Say you have $100k saved in the bank, you have 5 years to turn it into $1m without taking silly risk. Yes, this is difficult but.. Not totally unrealistic considering it’s a 50% IRR.
No buying risky stocks and no buying crypto, only legit strategies with a solid risk/reward ratio, bonus points to anything that accounts for todays high interest rate and high inflationary environment.
Figure out how to bring back the infinite leverage glitch on Robinhood
Lever the heck up in a near distressed company or buy 3 DTE index options and hold on to the seat of your pants
no way to 10x your money safely
Tel that to my man Grant Cardone /s
TQQQ
Buying Apple stock back in 2010
Start an online service based business and copy those who have succeeded in the space.
Maybe spend a few thousand dollars or better yet pirate content to learn how to deliver the service your selling,
5 year treasuries are like 4.36%. Over 5 years, that $100k becomes $124k. Bet black on roulette 2 times, then on red once, and you're basically there.
Or find whatever tight call spread on SPX 2025 you can buy for 10% of the strike width and go all in on that.
Idk why you expect 50% returns to be reasonable without super risky strategies.
Honest answer? Use the $100K on a matchmaking service to find a rich trust find baby, get married, and then divorce after 5 years. Not even ironically, divorce is the main fortune maker of the world's richest women.
Does this work for men
Lever the $100K up 10:1 through an SBA 7(a) loan and buy an SMB for $1MM with like $200K in EBITDA or SDE. Operate the business for 5 years and make your million back, and if you're a skilled enough operator, you can maybe get the business worth $2-3MM by the end of it.
You could maybe even use some of the money you get in the first years to buy subsequent businesses.
Thank you for the first realistic, actionable, and level-headed answer.
"no buying crypto, only legit strategies"
… lol. Crypto is the safest answer to your question.
When will you guys realize that crypto is legit and here to stay?
Before you MS, I bet you didn't realize credit exists on crypto. Lending, borrowing, tranched debt, insurance, stripped bonds, real world assets, and more ALL exists in crypto RIGHT NOW.
Various types of DeFi protocols have CASH FLOWS and are profitable from day 1. Yes, you can build a DCF and do other fundamental valuation on these protocols. No, crypto isn't just buying memecoins and BTC.
NGMI.
lmao @ all the finance bros who gave MS. The bond market in crypto is at $100bn… it’s not going anywhere.
It’s the safest bet to 10x in 5 years.
what cryptos would you buy? so many seem like scams with terrible tokenomics that inflate and dump the price
del
youd have to buy some sort of online course- learn sales/software dev
Buy a course selling company
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