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  • How I became a millionaire in 10 years without winning the lottery or picking stocks

    From businessinsider.com

    Financial voyeurs of the world, rejoice! I dug out all our old tax returns, pay stubs, and my net worth spreadsheet to pull together the story of our ten year journey from nearly zero net worth to millionaire status (and early retirement). This post answers a lot of questions like: How much did we earn? Did we have six figure incomes all of our careers? Did we work for a start up and make a million when our employer went IPO? Did we get lucky picking stocks? Our story starts in 2004, a period in ancient times before the launch of YouTube. This is the year I graduated from law school and started what would be my job ... (full story)

good story bro, i will be the next billionaire trust me. i believe in natural laws '' the law of cause and effect'' i think that is what has work in your case.
10 year too much why not in 10 month
nice work by this dude, it took alot of courage to be buying in 2009 and hes not even a professional. Dont lose it all on the way down.
Twitter: @TrendersGame
Quoting Citiboy
nice work by this dude, it took alot of courage to be buying in 2009 and hes not even a professional. Dont lose it all on the way down.
"Professional" = Drip under Pressure.
Sometimes it pays not to know too much
The money is their savings. They could have bought Gold. Let's see. Gold was about 400 in 2004. By 2010, in 6 years, it was 1400 by 2010. 350% return or 250% in profit. Or 41% profit per year.

Their total investment was 469 K by 2010. Their total return was 662K by 2010. Return 147% or 47% profit in 6 years. Or 8 % per year.

Looking at it, their investment profit was maybe 200% better than bank interest.

Note: My calculation is very rough and not accurate.
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  • Posted: Nov 19, 2015 12:32am
  • Submitted by:
     Newsstand
    Category: Entertainment News
    Comments: 5  /  Views: 6,200