Double your money soon??

Question

I have 25,000 dollars saved up..i want 100,000 in 1 yr. what can i do??

Answer 1

You can always try Real Estate, in most areas of the country its a buyers market.

Answer 2

You could try robbing a bank. To earn a 400 percent return on your money you have to take extraordinary risks, such as a gamble on roulette, or spending it all on 25,000 lottery tickets to improve your chance of winning. High risk means a good chance of losing your money as well as a good chance of doubling it.

You could invest the money in stocks or real estate. The stock market historically pays a return of about 10 percent. During the next year it may pay 25 percent or - 30% or anything in between. If you are looking at a one-year horizon for a sure profit, you have to consider something safe, like a CD or treasury bonds. You may be able to earn a 5 percent return. You have to be realistic. Put your money to work and it will grow at a reasonable rate comensurate with the risks you take..

Answer 3

I agree with Serge M, you are expecting too much performance out of your money. The only investments that give that kind of return have very substantial risks.

If you do make an investment in something that might produce a 400% return then you have been warned. If you lose part or all of your investment then you cannot be upset about it. It would be your fault for making the investment in the first place.

Answer 4

To double your money, fold it .... lol. Don't really hv an answer for you, had to throw that joke in.

Answer 5

The only chance you have is to go to vegas and cross your fingers.

Answer 6

25,000 doubled is 50k. jk. real estate is probably your best bet.

Answer 7

get a good paying job