April 28, 2019

HOW TO MAKE YOUR FIRST EASIEST BILLION.Part 1

It may be hard to be a billionaire and the task of making billions for yourself,could be an expertise that can be mastered either by self discipline or by tutorship and both makes you thick.But i think,to improve your financial literacy should be the major responsibility of investors in general,that i think it shouldnt be a nightmare.We shall be compelled to follow a Henry Blodget's Law Of Compounding.It explores eleven steps and hereby follows its circadian rhythm: Step 1- Form a Bank:In this case,if you cannot given the complexity involved,can set up an asset management company that specialises in investment management;Step 2 - Employ some unemployed bankers or fund managers;Step 3 - Raise a billion dollar equity.(Note:we use rate obtainable during the meltdown); Step 4 - Then borrow from the Fed,at say less 0.25percent; Step 5- Buy $10billion of 30year treasuries at the prevailing rates; Step 6- Sit back and watch the cashflow in; Step 7- Assuming we use rates of 4% on your $10billion or $400million

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