Samsonn
04-25

[A guide to making 1 million dollars] [Allin]  [USD]  

Firstly, making your first 1 million dollars is a very significant achievement that often involves a combination of persistent hard work, determination, and strategic financial planning, and that is if, you worked hard for each and every penny yourself. 

So, work or invest? [Doubt]   [Miser]  

Instead of work or invest, why not work AND invest? Working at a job generates income, and investing requires money. Hence, aren't they somewhat corelated? Working and investing simultaneously can be a very effective strategy for building wealth over time.

Firstly, you can plan out your budget and set financial goals. Determine how much you want to save, and invest from your monthly income. Next, you can create a budget that allocates towards your short-term needs and long-term investment goals, which includes investments. Invest regularly every monthly/quarterly by dollar-cost averaging into equities like stocks, mutual funds, ETFs, based on your financial goals and research. Repeat these steps and you'll find yourself edging ever closer to your one million goal! 

By working and investing and managing your finances efficiently and effectively, you can build up your wealth steadily over time. Consistency and discipline are a must to achieving your goals! Good luck and all the best to all investors out there! 

Thank you for taking your time to read my article! [Grin]  


@TigerEvents  @koolgal  @MillionaireTiger  @LMSunshine  

Modified in.04-25
How to Make 1 Million: Work or Investing?
This is the most concerned topic for most of us when we don’t have 1 mln.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • KSR
    04-29
    KSR
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