get rich and happy? Have rich experience of Americans are summarized, some do not have some experience.
1, money begets money law: in 1967, North Carolina’s Ralph brothers decided to sell shares to raise funds to open a grocery store. They contacted 100 acquaintances who bought their own shares at a price of $10 per share for $100. More than 30 years later, the original grocery store has become a chain of more than 1 thousand food king of the big company. Its stock price of $109 per share, when the investor has become a millionaire in the top 78.
2, to 1960, Han asked and Georgina came to the United States from Cuba, penniless. They worked as a reporter after graduating from college in 1966. Their strategy is to get rich save every penny, as bank savings is compounded, so the couple monthly to the bank. Their life is very frugal, discounted merchandise they often buy things, often cut from a newspaper. Coupons to buy cheap things, to bring lunch. A few years later, they save most of their income. It was not until 1987 that they took out $1250 to invest in mutual funds, and became millionaires in 8 years.
3, do not build debt: today, credit card companies has a wide range of incentives to attract new customers. Banks and vigorously promote housing mortgages, the general face of such temptations, it is easy to hold their own, the price is that you owe the debt, to pay interest on the debt. 70% of American millionaires have no debt, and they know that every $1 in interest can be used to invest less than $1. Therefore, they buy houses they are affordable and still more than sufficient financial resources.
4, : their own business: the probability of becoming a millionaire when their boss, 4 times greater than the probability of working class. The working-class income depends on the employer is willing to give up their own business if brightest people can realize the ambition.
5, a long wait to long-term wealth, we must have enough courage, refuse the temptation of short-term interests, hold the core assets. Microsoft’s Bill Gates? To many years won the global rich list, is due to that he was able to resist the temptation, do not give up a majority stake in Microsoft. Any investor is not rich when he is on the road to riches. It takes a long time to wait, reasonable arrangements for the funds in their hands, choose the direction of investment, so anyone can become rich.
6, leisurely: investment is not necessarily the truth to make money, but the rich have to make their way through the low tide of investment. Experts found that most of the rich are playing cards. Most of them have a regular life and work, marriage is stable and happy. Aspiring to become a rich person, may wish to line their attitude towards life.
7, a thick skin is recommended