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How to make millionaires

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posted on Dec, 2 2011 @ 08:17 AM
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So, you want to be a millionaire? You want to be secure and be able to provide for your family? Well, then here is a novel idea to do it. Set up a non-profit foundation. Start accepting donations with the purpose of donating proceeds to assist people in getting to that level.

What is the top priority for becoming wealthy? Having no debt. Secondly, you must have a means for creating your own income. So the question becomes how to do it? If a foundation was established to pay off mortgages, then the most important step would be done. You hear and read about the 1% who are for redistributing the wealth, well then here is their chance to do it. The organization would use the donated funds to do what the 1% currently do, and that is to play the market. Once you can produce substantial gains, those profits can then be donated back to responsible citizens, enabling them to keep more of what they earn. A donation of $250k per household that qualifies would be the best thing that could happen, and it would work. This gives them the funds to pay off their mortgage, and have some left to either invest, or start a business. It isn't rocket science. If these 1% are honest and sincere about helping, then their expertise in assisting these recipients in growing their wealth would do far more good than donating to OWS or any other protest movement.

It's time for the 1% to either put up or shut up.




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