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For a 26 year old investor with $7,000/yr to INVEST, what is the best advice at a 5 yrplan to reach 100,000? |
For a 26 year old investor with $7,000/yr to INVEST, what is the best advice at a 5 yrplan to reach 100,000? If you are adding another $7K, a year, you would need 37% returns every year to make $100K (and you would have to pay a lot of tax on that, so you will end up with a lot less). most likely not possible, you are basically asking where can i get 90% return for five years straight up The only way to get those kind of returns is from the stock market. Those kind of stocks should be small cap, high growth, and still relatively out of Wall Streets scope, so when they do score big you will be there when the big boys load up. Just to name a couple that I have been following for about a year are JSDA, OMTR, and SNCR. All three are have very strong business models and have the potential to grow many times over in the next five years. I personally own Jones Soda Co. (JSDA), which is great company with lot of potential and has the possibility of replicating Hansen Natural's (the maker of Monster energy drinks) stock performance. Jones is in the midst of rolling out their products from 2% retail space to more than 25% with mega-retailers like Wal-Mart, Safeway, and Kroger stocking them up. They are also using a healthier type of sweetener called Pure Cane Sugar over the traditional high fructose corn syrup that Coca-cola and Pepsi use, which gives them another leg up over competition. My BEST advice would be Even if you invest in a Mutual Fund returning 25% each year you will only make less than $25,000.00 in five years. |
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BUSINESS PLAN FIRST THEN SEARCH FOR INVESTORS. DO A SEARCH FOR BUSINESS INVESTORS. SCORE CAN GIVE YOU SOME IDEALS AND SBA. ...You could try ... Excellent question but you misspelled one word ... It's not i-n-v-e-s-t-o-r, it's spelled s-u-c-k-e-r. ...I would say, if you are serious about it, talk to a professional Realtor since each situation is different. Let me know if you would like to be referred to a good one! ...Check first with people near you -- family, friends, accountants, lawyers, bankers or other folks in your area that you think may be willing to invest in you. Or you can check with angel investo... For a small invetor its better to buy a mid cap equity share..... and that's more risky as compared to investing in mutual fund. The higher the risk the highre the profits....and since as ... Go to your url and look up Angel Investors. You can also go to www.grants.gov maybe even s.c.o.r.e. ...In this market, short term. Kept the powder dry and looking to pounce. tba ... |
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