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| *The Commerce Journal>>>Investing |
How do I turn $1M to $5M in 5 years? |
How do I turn $1M to $5M in 5 years? pray, pray, pray. With the average market return of 8-12% over a longer term, you are definitely looking for outsized returns. That means well above average risk. Look for the hottest sectors and the worst sectors, and invest. THe key is to get out before it craters. The worst sectors are housing, mortgage and financial related. That may double, triple or better in the next few years if things get better, You should be a buyer when no one else wants to be a buyer. tb open up a topless bar. If you have a million isn't that enough? join an advisory service like Daily Wealth and follow their recommendations According to Warren Buffett the small capital investor should be able to double their money every 18 months. ($1m qualifies as small cap.) I have found this to be quite reasonable. With a sound investment strategy you should be able to turn $1m into $5m by investing it in equities. I'm sure that there are many people here on YA! that would volunteer to help you. Personally I don't need the aggravation, as I am perfectly happy handling my own investments. Of course without the necessary knowledge and training you could well lose your $1m, but if you take the time to learn the ropes, turning $1m into $5m in 5 yrs is definitely achievable. Interesting. I suggest you need a top rate portfolio Manager and or accountant. There are ways to do this...so I am told!! In online trading forex and CFDs, many skilled traders have earned 4 times their beginning fund in just one year or two. you have to have a million to make a million. buy icelandic bonds, they yield 12% plus you gain in the currencies appreciation. You don't do it by asking on Yahoo Answers... you do it by learning the basics of finance and hard work... dedication.. and personal discipline because nobody is going to do it for you forex, forex and forex Hello Give it to me & I;ll give you $5M in 5 years. Give me one million and I'll give you 5 million in 3 years. Just looking for an opportunity. |
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I don't think the other response caught the "at work" portion of your post. I'm guessing your plan is a 403B or TSA, different than the typical variable annuity they are refere... It is not a requirement for private investment firms (e.g., hedge funds) to get audited; however, most investors will not invest in a fund that is not only audited but also audited by one of the &q... You must mean now you see it and then you won't? ...At the moment, a money market fund looks pretty good. You should be able to get pretty close to 5% with almost no risk. Nobody knows what the stock market is going to do in the next few months. Per... You can buy at 9:30 and sell at 9:35 You'll need at least $2k to really do anything. Go to etrade and open an account. There is money to be made/lost. For example, I bought Chipol... I'm not sure if there is anything about Chinese businesses in the stock market, but I do know that Chinese shareholding is pretty shaky. Plus, I'd recommend the old brick and mortar inves... Though Yahoo is a good stock at this price but there are better other stocks in the similar price range like orcl,intc,emc,glw,etc Again if you have patience,Yahoo certainly has good future. ...Of course ... |
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