Who wants to be millionaire?

Who wants to be a millionaire? Of course everyone wants. But, what are the ways of making yourself rich?

Some people are lucky enough that they are born in a rich family and hence inherited wealth from their previous generation. Some may not be that lucky, but is hardworking enough to work hard and save more money and build their wealth through investment. If you falls in the category of being a not very hardworking person, or coming from a rich family; the easiest way is to marry a rich person. Of course, you must be a lucky babe!

There are ways of building your wealth. Engaged in business is one of the way but it might not suit everyone. The safest type is the low risk fix deposit that takes ages to build your wealth. Moving into a higher level, you can find mutual funds or stocks investment or another way accummulate wealth is through properties investment. To start off with properties, you'd require a higher capital compared to other investments. If your risk apetite is good enough and happy to enjoy volatile market movement, think about derivatives such as index trading, FOREX or commodities. These are get rich quick ways of building your wealth; but bear in mind, high risk high return, it is not impossible that you will lose what you make as well.

When comes to high risk investment, first need to think about your own risk apetite and what kind of products suit you. If you are a risk adverse person, it doesn't mean FOREX or index or commodities trading doesn't suit you, just that you need to find a very comfortable level to enter the market, plan your exit level in terms of cut loss or profit taking points.

These are the things I've been telling my clients since I'm in the market. Saying is easy, but when comes to action, it will be a different story. To become a millionaire, it comes with hard work and disclipine. Sleep earlier and dream big tonight!