what?
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depends on what level of commitment you're willing to have, and how good you are at investing.
if we assume that you make 50k/year, max out your 401k, get a 3% match, and max out an ira, you'd be putting away $22k total. let's also assume a reasonable return of 10.5% (the historical average for the S&P 500).
at this rate, it would take you about 17.5 years to reach $1,000,000.
now, if we change some of those assumptions, and say that you're talented at picking individual stocks, and can manage a 20% return, while investing half of what you had the same out of pocket expense of $20,500. here, it would take you a little more than 13 years.
it all depends on the variable inputs, really. |
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Tara
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,, hmm ,, gosh - that depends on many things .. wages, investments, expenses, etc.
Just keep your eye on the ball - trust only your opinion (win or lose) .. and go for the best. You will win some. You will lose some - but you will learn from the loss.
I still think talking to really smart, successful, people could help you learn a direction. |
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B.
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Cool! I will use money to buy Money again. I will pay for someone who create software which outstanding program and can resale it again and again, with out spending more money.
hee,hee |
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crystal_martinez61
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i would invest in the stock market...you can't make a million by just working hard, you have to think outside the box sometimes. |
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sanmarie
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With a very lucrative idea...it could even be a week!!! |
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serenity_209
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You should invest in the lotto!! & wish really hard!!
If you find out let me know!! LOL
Good luck!! |
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Dimitri
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invest watch cnbcbecome trader a million is a joke a 100 million is right around the corner |
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¸.•*♥P!cαŘα §☼Ňαd☼Řα♥*•.D®eαMe®
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1 year save start today save one penny tomorrow save 2 pennies the 3rd day save 4 pennies on the 5th day save 8 pennies on the 6th day save 16 pennies and keep going until you reach one year tell me how much money you have saved. |
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Scott K
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A long time. |
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