How to Become a Millionaire by Investing | An Expert Guide

For many people, regardless of age, having more than enough money to spend on what they want is one of the main goals in life. If you are not part of the lucky group or have received a good family heirloom, you know that just saving money is not enough to get extra resources. It would be best to move it, making it work for you through investments that generate income. For younger people, valuing the various options from an early age to apply part of their income is an efficient way to generate wealth in the long run. Thus, below is a highlight of some ways on how to become a millionaire by investing.

Furthermore, when you have capital, you may often wonder how to invest it best to obtain maximum profitability. The options are numerous, and the advice we can often hear contradictory. So, in what do you invest in making money and becoming a millionaire?

Here are some profitable investments that will allow you to grow your assets and become a millionaire.

How to Become a Millionaire by Investing

How to Become a Millionaire by Investing

Place your money in a term account

When we ask ourselves what to invest in to make money, we often think of banking products. Usually, the classic passbooks offer a return too low to hope to become rich seriously. Thus, term accounts are an option to secure your savings while making it work. These are accounts funded by a single payment, which you can open at any bank.

Once you pay the money into the term account, it is blocked. This is usually for a period corresponding to the term of the account. It is specified in the account opening contract. Once the period has expired, you get your capital back, plus the expected interest. An excellent solution is to invest the money you plan to inject into a medium-term project.

Open a super passbook.

If the classic bank passbooks are not an exciting lead when you wonder what to invest in to become a millionaire, there is an exception to this rule: super passbooks. These are products at a much higher rate than the industry average offered by the new players in finance. (online banks).

But beware, this exceptional profitability is often accompanied by counterparts. Necessary minimum deposit, time constraints, and other similar clauses also apply before you can withdraw your capital. In addition, the famous inflated rate is only valid for a short period, the first six months, for example. A good solution for temporary placement, therefore, but which you must supplement by other measures.

Take out a life insurance contract.

Life insurance contracts are a relatively safe and profitable financial product. These are specific insurance contracts on which it is possible to invest money on an ad hoc or regular basis.

The longer the capital remains blocked, the more attractive the interest rate and taxation. The minimum retention period for life insurance is eight years. Below, the operation is not profitable.

There are several types of life insurance. Euro contracts are the most secure but inevitably the least profitable. So-called multi-sport or unit-linked products offer better performance in return for the risk of seeing part of your capital fly away in the event of a fall in the markets.

Focus on socially responsible investments

Ethics is not the first virtue that comes with financial products. They are often accused of promoting an artificial economy to the detriment of the real economy. However, there are responsible financial products that combine profitability and ethics.

Awareness of the need for a fairer and more ecological society has given rise to several investment funds specializing in companies with virtuous social policies. Here, they are also part of a sustainable development approach.

Furthermore, their profitability does not have much to envy traditional investment funds, the satisfaction of having made a responsible choice.

Buy shares on the stock market.

The Stock Exchange is a great way to invest money and become a millionaire. If you are wondering what to invest in to make money and get rich, this is a serious lead. Investing in the right stocks can earn you a tidy sum of money. The flip side is that it is also a risky investment.

If the markets panic or a new financial crisis looms, your capital may melt like snow in the sun. Before entering this market, it is essential to train yourself or to seek advice from an expert. Avoid riskier practices like day trading, which often result in more losses than gains.

Invest in bonds

Bonds are securities issued by companies that wish to obtain cash by borrowing in the markets. When you buy bonds, you are therefore lending money to the company that issued them. In exchange for this, you qualify to get the payment of annual interest. Bonds have a maturity at the end of which you get your capital back.

Even though bonds are no longer fashionable investments, they are still an exciting avenue to follow. However, it is essential to carefully choose the company to entrust some of your money and diversify your investments.

Buy shares in real estate placement companies.

Real estate is an investment industry that supports the building of fortunes for centuries. If you want to be a millionaire, investing in it is almost a must. Real Estate Placement Companies offer the possibility of doing this without the hassle of buying and managing.

They are the ones responsible for acquiring real estate, renting it, and maintaining it. Each year, they pay a share of the rent to the members in proportion to their investment. Do your research before choosing yours. 

Invest in rental property

The best way to make a real estate investment is to buy one, then several, properties to have tangible assets. To optimize the profitability of the operation, use the leverage effect provided by bank credit. To choose your future property, you must carefully study the rental market in your target area.

Take the time to cost your project, taking all costs into account, to present your banker with a solid case. This is the type of investment that is good to make as soon as possible to benefit from additional income before your retirement and to be able to enjoy life still.

Invest in car rental for individuals

Are you wondering what to invest in without needing too much-starting capital? Then the rental of cars to individuals may be an exciting avenue for you. Owning your car is getting more expensive, and parking is a concern in many metropolitan areas.

These are two reasons why a growing number of drivers are turning to rentals. Buying used cars for hire via dedicated websites is an exciting investment avenue. Provided, of course, that you know to buy quality vehicles in good condition.

Lend money to businesses

We have already tackled the issue of corporate lending via the purchase of bonds. However, there is another way to make your capital grow: lend part of it to local companies. They can be businesses in the process of being created or SMEs needing cash for a specific project.

An investment that is not without risks since the possibility that your debtor is unable to repay you exists. Before embarking on the adventure, it is necessary to study the project to judge its viability carefully.

Invest in a start-up

Another avenue for those wondering what to invest in is start-ups. These new companies, carrying innovative concepts and solutions for the future, often seek financial partners willing to invest the funds necessary for their development.

In exchange, investors enter the capital of the company. If it takes off, the business can turn out to be juicy. But the risk is significant. If you choose this investment, it is best not to invest all of your savings.

Frequently Asked Questions

Can you become a millionaire by investing?

Yes. You can become a millionaire by investing through the options highlighted above.

How much do I need to invest in stocks to become a millionaire?

To become a millionaire, you need to invest at least $235 with every paycheck for 40 years.

How much do I need to invest to be a millionaire in 10 years?

To be a millionaire in 10 years, you need to invest at least $4,900. You have to do this monthly and with at least 10% returns. With returns averaging at least 10% over the past 90 years, stocks should dominate your portfolio. On the other hand, the two investors here are both 34 years old. And according to Derek, they’re already worth over $900,000. 

How much money do I need to invest in making $3000 a month?

To make $3000 a month, you would need to invest at least $109,000. neither hand, if you could save a minimum of 30% of your salary, you’ll have saved more than $30,000 every year. If you make at least $200,000 a year and have $150,000 in after-tax income, saving 50% will put at least $100,000 in your savings account.

If you could save a minimum of $50,000 each year and reinvest it at 7%, you’ll reach the million-dollar mark in 13 years. “Up to the match amount, you’ll obtain at least a 100% profit, plus any extra compounding gains over time.

For instance, if your company matches at a minimum of 5% of your earnings, conserving 5% yourself results in a 10% savings. That’s a 100 percent profit upfront, plus interest charges “”Forward!”

How much do I need to invest in making $500 a month?

To make $3000 a month, you would need to invest at least $120,000.


In conclusion, many people want to know how to become a millionaire by investing. It’s impossible for becoming one in a solitary day. Even many that save regularly keep it to a manageable amount of their earnings, such as 10%. You’ll have to go for bigger percentages: 60%, or perhaps more. Also, with a reasonable investment plan such as those highlighted above, you can become a millionaire.