How To Make Your First $1 Million

AAA

The Millionaire's Mindset

When your grandparents lamented that a dollar just isn't a dollar anymore, they weren't just bellyaching. Inflation attacks the value of a dollar, reducing it as time goes by so you need more dollars as time goes on. That is one of the reasons that $1 million is often thrown around as a retirement goal. Back in 1900, a $1 million retirement would include a mansion and a bevy of servants, but now, it has become a benchmark for the average retirement portfolio. The upside is that it is easier to become a millionaire now than at any time before. While you won't be buying islands, it is still a goal worth shooting for. Read on for 10 ways to make your first million.
Related Articles
  1. Investing News

    Building a Case for the Bulls: 3 Opinions

    These three big names are bullish on the economy. Are there good times ahead?
  2. Mutual Funds & ETFs

    Mutual Fund Fact Sheets: What You Need to Know

    Novice or experienced investors should read mutual fund sheets. Fees and explanations will be discussed providing valuable information to the investor.
  3. Investing News

    Feeling Bearish? If So, You're in Good Company

    These investing practitioners and pundits earned notoriety for their accuracy; they're sending a dire warning about the global economy.
  4. Investing News

    The 5 Biggest Asset Managers at the End of 2015 (BLK)

    Learn about the worldwide asset managers that prospered in 2015 despite a year of very poor performance in stocks, bonds and commodities.
  5. Stock Analysis

    How BlackRock Became a Mammoth Asset Manager

    The rise and continued growth of BlackRock, the world's largest investment firm.
  6. Financial Advisor Technology

    5 Robo-Advisor Predictions for 2016

    One of the fastest-growing sectors within the financial services industry, robo-advising will see many changes this year. Here's what we're likely to see.
  7. Retirement

    Understanding Credit Card Interest

    Paying these rates can impact your disposable income and your investment returns.
  8. Investing News

    By George: Investing The Soros Way

    Soros turned an original seed funding of $12 million into $20 billion by the first decade of the 21st century. Can regular folks invest like George Soros?
  9. Personal Finance

    Investing the George Soros Way

    Investing like Soros requires guts and confidence. Investors can learn much from his patience, discipline and research methods.
  10. Personal Wealth & Private Banking

    5 Best iPhone Finance Apps for 2016

    Discover the best and latest iPhone apps available in the personal finance category for 2016, offering everything from basic budgeting to investing.
Hot Definitions
  1. Discouraged Worker

    A person who is eligible for employment and is able to work, but is currently unemployed and has not attempted to find employment ...
  2. Ponzimonium

    After Bernard Madoff's $65 billion Ponzi scheme was revealed, many new (smaller-scale) Ponzi schemers became exposed. Ponzimonium ...
  3. Quarterly Earnings Report

    A quarterly filing made by public companies to report their performance. Included in earnings reports are items such as net ...
  4. Dark Pool Liquidity

    The trading volume created by institutional orders that are unavailable to the public. The bulk of dark pool liquidity is ...
  5. Godfather Offer

    An irrefutable takeover offer made to a target company by an acquiring company. Typically, the acquisition price's premium ...
Trading Center