Invest $50 - Your First Step To A Million Dollars

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Author: Martin Thomas

If I was to ask you, what is the quickest way to make a million dollars, what would be your answer? I have heard responses ranging from the viable to the outlandish to just plain silly. But that doesn't matter, what matters is that you make the decision to do something about it. The road to a million dollar bank account may not be as hard as you think.

Don't rely on that old "cop out" if it was that easy, then everyone would be doing it. That is not true. It reminds me of that old flea training trick. The flea trainer puts the fleas in a jar with a lid on it. The fleas can jump sky scrapers if we compared their size to a human. The flea trainer trains the fleas to jump only the height of the jar by sealing a lid on it. This ceiling teaches the fleas not to jump so high and only after a few hours, these fleas can be left in the jar with the lid off and they will never jump higher then the lid level.

This analogy is what is really happening when people fall back on such notions as "if it were that easy, then everyone would be doing it" You are taking your cue from the others and not jumping higher than the lid level. The truth is making a million dollars is easy because of the extreme lack of competition.

Let me answer that question I initially posed to you. The answer is investment. Compounding capital is the quickest way to make a million dollars. Have you ever played with a calculator and inspected the compounding math model? Compounding is amazing. Interest upon interest can make you rich very very quickly.

It is just a matter of the speed of return on your investment. If you wanted to invest $50 and called it your opening balance seed capital. You could compound that initial $50 bucks into a massive fortune as long as you could for example discover ways to increase that $50 by 10% in a week. That is huge, but its only $5 in real terms. Can you figure out a way to increase your $50 to $55 in a week? If you can, you have just taken your first compounding step!

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