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We know how the richest people in the world became millionaires, but my jumpshot sucks and my parents were broke. How do regular people become millionaires and how long does it take? I’ll show you ten ways to get rich, how to get started and how long it takes to make a million dollars. Then I’ll reveal why you cannot invest your way to becoming a millionaire and what it really takes.
Check out these links for some of the millionaire strategies in the video:
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✔️ Don't miss these 7 Monthly Dividend Stocks that will Pay Your Rent, yield 9.7% on Your Money! https://youtu.be/Rr4A51xoOZ0
✔️ Want my step-by-step to self-publishing and making money every month? https://youtu.be/ieDTaSUP9SY
✔️ Blogging started it all and still makes money each month, here's how to get started! https://youtu.be/m2Xb71JC7xg
Sometimes TV shows make it seem so easy to get rich that we forget how difficult it really is and how long it can take. I guess that’s why so many people buy lottery tickets on the hope of becoming a millionaire with the drop of a ball. The reality is, it would take a VERY LONG time to get rich playing the lottery, like impossibly long.
So what are some legit ways to get rich and how long does it take to become a millionaire? I’ll start with some millionaire investing ideas because I feel like those are the easiest to start and don’t require a lot of time. The problems with these are that you need money to make money and while they don’t take much time to manage, they take longer to get rich.
The three million-dollar business ideas I’ll share will make you rich as quickly as possible and they don’t require a down payment or investment. They will take work though…yeah, it’s a trade-off. I’ve used each of these strategies to get rich, with one generating a six-figure income within four years.
For each of the ways to get rich, I’ll explain how it works and some tips on how to get started. I’ll show you the average annual return to estimate how long it takes to become a millionaire using each and we’ll count down to the fastest ways to make money.
Download a free printable copy of my Millionaire Motivational poster! Stop waiting for ‘Tomorrow’ or next year to become a millionaire! See the get rich strategies and ages of the world’s richest! https://drive.google.com/drive/folders/188uXFFg1HOQceB5e2l0FMPaX-wos9Jlq?usp=sharing
0:00 How Long Does it Take to Get Rich?
1:15 Can You Get Rich Playing the Lottery?
3:01 A High-Yield Interest Strategy to Make Money
4:35 How to Become a Millionaire with Real Estate
6:20 How to Get Rich with Dividend Investing
7:34 Can Penny Stocks Make You Rich?
9:33 How Long Does it Take to Get Rich Investing in Growth Stocks?
10:48 How Long to Become a Millionaire with Cryptocurrency?
12:15 Why You Cannot Invest Your Way to Becoming a Millionaire
12:52 Can Blogging Make You Rich? It did Me!
14:28 How to Become a Millionaire on Youtube
15:55 How Long Does it Take to Get Rich Self-Publishing?
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Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through debt payoff strategies, investing and ways to save more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps.