8 steps to become millionnaire

Writer: charles calson

Step 1: start to invest right now. Do it!

Step 2: set a goal to approach.
Such as to have 11 million of house in 5 years.

Step 3: investment in stocks or fund of stocks. Do not pay attention to gold or antiques.

Step 4: don't put money on high risk targets. Just focus on blue chips instead of futures.

Step 5: investing month by month. Accumulate the principals gradually.

Step 6: invest and then hold on. Keep the investment stuck in the account as long as 5 to 10 years. Do not move in and move out frequently.

Step 7: understand the tax benefit of specific investment targets. Reduce the tax pay and do more investment.

Step 8: control the living spending. Don't pay too much on luxury products or wasting goods.

Note:
Many people follow the rule and become rich.
Others lose the money because of wrong investment portfolio.
Sometimes, I think it is the luck or fortune of anyone.