This segment was broadcast on 11 February 2016. Some information may be out of date.

Why it’s not easy to get rich quick

How you might get rich quick without putting in heaps of time and taking high risk

  • Not via scams (discussed last year)
  • The other ideas need luck
  • What would happen if someone found a low-risk easy way to get rich quick?
  • 3 ways you could try to get rich quick
  1. High-risk shares
  2. Start a new business
  3. Highly geared investments
  • What do they all involve?

No paywalls or ads — just generous people like you. All Kiwis deserve accurate, unbiased financial guidance. So let’s keep it free. Can you help? Every bit makes a difference.

Mary Holm is a freelance journalist, a director of Financial Services Complaints Ltd (FSCL), a seminar presenter and a bestselling author on personal finance. From 2011 to 2019 she was a founding director of the Financial Markets Authority. Her opinions are personal, and do not reflect the position of any organisation in which she holds office. Mary’s advice is of a general nature, and she is not responsible for any loss that any reader may suffer from following it.