If you had $100,000 how would you turn it into $1,000,000?

Question

This is just a question please do not ask me for money. I know there are some real bright people out there and im just courious to here what they have to say.

Answer 1

if your money return 12%, it should happen in 6 years
If your money return 24%,it should happen in 3 years
if your money return 10%, it should happen in 7years and couple months
If you understand Rule of 72 of money investing.You should achieved in short period of time

Answer 2

Well, keep 10% in your Bank account for your expenses ( I think it would be enough for u). Invest about 70% in real estate where you think the price will go very High. Do not invest in stocks and shares. Better gamble than investing in stock market. Gambling will give you instant results!!!
With the remaining 20% start a business which can earn you daily money (Ultimately you are not even spending the 10% which you decided earlier to spend on yourself.) Remember, if you agree to this formula, you will be very much safe after certain period of time. Good luck.

Answer 3

If you want something guaranteed, then put in into an index fund based on the S&P 500. Assuming a 8% per year return, you should have $1,000,000 in about 30 years.

Answer 4

Id put about 1/4 of that into stock for the high yeild bit of the investment. however, Im very conservative when it comes to investments, so the rest would go into fixed deposits.

Slowly but surly.

Answer 5

Buy a few cheap houses remodel sky rocket profits turn em over there u go !I MAKE MY FIRST MILLION LAUGH ALL THE WAY TO BANK ..

Answer 6

personally i would sell beads I know how to make triple the profit on them:)

Answer 7

add another zero

Answer 8

play the lotto!!!

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