How a Good and Strong Source of Income and Proper Investments Make You Super Rich
Getting super rich is not too hard. It only needs following the right track and being at the right place right time. You don’t even have to have a lot of money to start. Fortunately, there are some good and strong ways that don’t need spending a lot of time and money. It has become possible to become super rich through these ways because of the Internet. Getting rich and super rich was a lot harder in the past when there was no Internet and computer available to the ordinary people like you and me.
Yesterday, I published an article that shows the road-map toward getting rich and then richer: The Easiest Way to Get Rich Fast
I say “getting rich and then richer” because people always say, “the rich get richer.” 🙂
Yes, you can become rich and get richer.
The fact is, those who become rich and then super rich, have started from where you are now. Many of them have been even a lot lower, because they didn’t have the opportunities that you do.
It is really possible to become rich and then richer and super rich. It is possible because there are so many who have already done it, and also so many who are doing it.
As you can read in my yesterday’s article, you have to have two things to get rich. First, a good and strong source of income that makes a lot of money consistently. Second, good and strong investment opportunities that enable you to use a portion of the money you make through your source of income, to make more money.
In this article, I am going to explain in more details about the combination of a good and strong source of income and good and strong investment opportunities that make you rich.
1. A Good and Strong Source of Income
That is the first and most important thing you need, to start following the route toward getting rich. Without a good and strong source of income, you can’t get anywhere. This is so true that “the rich get richer.” So, in order to get rich, first you have to make a lot of money. That is why you need at least one good and strong source of income that makes a lot of money for you.
To establish a good and strong source of income, you have to start your own business. You can’t make a lot of money by working for the others and through 9-5 jobs. You have to have a business that makes a lot of money for you. It is not only that. Your business has to be scalable, so that it makes more and more money every month and year.
Is It Possible to Start Such a Business?
Yes, it is but it is not that easy. Indeed, businesses have a very low success rate and over 90% of them can’t even survive for 2-3 years. The reason is that they are started by the entrepreneurs that majority of them know nothing about starting a business and promoting it. They don’t have a proper, well-developed and proven business plan. Therefore, they fail.
The solution is in following the strong and well-developed business plans that are proven and have been working and getting better for so many years. You can start your business based on these business plans as a franchisee. For example, you can start a McDonald’s outlet. It will have a higher success rate. But it also has two important problems:
First, it is too expensive to start. You have to be able to afford an initial investment of between $1,003,000 and $2,228,000 to run a McDonald’s outlet. And on top of that, a $500,000 liquid cash and a $45,000 initial franchise fee are required. Additionally, there is an ongoing royalty fee of 4% and an ad royalty fee of 4%+.
Second, it is too hard and time consuming to manage and maintain such a business. It is a 24 hours a day 7 days a week work. So, even if you can afford to start such a business, you will have a hard time to maintain and manage it. It makes money and will give you money freedom, but it doesn’t give you time and location freedom.
To learn more, you can read this article: Following a Proven Business Plan Is the Success Key
Also, those of you who are currency or stock traders, have to note that currency and stock trading can’t be known as the only source of income to make a fortune or even make a living with. To become a consistently profitable currency or stock trader, first you have to be financially free, otherwise you will lose more than what you make. Therefore, currency or stock trading can’t be known as the good and strong source of income which is the first step of getting super rich. Learn why: Trading Strategies Don’t Work If You Don’t Choose the Right Living Strategy
What Is the Solution?
The solution is in starting a business that not only follows a strong and proven business plan, but it is a lot cheaper and more affordable to start. Above all, it is also scalable, so that it makes more money month after month and year after year. Additionally, it work 99% on autopilot, so that you won’t have to spend a lot of time to maintain and manage it. It literally gives you money, time and location freedom.
Thanks to the power of the Internet and computer, it is possible to start such a business that works based on the Data Technology systems.
You can start your Data Technology training course for a $49 refundable one time fee now: Start Your DT Million-Dollar Business Now
2. Good and Strong Investment Opportunities
The second step toward getting super rich, is investing a portion of your money in good and strong investment opportunities that have the lowest possible risk and the highest possible return.
Your own source of income which is established based on the data technology systems, is one of these good investment opportunities, because it is scalable, so that the more money you invest in it, the more you can expand it and the more profit you will make.
Additionally, you can invest in currency, stock and real estate markets, not to put all your eggs in one basket.
This is what the super rich do too: (1) They have at least one good and strong source of income that consistently makes a lot of money for them. (2) They invest a portion of the money they make (a) to expand their own business/es, and, (b) to make more money in the profitable markets like currency, stock and real estate.
This is how one can get rich, and then richer, and then super rich 🙂
Here, you can read the story of such an investment that is done by one of my friends and based on my technical advice: Monthly Time Frame Is the King
A Forming Investment Opportunity on the Currency Market
As many of our website visitors and followers are traders, now I am going to explain a forming investment opportunity on the currency market.
US Dollar’s value has been going down against many of the other currencies like Swiss Franc (CHF), almost since 2001. According to the technical analysis evidences, and also economic fundamentals, it is strongly possible that USD value turns around and goes up strongly and forms a strong uptrend. If so, it will be a strong investment opportunity to buy and hold USD against the currencies like CHF.
How Can We Know That It Has Started to Form an Uptrend?
We know this according to the signals that form on the USD/CHF price chart.
As you can see on the below chart, USD/CHF has already formed half of a Cup and Handle Pattern on the monthly chart. It seems it is getting ready to form the other half. If it breaks above the 1.0327 resistance level, it means bulls (buyers) have taken the market’s control and want to take the price up. This is a good signal indicating the formation of the Cup’s second half. Those who want to invest in this market, have to wait for the 1.0327 resistance level’s breakout:
If the above trade setup and investment opportunity forms, it will be so profitable. This was just an example that shows you how the rich invest their money in the markets like the currency market, to increase their wealth and get richer and super rich.
This strategy works and is safe and easy to follow. Now, if you are ready to get super rich, start with establishing a good and strong source of income which is the first step: Start Your DT Million-Dollar Business Now