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4 of the quickest ways to get rich, and why they're bogus
4 of the quickest ways to get rich and why they're bogus
Get-rich-quick schemes are all-too tantalizing prospects a lot of the time. From the Vegas strip to treasure hunting on the beach, thousands of people indulge in games of chance and wild ploys to make a some quick cash. The problem is, none of these efforts are reliable and only the tiniest portion have ever found any true success.
Here are 4 popular examples and 4 reasons why you should quit while you're ahead.
1. Win the lotto
The lottery ticket industry thrives on the very fact that buying a scratch off or a number combination is an inherently bad decision. In fact, it's so bad that they make a killing giving away millions of dollars to one individual from time to time. To put it into perspective, NBC News reported that - with odds at 175,223,510 to 1 to win the Powerball lottery - the average American has better chances of becoming the President of the United States, a movie star or getting drafted for the NBA out of high school.
2. Find treasure in the basement
TV shows like "Storage Wars" and "Pawn Stars" have turned searching for valuables among junk from a fleeting desire for a few into a thriving passion for thousands, and it's not always unsuccessful. ABC News reported that a southern family facing foreclosure on their house combed the basement for valuables and stumbled on an issue of Action Comics No. 1 - the first comic to ever contain Superman. Valued at over $250,000, foreclosure no longer worried them. Don't get your hopes up, though - in the first six months of ABC's report, 1.6 million other properties were foreclosed upon in the U.S.
3. Unearth gold on the beach
Due to the climbing value of gold, CNN reported that the number of people heading to the beach with metal detectors soared back in 2011, and some veterans made a few lucky finds.
"Miami is an ideal place to come up with a Rolex watch or a good diamond ring or something like that," Tim Higginbotham, a serial "detectorist," told the news source. "You can find a lot of stuff down there on South Beach."
What the stories don't talk about is how rare truly valuable finds are and how time-consuming the process is. Higginbotham may have dug up a few relics, but he's been indulging in the hobby for over 25 years. Moreover, the veteran searchers are more likely to make the big finds than newcomers with a fresh hobby.
4. Marry rich
Do you want to sacrifice lifelong love with someone with personality for monetary gain? Then follow Bloomberg Businessweek's suggestion to marry rich. Featured as one of the source's "easiest ways to get rich," Bloomberg put the spotlight on Melania Knauss, a Slovenian model who married Donald Trump in 2005 - thereby coming into his $2 billion net worth.
Aside from the necessary shockingly good looks and incredible celebrity status, you may not need a get rich quick scheme if you're already renowned model. Moreover, a prenuptial agreement might quash your aspirations to just make money in the deal.
When you're looking for a reliable way to make money, focus on profitable and steady work - preferably with relaxing guidelines. Paid surveys may be your best bet.
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