Something I learned recently, if you want to find out how long it would take to double your investment, divide 72 by the interest rate and you'll get the time it will take to double the value of your money. (72/3[%]=24[years])
As for doubling it safely, rule of 72 and bank it. There is no way to keep it safe through investments, or at the very least hire a financial advisor.
Topic: How would you double $100,000 safely? - page 57. (Read 73714 times)
I have $100,000 to invest but want to safely double it in a year. Any suggestions?
The safest and surely double it is trading you need only be wise so that you can lose your money. Dont trade only one crypto currency.Buy at low sell at high thats the motto of the traders but you need to know if the coin was rising or not because if it is not rising you can loose your money in that coin..
If there was a way to get 100% return per year, everybody would be doing it.
Returns directly correlates with the risk you take.
Your question should be formulated like this "What is the least risky way to double up my money?".
Then again nobody really knows.
Returns directly correlates with the risk you take.
Your question should be formulated like this "What is the least risky way to double up my money?".
Then again nobody really knows.
The simple easier and most safe to double your money is to invest them in bitcoin, I mean buy bitcoin with that, and you will see in an year your money will be double when your sell those bitcoins.
I have $100,000 to invest but want to safely double it in a year. Any suggestions?
Jump to: