Where to make big money, Usually Hustling, Occasionally Social


In a bind? Need some fast cash? Some are easier than others, but nearly all require very little to no capital. They are meant to get you through the difficult times.

Pick rich parents who die young or have a wealthy uncle with no other heirs. For most, however, inheritance is not the route to riches. Parents are living longer and incurring more medical expenses before they die. Housing bubble-era mortgage loans were especially attractive to subprime borrowers with little demonstrable income or assets, and lenders were only too happy to accommodate them.

Hedge funds employ tremendous borrowing, which is needed to achieve the superior returns needed to justify high fees for investors.

Step 1: Materials

Private equity funds also use heavy borrowing, typically loading the corporations they take private and clean up with heavy debt and using the proceeds to pay dividends to their investors.

A recent subset of financial leverage is financial engineering. This involves deliberate measures to produce big profits and high income through asset purchases, taking advantage of price leaps to sell more stock, multiple layers of companies, careful tax planning, etc.

where to make big money

A Ponzi scheme? Think Valeant and SunEdison.

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Nonfinancial leverage. Think of entertainment in general and movies in particular and the big squabble over pirating CDs and DVDs that involves originators who want to receive all the fruits of their labors. Professional and college athletics rely on leverage, with multi-million-dollar contracts often tied to huge television and endorsement revenues.

First Things First Before I dive into the 5 ways I make money online I want to talk to you about the most important aspect of making money online no matter what route you decide to take: building an audience. If you can build an audience online then you have an easy road to making money.

Inventors can leverage their products through widespread distribution, but in many cases are better off waiting to build the second or third version of the better mousetrap. Technology and related investments make this clear.

1. Money-making strategy: Drive for Uber or Lyft

Think back to the dot com boom in the late s and Socks the Puppet. Fortunes can be made by taking small slices of very big pies, especially if those ultimately granting where to make big money slices are making big money.

where to make big money

Cartels and oligarchies are great ways to make big money—as long as they last. Utilities used to be treated as natural monopolies and made good, steady returns allowed by regulators. But their status is challenged by merchant electricity generators and solar system owners pumping their juice back into the grid.

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An age-old route to riches is to promote hopes and dreams, regardless of how far they may be from reality. Government regulation has curtailed the wild health claims for snake oil medicines, but opportunities still abound for sizzle providers of instant wealth schemes and get-rich-quick books.

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Catering to addictions and vanity has always been a big money-maker. Smoking is on the decline, but those still hooked on tobacco will pay almost anything to satisfy their nicotine habits. The same is true for drinkers of caffeinated beverages.

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Appealing to vanity is another lucrative business. Think of all the money spent on face creams, hair coloring, botox injections, body-slimming gyms—and all the gorgeous clothes to fit on those magnificent bodies. Supplying goods and services to a risky but potentially very profitable venture is a time-honored way to clean up. Few gold miners in the California gold rush got rich, but those selling them picks and shovels—and Levi pants—did.

I was able to keep my current phone and phone number.

Fast forward to today, and the legions of stockbrokers, investment advisors and mutual fund advisors that prosper as suppliers to those who hope to make gigantic profits.

Small pieces of big pies get bigger and easier to obtain when the buyer of the pie wants it badly and considers the service where to make big money question essential to get the deal done.

CEOs are often quite free with corporate money to pay consultants who may help save their companies.

where to make big money

Despite what Bernie says, you can make substantial money honestly!