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A little info on me and a couple questions....

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Cherryl Hanson-Simpson
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Congratulations  Reply with quote  

It is good when someone can see the positiveness in what they thought wasn't good at the time. I wish you all the best in your studies. Now your $1M goal you can achieve it by diligently seeking good investment portfolios and also sticking to it. Sacrifices will have to be made and so I pray that you will stick to the task. Smile

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Post Tue Dec 15, 2009 8:06 pm
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jitendrajain
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Hello

Its very nice that you are very much concern about your future on the same you hv set your goals also but for that you need to devote your self what you can do the best and then you should proceed.

you can not expect the best until you cant give your best.

Thanks

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Post Wed Feb 03, 2010 5:44 am
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samurai
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Not to burst your bubble, but how many 45 year old millionaire teachers do you know? Now that you are at the crossroads, you may be better off choosing a trade that can realistically make you a millionaire.

But then again, a million dollars wouldn't really be worth that much in 25 years, anyway. You might be better off setting you sights higher.

It's good, though, that you're taking this road seriously so early in your life.

The best way to predict the future is to create it.
Post Sun Feb 14, 2010 3:16 am
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jitendrajain
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Hello !!

Firstly its realy very appriciative that you are very much concerned about your future and parents too.If your goal is to achive $1 million ti age of 45 then you should have the patince and dedication in you.

Smart and hard work will let you to get this target.

Thanks

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Post Tue Feb 16, 2010 4:52 am
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Creditnet_com
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Going out on a limb here, but have you considered entering a career where you are your own boss? It's great that you've been given several examples of how much you need to invest each year and what percentage return you'd need to reach your goal. But another option to consider is running/owning your own business:

A close friend of mine immigrated to this country in his early 20's, spoke zero English, and worked at Denny's flipping eggs and pancakes. He worked hard, earned a Ph.D in psychics and ended up working for a nuclear power plant, making quite good money. But when his managers refused to give him time off to care for his sick wife, my friend decided it was time to work for himself. At the time, this was in the late 70's, he was "too old" to go to medical school, so he chose chiropractics. After graduation, he opened clinic after clinic, finally ending up with 7 to his name. He chose to invest his money in his clinics rather than stocks/bonds/etc. and he was in full control of how much he made each year. He was easily a multi-millionaire by the time he was 45 because he chose to take control of his own career.

Owning your own business is not for everyone and it definitely isn't a sure-fire way to becoming a millionaire, but it is another way to invest your money.

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Last edited by Creditnet_com on Tue Jun 01, 2010 3:11 am; edited 1 time in total
Post Tue Feb 23, 2010 3:04 am
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samurai
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I STAND CORRECTED!!! As it turns out, educators ARE prodiguous accumulators of wealth! They don't make much money, but because they are frugal, they do get wealthy. It's in Thomas Stanley's new book, 'Stop Acting Rich and Start Living like a Real Millionaire'. Same guy who wrote 'Millionaire Next Door'

The best way to predict the future is to create it.
Post Sat Feb 27, 2010 2:40 am
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Melanie
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I must say you have a very positive way of seeing things, and you seem like a very ambitious person. Don't get stuck thinking you have to do certain things before you reach a special age, or earn so and so much money though. Goals are good to have, but don't stress about it. You are still young, you should just enjoy your life! Smile

My 3 credit cards almost ruined me Sad Thank god for my debt management plan!
Post Mon Mar 29, 2010 3:33 pm
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clarissa_vargas
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Nothing better than reading someone that is trying to make sense. Having clear goals and working on them is what will get you where you want to be.

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Post Mon Mar 29, 2010 9:21 pm
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