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/biz/ - Business & Finance

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18811685 No.18811685 [Reply] [Original]

How do I turn 150k into 5 million?

>> No.18811746

>>18811685
Did you sell your fingers for 150k?

>> No.18811772

>>18811685
Put it all into btc and eth and forget about for 5-10 years

>> No.18811788

>>18811772
u mean link

>> No.18811795

>>18811685

$MVIS is the next moon

>> No.18811837

Dump investment, it's actually a liability since it doesn't work for you and only hang on you write which you can lose it easily or get stolen.

>> No.18811998

>>18811685
Ask me how I know this guy is American

>> No.18812145

play it safe. with that much money you can rack up serious divvies and reinvest... and wallah compound investment

>> No.18812185

>>18812145
how

>> No.18812203

By a house with as many subdivisions as you can afford (probably a dupelx or quadplex), rent them out, then continually use you equity in the home as collateral to buy new investment rental properties. It wont be quick but if you bought under-market value properties and reinvested back into more real estate you could probably realistically turn 150k in 5mil in 20 years. And thats maybe being a little conservative. Its almost impossible to really lose huge with real estate unless you're a fucking moron and buy a house with foundation problems for 100k over asking or something dumb like that. Generally speaking, at bare minimum you can almost always get back what you put in (as long as you aren't overleveraged and forced into a "sell now" situation, then you could take a hit)

>> No.18812242

>>18811685
multiply it by 33.3333333333

>> No.18812397
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18812397

>>18812185
r u a nigger, or just that lazy?
google stocks with high dividends.

pick three-five you're familiar with and trust, invest your 150k into those. sit back, reinvest that every year into those same stocks for higher dividends rinse and repeat.

http://www.moneychimp.com/calculator/compound_interest_calculator.htm

>> No.18812451

>>18812397
thanks bro

>> No.18812480

>>18812451
post results faggot

>> No.18812539

>>18812480
i dont know whati want to buy yet. i was thinking about buying spy but i want to wait till it hits 200