2006-12-06 02:50:17 · 5 answers · asked by Hummbaba 5 in Business & Finance ➔ Investing
Yes, that is possible theoretically.
2006-12-06 06:05:59 · answer #1 · answered by VP 3 · 0⤊ 0⤋
Sure, you could buy $5.00 worth of lottery tickets and possibly win some money there. You could invest in a company as they are releasing their IPO. Ex: Google IPO 2004 = $89.00 a share and now is over $450.00 a share. You would need to be on top of everything and find a hot stock every 2-3 weeks.
2006-12-06 03:10:28 · answer #2 · answered by eric k 3 · 1⤊ 0⤋
$5,000 to $a million,000,000 is a 2 hundred fold strengthen in ten years. it is almost 70% annual compounded growth. extremely frankly, i'm satisfied to get 10% growth with my portfolio. i might in undemanding terms recommend a business enterprise it is in something which you recognize and revel in. i might placed it in an index inventory mutual fund. In ten years you have gotten double or triple your investment. 5 grand is a superb little bit of money on a private scale, yet fairly, it is not undemanding to locate a used vehicle for decrease than 5 thousand money, not to show set up a business enterprise. i think of you're able to desire to decrease your factors of interest slightly. finally, thank you on your provider to our usa.
2016-12-11 03:20:40 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Think about this. This would be multiplying the value of the initial $1,000 by a thousand times.
If such a return were actually (legally) possible, then EVERYBODY would do it.
2006-12-06 03:02:52 · answer #4 · answered by David545 5 · 0⤊ 0⤋
If you were a guru investor probably.
2006-12-06 02:59:35 · answer #5 · answered by Soggy Waffles 5 · 0⤊ 0⤋