Honest answer please! what is the best way to turn $100,000 or $500,000 to a Million dollars just wondering?

By SAFELY investing it - in bonds, GIC's, etc...

These options pose NO risk whatsoever - though the interest rates are lower (usually in the 3% to 6% range). But given enough time (10 years or so), you will have DOUBLED your money through sheer interest alone ;);););)

by some estates......homes, apartments, buildings,etc...

Find a reputable investment broker, invest your money wisely, eliminate wasteful spending and watch it grow!

Always,
Amie

If you invested with the broker of your choice and earned a return of only 8% a year your half million would turn into just under a million in only nine years. Good luck!

However, it would take about thirty years for $100,000 to turn into a million at 8%.

invest it wisely and wait 30 years.

Invest it in anything that appreciates. Then wait it out.

The quicker you hope to gain, the more risk you must accept. If you want a sure and secure investment, go with a Money Market or Bond. Mutual funds are also an "almost sure thing."

Real Estate and general Stocks are more risky but can offer a higher or quicker rate of return.

Consult with people who've done it, and then go with your gut.

Don't invest in a new business idea your friend has.

Don't buy powerball tickets or take it to Las Vegas.

That should do it.

CHRIS D. I like to here the way that you think, Really I do, You
are some one I would like to be around, and you around me.
In respond to your question I do not know where in the U S. you are
but I like the way you are not speaking crazy & stupid about buying car and going on world tores, but instead of those thing
you are speaking with some sence, & that's very very good!.
I know that Real Estates are still the best thing that is out here
that is still and will be for ever be very good for you to invest in
and dont let any one tell you any different especialy if they are
going to stear you in thing that you are not in controled of like
Stock Market and all those things that some one will be spen-
ding your money for you like you are a child. You should have
the say so in the spending of your Money @ all times, have oxcess to the how, when, what, where and why, and not some one is going to tell you that the money was spent and the stock went down and your $100,000 is gone, AKA. Busted so you have to be care full of what you are about to do. But like I say Real Estates is still the way to go and if you would like more information, you can
use this noumber. (718-484-2200.) ask for NJ. It's not that there are not other things out there because to invest in because they are, but the first chois for you should be the RET.That is why I would like to know where in the U S are you.
No disrespect but you can used the numbers only if the Moneys are clean. Like I say this is with no DISRESPECT @ all!.

put it in a saving account it will take a long time with 100,000 though

Invest it wisely into a bisness. The guys who started Mcdonalds had only about $500 to get things started and how much money do you think Mcdonalds makes now?

Enter Your Message or Comment

User Name:
User Email:
Post a comment:

Archive: Forum -Forum -Finance - Links - 1 - 2 - RSS - All RSS Feeds
The Causes and the Results. 0.024
Copyright (c) 2011 Financial Crisis Saturday, May 26, 2012 - Terms of use - Privacy Policy