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Remember, the faster you go - whether in a car, down a ski slope, in a romantic relationship, or investing - the more risk there is in regard to the potential for achieving the desired outcome.
Be careful with 100,000. Good investors could turn that into 1 Million. There are several good fund managers who have averaged over 20% returns per year for the last 10 years. Some elite ones have average 30% or more for the last 5. Think about that before you leap. At 30% you'd have 200,000 in 3 years, 270 in 4, 360 in 5, 480 in 6, 640 in 7, 850 in 8, and in the ninth year you'd hit 1 million, and end the year at roughly 1,070,000. Your best bet in accomplishing that is to get your money into the hands of one of these elite professionals now during the lows of the market. You may wish to do so in 3 to 5 split parts, until you've put in the full amount, to cost average your entry.
Or you could go to a black jack table in Vegas, plunk it all down on four straight hands, and hope you win them all. The chances of that happening are not good. And, if you lose it all, how will you feel about that the rest of your life.
Best wishes for a successful choice |

Jack...
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Well, you said stocks...but what about mutual funds?
If not, then your best bet is to get into a LONG term bonds/ CD's.
I.E. the 30 years treasury note.
There's also gambling. Texas hold is a great game to learn, and it is not exactly/technically gambling, if you know what your doing. you play based on probability and statistics... |