Honest answer please! what is the best way to turn $100,000 or $500,000 to a Million Dollars? just wondering?

Question

Honest answer please! what is the best way to turn $100,000 or $500,000 to a Million Dollars? just wondering?

Answer 1

World Series of Poker

Answer 2

Can't think of anything other than real estate.To tell you the truth I'll be happy with $100,000.

Answer 3

You have not given much to go on.  We know nothing of the kind of risk you are ok with taking nor how long you wish to wait till you see the desired return.  Real Estate is good for now.  Prices are low and if you have cash you can get some really good deals.  The rental market is strong maybe a small apartment 10 units or so.  that will create good cash flow for you.  Now it will most likely be about 5 years before the real estate market is strong again over all but best time to buy is when things are cheap and you sell when things are not cheap.

If you do not like real estate try stocks.  Look to foreign markets many are strong now.  Do your research no one is going to care as much as you do.  Now that being said also use a professional they should know more then you and can help you make good decisions but in the end the decision should be yours.

If you have the mind to maybe start a small business it is a lot of work but can be very rewarding and it is, in my opinion, on of the best ways to become a millionaire.

Answer 4

estates......invest it really works