Get smart
People do not become billionaires by accident. Demystify as many of the
variables as you can before you assemble a plan, such as interest rates,
tax brackets, dividends and so on. Take a class online or at a
university on finance, read books about investing and know the rules.
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Start saving
It takes money to make money, as the saying goes. Take a certain amount
of money out of your paycheck as soon as you get paid and put it in a
savings account, to be used for future investments or to simply collect
interest.
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Make a five-year plan
Calculate a conservative estimate of how much money you could manage to
save over 5 years. Depending on the amount, decide what the best use of
your money should be, whether it's investing, starting a business or
simply allowing the money to continue to collect interest
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Source:
http://www.blogger.com/blogger.g?blogID=2225680499375579314#editor/target=post;postID=7103337421530737047

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