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Is there an investment vehicle in which I can double o r better still compound my Money? |
i.e on 拢100,000 needs to double seven consecutive times Whilst this is possible it is very unlikely in a relatively short period. If you were fortunate enough to purchase shares in a small company that grew very rapidly it is possible (but again unlikely to get the return you are seeking). However, you are, effectively, seeking to get a return of 70 times your money. You would have to see your investment grow at an average of a little over 50% per year over 10 years to get the return you are seeking and even then you may have to pay a large amount of tax unless planned correctly. Your question is going to bring out every scam artist out there. Keep in mind: If it's too good to be true..... you're being scammed. It all depends on time. If you have long enough time, any vehicle will do it. Yes. I would recommend you to do Forex trading as it will give you fast return. |
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