If you had $500K right now...what would be best investment to get it to a MILLION in 5 YEARS or less?

......I mainly invest in mutual funds and individual stocks....I'm pretty aggressive too.

you would have to average about 14.9 % interest a year, so if the market performs as well as it has been you could do it without a ton of risk

some semi aggressive mutual funds,a little extra international, and just hope it works out, but if i had that much i would stick it in a little bit safer investments, i wouldnt leave the market but i would put it in less aggressive funds, value funds,balanced funds, just a little safer,but thats just me

Personally I'd buy the best Jap automakers on pullbacks... the global trend has shifted from SUVs to fuel economy... and that's what they do best. It doesn't take a genius to figure out that gas prices have been, and will continue to be, volatile thanks to Vietnam II over in the Middle East.

Look at CD's too, possibly. I don't know anything for sure that would get you 1 million dollars in 5 years, however.

merchant by buying houses cheap and sellin them for alot. thats wat my bro did and he made atleast $2million in about 7 years.

Realestate

Keep on doing what you are doing. If you are investing agressive enough, turning 500K to 1000K in 5 years in a bull market is very possible...but, it could also turn into a bear market like 2000-2003.....so be careful.

I invest is real estate that is disadvantaged. The house of a person who died and no one want to take of the property. I pay 20% to 50% of the property value to acquire the property. Then I make improvements up to 10% of property value, and sell it for 100% of property value if I carry the mortgage. If I sell cash 80% - 90% of property value is my sale price.

Lets assume that we are pricing a property that is $100,000. My buy is $20K to $50K, improvements is 10K, sale price is $80K minimum. $20K profit at minimum, most times a deal is completed in 6 months.

With $500K I could have five to six deals going at day one, add deals as others conclude. In the event in the above deal I took the mortgage, I still have a paper profit of $40K and make minimum of 4.5% interest on $100,000 for the life of the mortgage note.

personally, i wouldn't set my sights on doubling the money in 5 years. that's no all that easy to do. if you really have 500k, i would interview some professionals to get some real advice. certainly want to diversify, as you don't want to risk losing money. i would look some undervalued stocks that are strong companies, growth stocks, possibly real estate. you have a ton of options and a good pile of money in which to work with.

Now is not a good time to invest in stocks. Instead of stocks, you should try prosper.com. But only invest in loans with a credit rating of C or better and a DIT of less than 20%. I have had tremendous success with Prosper. Most of the loans I've funded have at least a 10% - 20% return. A lot better than any CD and safer than the stock market! Good Luck!

Check out these articles from the NY Times, USA Today, and others. http://prosper.com/public/about/media_ne...

invest in gold ----- BUT there is no real answer, the only answern is 0-----to-----none

Any decent mutual fund will get you there.

On the other hand, if you want to get there in 3 years then drop me a line.

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