How can an ordinary person make 100 million? Well, if there are fool-proof steps to accomplish this and it can be made public on the Internet, then it must be fake, because everyone has done it, so where does the money come from?

Let's be more realistic and talk about how ordinary people can earn 10 million. Just this number, it is still possible for ordinary people to reach it if they try hard.

Note that I am talking about ordinary people, so we cannot assume that this person has any particularly amazing skills or is particularly smart, and must be one of the thousands of people. Then the conclusion is that this person must not be able to get this number from work, because even if you earn a million a year, you can't rely on work to increase your net worth to more than 10 million in this lifetime, because your work will decline, change, and your expenses will increase. You will not have a net worth of 10 million by saving about 400,000 a year - and this prerequisite of earning a million a year is no longer something that "ordinary people" can achieve through ordinary efforts.

So we have made the premise clear: ordinary people will have no chance by relying on work.

Why did some people look down on "10 million" on the Internet in the past few years? Because in recent years, there is a shortcut, which is to buy a house in a first-tier city. That is, add leverage to the house, and then if the house increases by 1 yuan, the net assets will increase by 3 yuan. If the house increases by 5 times, the net assets will increase by 15 times. Doesn't it seem easier to get 10 million in this way?

Nowadays, even in first-tier cities, the proportion of houses worth over 10 million yuan will not exceed 5%, and the actual transaction ratio may be even lower. On this basis, many people have to take out huge mortgage loans and share their property with their spouses. Therefore, there are very few people in China whose actual personal net assets can exceed 10 million yuan.

The reason why it seemed like a lot before was because of the asset bubble.
What does it mean? If the liquidity of something is poor and the transaction ratio is low, it seems that the holders can increase their wealth by a huge amount because of this thing, but in fact it is all fake. I can give a coin to everyone in the country and say that as long as no one sells it, it will be fine. I can trade one coin with myself, 10 million per coin, so does that mean everyone in the country will have more than 10 million?

This is self-deception - the "tens of millions of assets" caused by real estate in those years were all self-deception. That is, no one sold, and many people seemed to have tens of millions of assets, but what if everyone wanted to cash in their assets? Once the market was trampled, the assets were halved, and once the market was trampled again, the assets were halved again, and the assets became insolvent. Those who sold at the beginning really cashed in their assets, and whose money did they make? The money of those who sold late.

The real number of people in China with a net worth of tens of millions is always consistent with the overall wealth of China as a country. If it seems to be much higher than the actual number, it means that everyone must be holding some kind of huge bubble, but it has not burst yet. You can find out what this thing is by looking for the common characteristics of those people with a net worth of tens of millions.

Just like in 2017, around 2021, what kind of people are the most popular in Singapore immigration applications? People in the cryptocurrency industry, who don't even blink when the threshold of tens of millions is reached, what does that mean? Can the cryptocurrency industry support so many millionaires who have become millionaires from losers who know nothing at all? No, it's just that the bubble assets have not been realized. In the end, whose money did those who realized make? Those who didn't realize, it's that simple.

Back to our topic, how do ordinary people make 10 million? It must be through asset appreciation.

The asset bubble in this world is always cyclical. It is determined by people's hearts and the market, and it is unchangeable. It is impossible for anyone to eliminate the asset bubble. Therefore, the path for ordinary people to achieve a net worth of 10 million must be to buy certain assets during the undervaluation period, and then get out of the bubble in advance. For those with a slightly larger principal, such as 7 figures, it may be achieved in one cycle; for those with a small principal, such as only 5 figures, it is necessary to master some methodologies and grasp a few cycles to achieve it.

So the question is, if everyone does this, who will get out of the water? Who can buy good things and leave earlier than others? So it must be impossible for there to be a simple rule that everyone can just follow. This is just like making 100 million yuan, which is logically impossible.

But I can still give you a few principles:
1. Find assets that are unlikely to fail. Don’t envy those who can get a hundred times or a thousand times. First of all, those who can get a hundred times must have small funds. It is impossible for a person to get a hundred times from a heavily invested asset. At most, it will be a few times, 10 times or more. It must be gone. I said. Secondly, the probability of death of things that are expected to be a hundred times or a thousand times is much greater than that of a hundred times or a thousand times. Therefore, those who get it must have paved the way with countless zeros, and in the end, they may not make much money.

2. Find the most elastic asset among the assets that are unlikely to die. What is the most elastic? Gold has very little elasticity. If you want to get rich, buying gold is a disaster because it can't rise much. We need to buy those things that will not die but will rise and fall sharply - understand? First of all, it will not die, and then it will rise and fall sharply, because in the rise and fall, you are qualified to master the buying and selling points. You can say that you may not have mastered it well enough and finally failed to run at the high point, but it cannot be an asset that does not rise and fall sharply - one has the hope of success, and the other does not even have the opportunity.

3. Super heavy positions in things with a clear bubble cycle. You are an ordinary person who doesn't have much money. It's a foolish dream to achieve 10 million through "financial management". The pursuit of "reasonable" asset returns is for people with average desires. If you have great desires, don't go this route. At worst, you will be trapped. Since there is a clear cycle, why not wait a few years?

4. When everyone around you says it is not good, continue to buy slowly. It is best if there is a buying threshold for this thing, which is even better. The reason why the asset is undervalued is that everyone says it is not good, otherwise how can it be undervalued? But not everything that everyone says is not good is good, you have to understand it better than them.

5. If you don’t know when to sell, then set a reasonable goal for yourself and sell when you reach it. For example, if you have a total of 100,000 yuan, set a goal of 500,000/1 million yuan for yourself, and sell when you reach it, leaving a small amount of assets as a base warehouse, and lock up the rest after cashing it out. You must lock it up and cannot use it, and you cannot use it to improve your quality of life, because that is after you reach a net worth of 10 million yuan.