2007-01-05 14:03:41 · 8 answers · asked by looser 1 in Business & Finance ➔ Investing
I can help you turn $50,000.00 USD into $100,000.00 USD in less than a year for FREE.
Top 5 Answerer.
2007-01-05 19:28:11 · answer #1 · answered by Anonymous · 0⤊ 2⤋
The Rule of 72 means that money doubles at the rate of interest divided into 72. So, if you invest $50,000 at 12%, 12 x 6 = 72 means that in six years, you'll have $100,000. Therefore, if you want $1 million from $50,000, at 12% you would have to wait more than 24 years. But, you can do 12% without spending much time on it if you invest correctly.
If you want to do it faster, you could probably do it in real estate, but you'd have to put a lot of time and attention into it, and it might be riskier. For example, if you use your $50,000 to buy some rental units with 10% down, you'd have leveraged $500,000 in real estate. Then you could rent them out for cash, or flip them and buy more property with the profits.
Personally, I'd choose stocks and wait. Don't be greedy. But that's me.
2007-01-06 06:02:45 · answer #2 · answered by Katherine W 7 · 1⤊ 0⤋
You can actually invest your 50 000 USD in Indonesia for plantation purpose. For the oil palm plantation now is the best value and another bio-diesel or bio-fuel will get more crowd from the goverment. Email me i can give you more advise and a actual planning on it.
2007-01-05 23:04:08 · answer #3 · answered by eugenewyh700 1 · 0⤊ 0⤋
It will take a long time to do it safety. Put some in the bank the other on the stock market. You can make money be compounding. You do this by re-investing all your returns back into the investment.
2007-01-05 23:53:57 · answer #4 · answered by Low G 1 · 1⤊ 0⤋
Believe mi it is not so difficult.
Make 10% income monthly and compound it and less than in three years you'll have your first million.
Actually I think you could make more than 10% monthly if you would trade forex or shares. So why you don’t start your own forex or shares trading. I could introduce you to one brokerage company in Austria that allows to trade from same account currency (forex), commodities, metals and cfd on shares. Total 500 instruments available, spread from 1 pip. I could provide you for free with trading techniques that I successfully use for several years if you open trading account under my referral.
Currency (forex) trading is very attractive because it is very profitable business and you could trade from any place in the world and at any time from Sunday night to Friday night. So you could create very high income.
If you are interesting and/or have any question please do not hesitate and apply to me via pm or e-mail (press on my name)
Good luck!
2007-01-06 03:40:01 · answer #5 · answered by VP 3 · 0⤊ 0⤋
I'll tell you what stocks to buy but want only 1% of the profits. email me at xeno277@yahoo.com
2007-01-05 22:26:51 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Ill tell you what stocks to buy but I want 10% of the profits. contact me via yahoo messenger, its Tamerlane_1360
2007-01-05 22:12:28 · answer #7 · answered by MPH Candidate 2 · 0⤊ 2⤋
invest it to property investment, that's the most effective way to make million. if your interested please email me.
2007-01-06 06:55:35 · answer #8 · answered by maylene_biz 1 · 0⤊ 1⤋