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Ask Dave

Making a Million

Dave says that the trick to making a cool million is how much you put into it and not trying to get rick quick.

QUESTION: Tom asks what the fastest way is to make money through investments.

ANSWER: You can make a million in five years, it just depends on how much you start with. The trick is how much you put into it. It has a lot to do with your earning power, too. The best way to get rick quick is to get rich slow, according to all the millionaires I’ve ever talked to. Having a million dollars is a valid, good goal. Having it too quickly is a good way to set yourself up for the fall.