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... |
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p l | What investment would allow me to have a $1000.000.00 million dollars in 20 years and how?,? |
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 |
 
Ansariteaway
 |
1,000,000.00/ 20 yrs= $50,000.00....
You need to make a profit of $50K a year to do a Million in 20 years. So you need to look at what really sells (anything really ) but you have to be able to do the volume required to make this profit.
Do you have any skills? Auto machanic? if so, you could open your own side mechanic shop and make a descent profit each year. You just need to evaluate your skills, financial history (gather all your papers together for the bank,because you need money to make money) , current income, and backup income until you get your company off the ground.
Or you could just cut an album and sell it like a record label does, is there a potential singer in you? lol.....Good luck Millionaire to be! |
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FaZizzle
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An investment you couldn't afford now.
You want a lot of money in just a little time.
You need to get real. |
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Hello
|
I once saw a story about old school teacher who built 1 million dollar retirement portfolio. Google her. |
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suzie
|
Marry Paris Hilton or one of Trumps daughters. LOL |
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InspectorBudget
|
You are asking a strange question.
There is no starting principal, yet in 20 years you want to have a million million, which is a Thousand Billion dollars?
Even Bill Gates has only 40+ billion. The Sultan of Brunei has only 25 Billion. Larry Page and Sergey Brin, founders of Google, have 34+ Billion each.
In 20 years you want to have more money than all of them combined.
Good luck. I'm not holding my breath........ |
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squeezie_1999
 |
Do you mean a billion? The real question is how much do you have to invest now? Unless you're a genius, it's unlikely you could get more that 5% a year from any investment on a long term basis, so you're going to need a few Hundred Million today. If you're a genius, the chances are you'll end up broke anyway. |
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craig92627
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You can figure this out using something called future value. In excel it's formula symbol is fv.
If you invest in the stock market using a S&P index fund and get similar return to the last twenty years, you'll have $1,000,000 in 20 years by investing $21,000 a year. If you use a Dow Jones index and get a similar return, you could do investing $19,250/yr.
If you have an employer that does 100% matching in a 401K and you have an S&P index fund available, you could do in 20 years putting $10,500 a year away.
http://en.wikipedia.org/wiki/Future_value |
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tx1942txx
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Invest $1000.000.00 million dollars in bonds now |
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el cid
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invest in real estate in dubai is your best bet |
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Dano N
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I assume you mean 1 million in saving in 20 years?? Here you go and only for you. It is going to take some work but it can be done rather easy, once you get started. If you where to invest $300 per month in a mutual fund paying 12% you would have 1 million dollars in 30 years. So invest $500 per month in that same mutual fund and in 20 years you would have your 1 million dollars. Simple wasnt it. And you thought it would be hard. Good Luck 2 U |
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Michael
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there are a couple ira's and such but you gotta dump a lot of money in there. have fun wit dat boieee |
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sminthian1980
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Lottery tickets |
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Socrates470BC
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1 Billion Dollars in 20 years is possible, but you need to start out with 1 Million Dollars.
However, for those of us with more modest means, say $10,000 to invest over 20 years $10 Million does seem possible using the stocks monthly system. |
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