2006-10-03 06:24:07 · 10 answers · asked by the withness 3 in Business & Finance ➔ Investing
Real Estate, unless the market fluctuates.
Corollary, the market always fluctuates.
2006-10-03 08:31:18 · answer #1 · answered by Anonymous · 0⤊ 0⤋
There isn't a safe investment that will guaranty that kind of return. You essentially are looking for 24% average annual return for your money to grow that much in 10 years. Some mutual funds have hit that mark (or higher) for 2 or 3 years, but you can't count on averaging that much for 10.
You could potentially leverage the money by buying rental properties, and if you combine your return with your capital appreciation you might come somewhere near your target, but that is a lot of work that requires active management - and there is still no guaranty.
You could get lucky and hit some great numbers in a large cap fund or a REIT mutual fund - both have that potential. But any investment advisor that tells you they know how to grow your money at that rate is probably full of crap. Remember that you can always lose money too.
Good luck though.
2006-10-03 06:35:28 · answer #2 · answered by reed 2 · 0⤊ 0⤋
I think there are only two ways you could possibly do that.
1. You could buy bonds of a company in bankruptcy and then hope they get through the proceding and pay the debt.
2. Private equity. Buy into a start-up with a valuation of, say, $5MM. If it does well, you can easily get 10x on your money. But keep in mind that the odds of that happening are less than the odds that you will lose it all. You'll also need to be an accredited investor to do that.
If you're willing to take those kinds of risks, you can realize your goal. The odds are against you,though.
2006-10-03 06:58:05 · answer #3 · answered by SDD 7 · 0⤊ 0⤋
Hi, i know what your question is.
i suggest a great site with plenty of Issues related to your Investing and everything around it. it also provide clear and accurate answer to many common questions.
I am sure that your Investing will benefit greatly from this website.
http://investing.sitesled.com/
Good Luck and Best Wishes!
2006-10-03 16:43:26 · answer #4 · answered by stock_trade_expert 3 · 0⤊ 0⤋
Expected return is directly related to risk. In order to get these kinds of returns, you will need to take risks. How much risk?
To make that kind of money in ten years, you need to invest in something with a return of 25.9% per year. To get this, you would need an investment that is a little more than 3.2 times as risky as the stock market.
To make that kind of money in five years, you need to invest in something with a return of 53.5% per year. To get this, you would need an investment that is a little more than 8.2 times as risky as the stock market.
You should realize that if you take on these kinds of investments, you will -- on average -- make your goal. But the probability of losing much of your money will be very high.
2006-10-03 06:49:33 · answer #5 · answered by Ranto 7 · 0⤊ 0⤋
Technology. Bio-tech
2006-10-03 06:32:21 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Bet it all on red. That's pretty much the only way. That kind of return is virtually impossible without taking so much risk that you might as well just go to Vegas and gamble it away.
2006-10-03 06:27:14 · answer #7 · answered by personal_finance_101 3 · 0⤊ 1⤋
Ask Warren Buffet,
2006-10-03 06:40:23 · answer #8 · answered by cawillms 3 · 0⤊ 0⤋
invest in YHOO, it's the lowest its ever been in years, and obviously, you use it often.
2006-10-03 06:38:26 · answer #9 · answered by Yan M 2 · 0⤊ 0⤋
convert your dollars to cents, abrakadabra, no need to wait 10 yrs.
2006-10-03 06:31:44 · answer #10 · answered by Supersnooper 2 · 0⤊ 2⤋