business article No.23
One Minute Millionaire Situations That Generate Wealth Quickly
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While it may sound too good to be true, there are several ways in which an individual can become a one minute millionaire (that is make one million dollars in one minute) including the acquisition of a large business or company, selling stock market shares for a huge profit, real estate transactions that net a large profit, or through currency or commodity trading. There are millionaires made everyday throughout the United States (an average of one every three hours). While they do not necessarily become wealthy overnight, the above instances do create large sums of profit in minutes once the process has been started. The acquisition of a large business or company is probably the most common form of creating vast sums of personal wealth. This can be done simply by buying out the company which means that an individual offers a lump sum of money for the ownership of the entity. A profit can be made here when the offered price is much lower than the expected profit margins of the stated company. A person might be willing to sell for a lower price because future potential profit margins are hard to estimate. An individual can also acquire a company through a hostile takeover. This occurs when a company is publicly traded on the stock market. An individual buys enough shares of the stated company to become the primary share holder. He or she is then primary owner of the business or company. Another way to become a one minute millionaire is to sell off a lot of personally owned stock. When an individual buys stock in a business, they are allowing to the company to use their money in order to better the profitability of that said business. In exchange, the stock holder owns a percentage of the business. The cost of an individual share can be as little as one dollar or as expensive as one hundred and fifty dollars depending on the viability of the business in question and can fluctuate wildly over time. Some individual's stock portfolios can be worth millions with hundreds of stocks owned through several business and companies. By selling sections of the portfolio that trended upwards in value, an individual can create huge sums of cash in minutes. Many millionaires these days are created through large scale real estate transactions. Like the future profitability of businesses, the potential value of real
estate is hard to predict or calculate. Therefore, one investor might think that a property is worth nothing when, in actuality, due to some outside confluence of circumstances, it is actually worth a considerable amount. It is these instances that successful real estate investors look for to create vast personal wealth. Currency and commodity trading are both very similar to trading on the stock market and can create large profit margins for the smart trader. Currency trading is buying and selling foreign currencies for profit. Like the value of stock, currencies fluctuate in value in relation to each other. It is therefore possible to make a profit by guessing whether a particular currency is going to trend up or down and reacting accordingly. Commodity trading is very similar only commodities such as god, silver, and oil are speculated on. While it takes time to become a successful and wealthy individual, the above situations can create huge sums of cash in a short period of time.
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