Internet advice: Get rich quick!

May 28, 2014 ☼ finance

If you sell a 99-cent app to just 1% of the people who bought new iOS devices in the 2012 holiday quarter alone, you’ll clear about $519,750. Not a bad quarter.” — Marco Arment

Simply stated (and assuming a decent job), 20% savings smartly invested at a 10% interest rate will get you to $10 million dollars.” - Ching Ho

Avoid the high-fee managers associated with pension funds or other institutions. Put 10% of the cash in short-term government bonds and 90% in a very low-cost S&P 500 index fund” for long-term results. - Warren Buffet