They say in life there are no sure things, and that is certainly true – nowhere will you find a guarantee of wealth. That hasn’t stopped people, however, from chasing get rich quick schemes, ranging anywhere from the absurd, to the illegal, to the absurdly illegal.
But amid all of these ill-advised get rich quick schemes, there are actually a few methods that might work, methods that have paid off handsomely for people and that don’t require any illegal activity on your part (bonus!). This article will look at four above board ways of filling your pockets quickly and effortlessly!
Playing The Lottery
Don’t forget about the good old lottery, one of the world’s first get rich quick ideas. And now, playing big lotteries is simpler than ever, as you can easily buy Powerball tickets online and enter to win the minimum advertised jackpot of $40 million. Even if you don’t hit the jackpot, you can squirrel away smaller prizes, investing them in stocks or bonds, giving yourself a nice nest egg for the future.
In order to make the most out of your Powerball ticket, read up on a few different methods for choosing your numbers, like tracking “hot and cold” numbers and researching common number combinations. You never know – the little bit of research could pay off with a lifetime of wealth!
YouTube Content Creation
The internet is chock-full of young millionaires, and it’s all because of YouTube’s monetization model, which allows you to make a certain amount of ad revenue money on any video you post. That means if your content is compelling enough, you stand to make a lot of money.
Start by carving out an underserved niche, and then approach your videos with enough production value and uniqueness to grab viewers’ attention. Before you know it, you could be walking the red carpet at the YouTube awards, with a bank account full of new money.
It was all anyone could talk about on the nightly news for a while: cryptocurrencies, like Bitcoin, Litecoin and Ethereum. Unlike the other entries on this list, cryptocurrencies have the potential to lose you a significant amount of money, so delve into them carefully, researching as you go.
Time Magazine’s article about the safest cryptocurrencies for investment may be a good place to start, although the format moves so fast that even this article’s information might be out-dated by the time you get around to investing.
Real Estate Hunting
Huffington Post ran a great article about making money on real estate: essentially, it’s all about buying low, when the market is cool, and selling high. Seems pretty intuitive, right? Of course, this get rich quick scheme usually requires that you have an existing cache of money for the down payment, but you can always borrow from the bank or rope in an investment partner.
Look at up-and-coming areas around you, where the rent/prices have not yet risen, and invest there. You could stand to make a lot of cash.
Get rich quick schemes may not be for everyone, nor are they any guarantee of wealth, but they could potentially change your life. Win the lottery, make a mint off YouTube or cryptocurrencies, or get into the real estate market at the right time – these are four get rich quick schemes that might actually work!