How to make money if there is a million?

So, you have already earned / received as a gift or by inheritance / won a million rubles. And, of course, any person seeking to increase their savings will ponder the following question: how to earn more, if there is a million? In the article I will tell you about several effective ways to increase capital.

How to make money if you have a million rubles: start-up capital

If you don’t get your million thanks to a big win and not as an inheritance from rich relatives, but as a result of hard work, then most likely you will figure out what to do with it. Nevertheless, making this amount the starting capital of a business, you should be aware of the pitfalls that await every start-up entrepreneur. And the most important thing here is this: you have to clearly understand the return and profitability of the business being created. To do this, you should conduct an initial marketing study of the market segment where you plan to work.And it's always good to have a backup option (and even better - not one), so that in which case you can adjust the direction of activity.

Rule one: fallback

What is meant here? For example, you worked as a realtor, saved up a million and want to open a real estate agency, but according to the research it will not bring the expected profit ... Many in this case do not pay attention to it and still continue to persistently build this particular business: because they they know because, as they think, they can do nothing more. To think so is a big mistake. It is necessary to try something new. Why not open an online store with a specific focus or advertising agency, if monitoring the market in this direction shows that this business has better prospects than your own?

Rule Two: Airbag

Everything is simple here: never invest all your money. There must be a reserve, and it is desirable that it be at least 50% of the invested amount (in our case it will be 500 thousand rubles). The fact is that, however optimistic the forecast,You should always take into account unforeseen circumstances (for example, financial crises), as a result of which those who did not take care of the reserve fund often lost almost everything.

If, nevertheless, you want to spend everything without a balance - invest at least in two businesses as an investor: so the risk of losing everything will be reduced to almost zero. However, obtaining high incomes from business in this case can also be delayed, because managing two firms is much more difficult, and it’s not a fact that both businesses will be equally profitable. That is why experts advise half of the capital to invest in a business, and the other half to invest in something else - and we will tell about this in the next chapters.

Investing in real estate

This is one of the most profitable activities, but the difficulty lies in the fact that you need to be able to predict the possible increase in property prices in a particular city or district. Skillfully conducted speculations (note that this word has long lost its negative character) in the real estate market can increase capital many times - but only if you are willing to devote a lot of time to analysis.You can also buy real estate and rent it out - in this case, the income will not be so tangible, but stable, which will not only keep you afloat, but also save a certain amount for business investments or other investments. This, for example, the purchase of new real estate or speculation in the stock and / or foreign exchange market.

Stock and currency markets

This way of earning attracts many by the fact that here you can receive ultrahigh incomes as soon as possible. However, only a few succeed. And the reasons for their success and failure most, in fact, are quite simple. I will bring them to you here so that you can avoid the mistakes that more than 90% of beginners (and not only) traders make in the future.

  • The right choice of broker. Note that this should be a broker, not a dealing center. That is, we are talking about the company that is under the wing of a reputable bank, and even better if access to the currency or stock markets will be provided by the bank itself. I will not deal with advertising, but there are such banks in Russia, and you can easily find them yourself through search engines - there would be a desire.Here I will add that it is better to trade independently, and not through an employee of a brokerage firm, if you expect to receive really good money.
  • Reasonable risks. No solid trader will open a transaction in which more than 5% of his capital is involved (and in most cases, this is 1-3%). It's simple: you can ideally calculate the movement of currencies or stocks, but in this particular case, something can happen that will direct the course in the opposite direction. Yes, in about 90% of cases, with the correct (!) Calculation, the rate will go in the right direction, but just imagine that you got into your trade in the remaining 10% and invested all or even half of the capital. And, for example, the next time another half - and again a bobble. Everything: there is no million. And with proper risk management, in the worst case, you will lose only 10% of your capital, which, of course, is also unpleasant, but not at all disastrous.
  • The desire to constantly improve and search. Many of those who lose money in an exchange game perceive it as a game. Meanwhile, this is fundamentally wrong. The fact is that financial speculation is a real job, and one of the most exciting activities. If you think otherwise, leave this occupation.On some news and business TV reports you won't get far. Here you have to make a huge amount of work (or, at least, a substantial one), by yourself dealing with various technical analysis systems: various indicators and their combinations. As one successful trader says, Joe DiNapoli: “Prepare yourself for hard work, if it’s too hot for you, get out of the kitchen!” It is clear that you cannot do without serious sustained interest and do not succeed, so draw conclusions!