Rainbot
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November 08, 2015, 04:46:01 PM
 #1048

Just work hard!  be patient of all task!  Smiley

If you think enough to work, it is no different than monkeys, Monkeys also work every day to get food
you must use your brain too Grin


#racism
I think I know this proverb, Tongue
just work is not good enough,

worked hard + prayer = power
So it is not money=power anymore

faith+work hard=balance
I think is the best to describe how one should be now to get through any obstacles in life to get to your main goal. Whether that be economical, spiritual or peace of mind.
Notice how I didn't say  money    -   prayer -       power
Those are the opposites of what the essentials are to most.

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November 08, 2015, 05:00:35 PM
 #1049

The best way to get rich is to start an own business, to be unique in what you're doing, to be a true master of his job, doing well and conveniently.
For something like that, does not need a lot of investment, you just have to work hard and with a little luck you could become rich.
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November 20, 2015, 10:03:30 AM
Last edit: November 20, 2015, 10:30:54 AM by n2004al
 #1050

go back to the year of 2009 and buy 10000bitcoins for 25cents each  Grin
That's still quite expensive.

Back in 2008, just buy mining, in a day you could get 10k bitcoins, if my memory serves me right.

Why spend so much money when you can use an old motherboard you found in the trash?

you mean 2009? but only satoshi at the beginning knew about bitcoin, there was no real way to mine along side with him, at the launch

so it's better to say 2010, for initial mining, and i remember one guy was doing 1k every 3 day with cpu only in summer 2010

1 k every three days with cpu seems something "irrational" in our days. But where find this guy this possibility? here was some announcement for possible earnings in the future or something like that? Because no one have knowledge about cryptos at these times. And where found him the courage to act? So what make him to believe that the little program which produced bitcon using its cpu was not a virus or spyware or something that can damage its computer but it was him's golden future? Exist some story about this case? I am very curious to know that. If someone know something about it here post here please.
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November 20, 2015, 10:06:30 AM
 #1051

No need to make a time machine just work hard.

But rich means alot of things.

For me being rich is just being happy and thats it.
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November 20, 2015, 10:11:05 AM
 #1052

rich its not the aim now its the happiness of health and mind too the money will come but not in big porportions even if you have oportunities and intelegence and luck you might not get it iinto a way you get satifaction like we all know i can get no satifaction
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November 20, 2015, 10:13:03 AM
 #1053

Good luck with building a time machine

I believe that if you work hard enough it will pay off

Doesn't matter what you do, as long as money keeps coming in and you keep putting money aside, it will pile up eventually
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November 20, 2015, 10:30:48 AM
 #1054

When I was little I wanted to ne rich but know that I am older. I said to my self yes with money you can do alot of thinks.
Nut what if you had the money of the world but you are lonely. I would be very sad.
Yes I would like to be a Millionair, but only if I can share it with my family Cheesy
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November 20, 2015, 10:49:27 AM
 #1055

Let's say theoretically that you manage to do so; you should be aware that the this reality you traveled from wouldn't exist because you interfered with the past,
creating whole new timeline.
snip

Just like what hiro nakamura says, "too many butterflies"  Cheesy

Anyway you don't have to go back to the past, just learn from it. What do they always say, "history repeats itself". Learn from the past and focus on the future so you won't miss the next big thing again and miss out the opportunity to be rich.
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November 20, 2015, 10:53:02 AM
 #1056

Work smart instead of working hard, have a note of your expenditures so that one day you will know where you are spending too much.
Actually who is rich? One who has happy heart is rich. Be happy ,be rich!
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November 20, 2015, 10:53:23 AM
 #1057

Safe money, is my best advice

Don't spend everything you got, put a certain amount of money on the side on a monthly basis

You'll get there

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November 20, 2015, 11:10:55 AM
 #1058

Work smart instead of working hard, have a note of your expenditures so that one day you will know where you are spending too much.
Actually who is rich? One who has happy heart is rich. Be happy ,be rich!

One who has happy heart is rich, and your health is your wealth.
Be happy and be healthy guys.
How to get rich is nothing to do with BTC self, there are a lot nice investment and business idea around us. Choose one and do your best for it.  Smiley
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November 20, 2015, 11:14:34 AM
 #1059

How to get rich don't spend alot of money. That is how you get rich.
Or just work hard. But if you don't struggle about paidment I don't why you should what to be rich. If you are happy is just enought.
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November 20, 2015, 11:17:16 AM
Last edit: November 20, 2015, 02:47:36 PM by Amph
 #1060

How to get rich don't spend alot of money. That is how you get rich.
Or just work hard. But if you don't struggle about paidment I don't why you should what to be rich. If you are happy is just enought.

funny thing is that who is rich, spend a lot of money, because the more you have, the more prone you are to spend much more

so in reality those rich guys aren't that rich, still they are more wealthy than an average people though..
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