The Profit Prophet

Here's how...and it is NOT what you think. As of 2009, the IRS did a study on how the 400 highest income earners made their money (if you want to go to the source, you can review it here: 400 Individual Tax Returns Reporting the Largest Adjusted Gross Incomes , an annual report issued by the IRS).  To give you the Reader's Digest version, in 2009 $77.4 million got you in the club; but the average earnings were $202.4 million, a lot of money but well down from the $334.8 million average in 2007.  In interesting thing is WHERE they made their money: Wages and salaries:  8.6% Interest: 6.6% Dividends: 13% Partnerships and corporations:  19.9% Capital gains: 45.8% Yep, almost 50% was made in capital gains...investing in theirs or others companies. Diving deeper there can be seen obvious conclusions: Working for a salary won't make you rich. Neither will making only safe "income" investments. Neither will investing only in large companies. Own...