Is it possible to receive $1,000,000 on $100,000 invested in the stock market after 5 years?
LI Lisakroske asked on 07 June 2020, 05:34
3 answers / 1289 views / 8 votes
AS
Ashishsharma 10 p.
Answered 3 years ago
Anything is possible if you work fair and square. If you are using the rule of 72, and go ahead and find a reasonable rate for return, for instance i.e 5.5%, then you can expect to double your investment in the upcoming 13 years.
AS
Ashishsharma 10 p.
Answered 3 years ago
Anything is possible if you work fair and square. If you are using the rule of 72, and go ahead and find a reasonable rate for return, for instance i.e 5.5%, then you can expect to double your investment in the upcoming 13 years.
JO
Jonsanchez 10 p.
Answered 3 years agoAnything is possible. 900% growth is pretty incredible, and in order for you to attain that, you will need to be investing in extremely high risk vehicles to achieve that kind of a result. That also means, that the odds of losing all of your money run high too..
If you use the rule of 72, and take a reasonable rate of return, say 5.5%, you would expect to double your investment in 13 years. You are looking to make 9 times your investment in less than half that time. That means a tremendous amount of chances you will need to take in options, derivatives, etc.. You will need to work your butt off managing them too.