2006-06-12 05:58:37 · 11 answers · asked by Ema 2 in Business & Finance ➔ Investing
Safely is a relative term! You would also have to decide if you want to invest in one deal or diversify which would further limit your risk. You don't indicate what your skill level might be or if you want a passive investment! (no work with all of the return)
I am a firm believer in real estate. If you are looking for "safety." Either in options or actually buying and flipping property. Again do you invest the $50K in one large project with potentially larger return or do you put $10K down in five different smaller projects or $5K in 10 projects. If you put $50K in an apartment complex, due the necessary rehab over a year or less, you should be able to realize at least $100K. Don't forget to account for your holding cost (insurance, mortgages, interest, etc.) You don't want to lose your shirt by holding the property too long!
If you don't want to do rehab. Build a Spec house somewhere in a hot area (california, florida, etc). Find a nice lot, either hire a general contractor or act as your own. In a well chosen neigbhorhood, keep your cost down but use the best products, you will clear $100K when it sells. You should be able to build at least one house in a year. Again, you have to account for the holding cost and figure that in to your selling price.
When I am not doing real estate, I purchase machinery (forklifts, woodworking, trucks) at auctions up north where there is an overabundance of repo stuff and resell them locally. You have to have a knowledge of what sells but that has been lucrative for me. I usually make a 200-300% ROI on those deals when they come along. I subcribe to numerous auctions websites and wait for them to come along.
2006-06-12 06:27:02 · answer #1 · answered by Sam B 4 · 1⤊ 0⤋
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2016-12-24 09:46:59 · answer #2 · answered by Anonymous · 0⤊ 0⤋
There are no safe investments where you can double your money in a year. If you really need to double it, you need to take on some risk. For example, you can go to Vegas, go up to a roulette table & put it all on Black. You will have a 47% chance of doubling it in just a few seconds.
You can only expect a 5-6% return on a completely safe investment.
2006-06-12 08:30:59 · answer #3 · answered by Ranto 7 · 0⤊ 0⤋
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2014-09-29 20:15:25 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Go to Las Vegas and play Roulette. Put all $50,000 on Black or Red and wait for the spin. If you hit, you double your money. If you miss, you will be broke just like me.
Play all $50,000 on a single number and you can increase your money by 35-1, or $1,750,000. Go for it.
2006-06-12 06:16:15 · answer #5 · answered by buffoon 4 · 0⤊ 0⤋
there is no SAFE way to get that high a return (100%) in one year. If someone tells you they have a way to do it, they are probably scam artists or self-deluded.
all investments have some risk.
The higher the likely payoff, the higher the likely risk.
2006-06-12 06:03:19 · answer #6 · answered by nickipettis 7 · 0⤊ 0⤋
you cannot safely double your money in one year. Investing is a balance of risk vs. reward. To achieve 100% return in one year, your risk will be very high.
2006-06-12 06:53:25 · answer #7 · answered by spineminus2 3 · 0⤊ 0⤋
u can multiply it even three times but thats too much a risk for the taking. my advice think logically shed some greedinesss...... or may be increase your investment period to get you better returns..... n please do not be fooled by anyone who says he can double your money for sure... its your money ... its better to earn less than to loose the principal amount... think smart n think logicallll ... ALL DA BEST...
2006-06-12 06:12:05 · answer #8 · answered by Kabir 2 · 0⤊ 0⤋
Put it in a high intrest cd, at the bank, and let it build up intrest for a few years.
2006-06-12 06:01:46 · answer #9 · answered by farside76 5 · 0⤊ 0⤋
Hello,
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you have to give a look here http://www.goobypls.com/r/rd.asp?gid=294
Hope it helps.
2014-08-14 23:26:39 · answer #10 · answered by Anonymous · 0⤊ 0⤋