Smart ways to make big money.

How can you be rich quickly?
Of course, don't go to rob the banks, nor steal the jewellers. Should you then go to the stock market, Superlottery, or even the casinos?--Any other ways,...

How to make big money
Here are 11 strategies — but you’ll also need quite a bit of luck on your side

By A. Gary Shilling

updated 11:01 a.m. PT, Thurs., March. 29, 2007

An unprecedented number of Americans have received unprecedented incomes and accumulated unprecedented net worth in recent years. Sure, the gains are tempered by the reality that while the top tier is gaining, the income shares of the rest are falling. Many Americans have seen no purchasing power gains in decades, and they've only recently advanced because of the big fall in energy prices.

But lack of income didn't deter spending. In aggregate terms, spending has risen a half percentage point per year faster than after-tax incomes for 25 years, pushing the saving rate from 12 percent in the early 1980s to -1 percent today. Many financed their excess spending growth by tapping stock appreciation during the long 1982 to 2000 rally and, more recently, their house appreciation.While Washington politicians and even Fed Chairman Ben Bernanke wring their hands over income polarization, we’re more interested in how the rich get rich. There are many strategies. A number are far from new, but have been pursued much more vigorously and with much more spectacular results in an era when extraordinary liquidity is readily available due to low volatility and low perceived risks. We've identified 11 different strategies that have stood the test of time.

Before examining each, however, we must point out that luck is often paramount, regardless of how sound or flawed the game plan. Being in the right place at the right time has made fortunes for idiots. Think of the dot-com speculator who only sold out in late 1999 because he was buying a McMansion for his new wife, and that house then doubled in value over the next five years.

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