Earning Plenty of Money without Even Trying Hard

Hey, have you heard about the secret millionaire, an old woman in Lake Forest, Illinois? Well here is my next post and is certainly related with her story.


At times, you may ask how you are going to live like a king being a millionaire and when that would be possible. Of course, you will likely answer “start your own businesses”. Nowadays, this seems to be the only way wherein you will be able to earn money without really trying at all and without working so hard. After working in the corporate world since I graduated from college, having a business is the most valid reason and the most logical thing to do for leaving the workforce.


Possible reasons are:


• You want to take it easy
• You want to enjoy the fruits of your labor
• You may be tired already.


In having your own business, you will earn your own money and you have definite control of your own time. If you work hard, you will definitely be successful as an entrepreneur and you will earn much more than those full time employees in the corporate world. Rewards are much fulfilling in the long run.


The way to earn income without working hard is through making an investment. You will save money, place it in a product of investment and then interest will be earned on its own over a period of time. Here are some financial products to select from:


• Bonds. There is a risk involved in bond investments. In this setup, you actually lend your money to different corporations that are raising more capital. You will in turn get income with regular interest over the corporate bond period that is issued to you. To avoid much risks, prudence needs to be practiced and also in selecting which bonds to invest. Try to check the bond issuers whether they are companies of good reputation with good business track record with regards to their service and product, whether they have solid financial record and their standing in the industry are of good credit. This will determine whether the investment is the right one for you. The so-called rate of return tends to be higher than what is offered by the government securities and bank deposits.


• Gathered money funds. You may like to enter fund pooling investments from other small investors like you. These may be the mutual funds operated by other mutual fund companies or the unit investment trust funds (UITF) that are bank-managed. You are not required to monitor the daily markets if you invest in these funds. The share price of the mutual fund or UITF varies depending on the net asset value (NAV) per share or per unit on a particular day. There are also funds that are involved in bond investment or bond funds, the equity funds, money market funds or even the balanced funds or combination of all of these funds. I personally invested in the mutual funds, and so far the returns are satisfying.


These are some of the possible investments wherein you can earn money without working too much. You just have to earn via investments. You should first save your money and then make an investment to be able to achieve results. Meet your financial adviser to be able to check which investments are right for you.