moeny attracts money...

India
February 13, 2007 5:11pm CST
i listen from a old man that money is attracts money.. can anyone knows that how could it works...
1 response
@AKRao24 (20665)
• India
13 Feb 07
Yes! It is true. In the sense it is very hard to genearte sufficient money by simply hard working or by doing routine jobs. You can meet your both ends and you can save a partof it for a rainy day. But you can not make fortune by doing so. If on the other hand if you have a sufficient quantity of sulrplus amount then with that either you can start your own business or you can invest that amount in some sensible scheme or you can simply give that money for lending to get interest.For doing all you require is basic amount of money. If you want atostart a business you can avail loans from banks but then to get such loans you must have initial seed meney with you.Thus your seed money is attracting the whole investment for a good business from which you are going to earn tomorrow! Thus it is your money which multiplies ibn many folds, which implies that it is attracting more money!