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Author Topic: Whats the best legitmate way you know of making money?  (Read 1077 times)
General_A (OP)
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January 04, 2015, 08:11:04 PM
 #1

I know its hard to get rich, but what ways do you know that work to increase cash flow?

(oYo)
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January 04, 2015, 09:14:38 PM
 #2

That depends on what you consider legitimate. If you just mean legal, then I'd have to go with owning a bank as being one of the top contenders. Being a creditor would come in just under that.

Possum577
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January 04, 2015, 09:22:53 PM
 #3

To WORK!

But specifically, start thinking about what you can do with your time that will make you money. If you start thinking about time as your most valuable resources (and that this hour can never ben gotten back) you'll start to focus your effort and time on activities that will get you to your goal, which in this case is making money.

Good luck to you.

PolarPoint
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January 04, 2015, 09:28:11 PM
 #4

The most legitimate way to earn money is to get a job, save up and invest in some stocks. If you are adventurous, start a business and start reading books on running a business.
Parazyd
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January 04, 2015, 09:29:39 PM
 #5

Run a casino.
KingOfSports
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January 04, 2015, 09:42:29 PM
 #6

Not gambling, I'll tell you that one from experience.

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(oYo)
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January 04, 2015, 09:44:20 PM
 #7

To WORK!

But specifically, start thinking about what you can do with your time that will make you money. If you start thinking about time as your most valuable resources (and that this hour can never ben gotten back) you'll start to focus your effort and time on activities that will get you to your goal, which in this case is making money.

Good luck to you.

Working for wages is one of the worst ways to make money. Unfortunately, (unless they already have tons of money) this is what most people do.

The most legitimate way to earn money is to get a job, save up and invest in some stocks. If you are adventurous, start a business and start reading books on running a business.

Having people work for you is better than working for someone else, but it takes business sense, ambition and a fair bit of luck to succeed at running a business. It also helps if you're a ruthless (dishonest) bastard. If you are decent and honest you may as well put the "Going out of business" sign up right off the bat. I know this from experience.

picolo
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January 04, 2015, 10:02:36 PM
 #8

I know its hard to get rich, but what ways do you know that work to increase cash flow?

Building a business, paying off debts that have high interest rates, get a second job, apply for tax cuts, ask your children to get a small job to pay for their entertainment expenses.
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January 04, 2015, 10:28:00 PM
 #9

Get a job you like.  Smiley
sickhouse
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January 04, 2015, 10:49:42 PM
 #10

Working is the easiest way, not the best. The best is propably selling weapons to both sides of a war or similar to this (eating your cake and having it too;) ).

Turn off the news and read. Watch Psywar, learn something important about our society and PR, why and how it got started and how it brainwashes you.
kenbytes
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January 05, 2015, 12:38:38 AM
 #11

create your own business Wink

picolo
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January 05, 2015, 10:22:47 PM
 #12

create your own business Wink

Yes and decrease your expenses, especially the wasteful ones.
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January 05, 2015, 11:42:55 PM
 #13

be a banker and print your own money.  Wink

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b!z
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January 05, 2015, 11:50:23 PM
 #14

be a banker and print your own money.  Wink

If only life was that easy.

If it were that simple to make money, then every banker in the world would simply just print his or her own money. There would be no need left for them to work. It would cause massive inflation if they printed money non stop 24/7.

It is still fun to imagine though.
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January 06, 2015, 12:33:21 AM
 #15

be a banker and print your own money.  Wink

If only life was that easy.

If it were that simple to make money, then every banker in the world would simply just print his or her own money. There would be no need left for them to work. It would cause massive inflation if they printed money non stop 24/7.

It is still fun to imagine though.

Satoshi managed it Wink
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January 06, 2015, 01:00:05 AM
 #16

be a banker and print your own money.  Wink

If only life was that easy.

If it were that simple to make money, then every banker in the world would simply just print his or her own money. There would be no need left for them to work. It would cause massive inflation if they printed money non stop 24/7.

It is still fun to imagine though.

Satoshi managed it Wink
Then the best career advice of 2015 is: become Satoshi v2.  Cheesy

"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
😼 Bitcoin Core (onion)
(oYo)
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January 06, 2015, 04:20:34 AM
Last edit: January 06, 2015, 07:31:20 AM by (oYo)
 #17

be a banker and print your own money.  Wink

If only life was that easy.

If it were that simple to make money, then every banker in the world would simply just print his or her own money. There would be no need left for them to work. It would cause massive inflation if they printed money non stop 24/7.

It is still fun to imagine though.

Are you kidding? That is what they do. Sure it's not as direct as print >> pocket, but it's not that far off. If you own a business you don't pocket the money your business takes in straight away. It goes through the books first. Owning a bank is no different in this respect.


<edit> In less than 2 mins. the following video shows how fractional reserve banking works.
Fractional Reserve 101 - Foster Gamble

As explained in the following article, banks can lend out up to 50 times more than what they have in reserve.
http://realcurrencies.wordpress.com/2012/09/06/full-reserve-banking-revisited/
Quote
The banking system as a whole does create 10 times as much  and up to 50 times as much when they are allowed to lend out 98 cents on the dollar.

twister
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January 06, 2015, 07:50:25 AM
 #18

Just find a work for wages and if you save enough money you can start your own business. This is what I am doing, I have a plan for a business but don't have funds for it right now but soon I will and then I'll start.

 

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HeroCat
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January 06, 2015, 08:44:40 AM
 #19

In Forex market you can make money, if you know how to do that  Grin
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January 06, 2015, 10:12:55 AM
 #20

I know its hard to get rich, but what ways do you know that work to increase cash flow?

Make a currency and get everyone to use it. Tongue TMed idea by ndnhc
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