In 5 years time what are the possible way to have 1 million?

By Lana
January 12, 2013 7:22pm CST
Reading materials how to get simply become rich as per say, is placing some stocks and just leaving at least 3-5 years, do you have any other ideas for effortless yet best results and long term earning cash? just becoming aware about my spending's and my savings lately. Unfortunately I'm a great money saver but lately more on spending a lot of cash and my savings sooner will drop. Any had mind bubbling idea to share to reach the target?
2 people like this
8 responses
@Nursefrai06 (2498)
• Penrith, Australia
13 Jan 13
Well, if you really want to have lots and lots of money, I can share your secret. But with this secret, if you do this, well I don't think you can still have friends, I think if you do this, even the both of us, we won't be friends, I'm not going to like you no matter how good your personality is. So... The key to making loads and loads of money is not by making a product that people will want to buy. If you want to have loads of money, you don't make products, you make customers. You trick people into thinking hat they need somethingbut in reality, they don't. You can do this with little money as starting point. Just some stash you have since you said that you at least know how to save money. So there. If youAre successful in doing this, you might even get to be a trillionaire of dollars, like a trillion worth of dollars. That's how they do it.
1 person likes this
13 Jan 13
that will be hard, lots of money but no one else to share with. your right but by doing so, isn't cheating? ha ha am i thinking it right here?
1 person likes this
• Philippines
14 Jan 13
I like your idea, Nursefrai06. I am sure some people already had success with that. We are faced with that everyday and many don't realize it.
• Penrith, Australia
13 Jan 13
Well that's why you wont have any friends after. You can do it if you love money though. It's not cheating that way. EverythingIs fair in love and war, :D
1 person likes this
• Philippines
13 Jan 13
Your best bet is through investments. There are a lot of investment instruments out there. It may differ in different countries though. You should drop a visit to your banks or local financial institutions for more information. I am also trying to reach a goal of a certain amount of money by a certain age. The steps that I have undertaken yet is saving and investing. I am into stock market trading, mutual funds and other similar investments. I think that for more advanced investment, you can dwell into futures and commodity trading and foreign exchange. Another good way to earn fast in a certain span of time is through real estate and business. But of course, there will be effort put in for a business to work. Real estate takes some time off to increase value of properties. Of course, the fastest way to earn that 1 million is trying your luck into the promotions and game prizes. However, the chances are slim!
1 person likes this
• Philippines
13 Jan 13
So what's hindering you to do so? Just plain laziness to buy and sell? Well, yeah! There are a lot of intricacies going on before you can do stock trading. There some documents, appointments and the like to be considered. But hey, just look into the goal that you are wanting to achieve and focus on that. Then you will surely not be lazy if you keep thinking of earning in stocks. Sometimes, the mind is clouded by a lot of unnecessary things which keeps them from doing a lot of other things. If you really want to learn about stocks, then push yourself forward in doing so. But if you really are not interested, then laziness will really set in. Just my two cents.
1 person likes this
13 Jan 13
yes, ha ha got it that's what I'm thinking about all is a risk, is there an easy part less effort? ha ha I guess in my dreams ha ha, Loved to hear that your into stock market trading isn't easy? what i really what to learn about stocks but im too lousy to buy a stock then sell the stock and you don't get the money at once, am i right?
1 person likes this
• Philippines
14 Jan 13
Correct, AgentGulaman. Laziness can set in because we are conditioned these times to see quick results. If we don't see quick results, we get lazy. This generation is becoming more and more impatient.
@myl999 (2093)
• India
14 Jan 13
wow that is a nice thing to spend some time to think about the probabilities around us.But as said here I do not like the idea to cheat others to make money.But thinking about making huge money is right and if one does hard work to achieve this goal its perfectly alright.I think to achieve this you need to start with a little investment and double it quicker and to do this you need a little bit of expertise.But yes you ca do it.I am trying to make some good money so I can make money without worries investing that big amount in safe hands where I can not lose ever...but still waiting to achieve this still...
@myl999 (2093)
• India
15 Jan 13
Thanks for the wish..I am working hard to accumulate a good sum of money in five years of time so I can invest in safe zone for ever to earn a monthly income so i can enjoy the life without worrying for bills.I hope my plan works and I will be able to do it.
15 Jan 13
It got to my mind when I read a book about early retirement yet enjoying what life offers while there's continuous income coming. wishing for both of us to succeed for more money to come.haha
@suraj7nov (1736)
• India
16 Jan 13
i would advice systematic investing plan,which can bring you earn some amout,but without effort you cannot earn,thats sure
@suraj7nov (1736)
• India
17 Jan 13
good you have that in your mind
16 Jan 13
I had that in my mind ha ha, that's true ;)
@rotloi2 (321)
• Malaysia
14 Jan 13
one of the way to earn is earn people money. the refferal system is just great haha..this economic is everlasting. you earn but you always help people earn first
15 Jan 13
Right. I did try referral system and it earns better ha ha I love it
• United States
13 Jan 13
Are you planning on investing any money or are you looking for some job you can do online? The only way to make that much money "without working" that fast without doing any work would be investing.
1 person likes this
13 Jan 13
I'm planning to invest for business but I haven't think what business can be catchy today and at the same time working to reach my plan
1 person likes this
@KrauseHome (36448)
• United States
26 Jan 13
I am sure you are not the only one here thinking about this. I know many of us here have to deal with this one all the time. I even read about saving the amount of money that there is for the week it is, and you would have over $1000 in a yrs. time, but for me, it would have to be in an account I would not be able to touch for it to do me much good. But it would be interesting if there were real ways to do it.
• China
26 Jan 13
actually, to spend money rightly is a guarantee of to earn more money, if you have no enough expertise or experience or intelligence,its not an easy way to be up to the level of earning money you said above. So before you wanna earn much more money, just do not mean to invest yourself to get more money-earning skills and become wiser