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Trying to get rich young? Well, you're not alone. 50 Cent is just one of the many celebs who have tried their luck at investing in the stock market. Andi McCracken rapports that even though it's hard to be a millionaire by 25, any person with an entrepreneurial spirit can achieve success so long as they are willing to put in the necessary time and effort. Of course, first you should check out these top-notch sites that will teach you how to find trending stocks easily and best practice tips on becoming a millionaire before you start anything. We recommend visiting Wealthy Gorilla which has become one of the most popular websites for "finding your financial fortunes". How To Become A Millionaire .com is one site that has been on the market for a while and is considered a reliable source of information. You can search for really cool sites like this around the web, too. "I definitely do not regret my decision to start working in sports-related investments at age 24. I was very fortunate to receive professional advice from various people who work in the industry, but also learned a lot about personal finance by reading books and articles." - 50 Cent The best investment you can make is waiting for an investment to work its magic, especially when you're starting out. When you're young and inexperienced, your money isn't as solid as it will be later on in life. You may make some bad decisions, or invest in something that doesn't pan out. Young investors often make the mistake of putting too much money in stocks, or not having a safety net to fall back on when they lose money. The best thing you can do if you want to become a millionaire by 25 is to start off slow and work your way up. How To Become A Millionaire .com has tons of information about investing, and the site's forum section is filled with great ideas that you can use to your advantage today. Your first goal should be to personalize your investment portfolio. I recommend sticking to mutual funds until you have a better understanding of how everything works. Mutual funds are usually much less risky than individual stocks, and investing in several different types gives you the benefit of diversification. It's possible that one or two of your stocks will lose value, but if the others are doing well, then you'll come out ahead in the end. How To Become A Millionaire recommends avoiding any transaction that results in a large number displayed on your account statement - this is another good tip for young investors who aren't familiar with how it all works. Your goal is to make small purchases, and make sure that you put your investment in a place where it'll be safe. Keep in mind that the stock market is volatile, so no one knows for certain when the right time to invest is. "I have since invested in several restaurants under my corporation G-Unit Foods in which I have an executive chef, manager and two business partners who are also investors." - 50 Cent One of the most important things you should know when you're trying to become a millionaire by 25 is how to schedule your time accordingly. It's okay if you don't have a lot of free time on your hands because you do have the ability to make money while doing other things. cfa1e77820
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