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What investment can you do withn1 MILLION THAT GUANRANTY RETURN OF n50,000 A MONTH? |
What investment can you do withn1 MILLION THAT GUANRANTY RETURN OF n50,000 A MONTH? There are many investments that you can make with $1,000,000.00 USD that return at least 60% anually. Howevever, most businesses take some time to become profitable. For example if you start a small restaurant chain in 10 cities with $100,000.00 for each location. You start selling from the very first day you open the restaurant (Hopefully) and asuming you make 50% on every meal served (Unlikely) and asuming you sell on average $20 per customer to 10 customers each day it would take 1000 days just to get your initial investment back. After that, you will get at least a 60% anual return on your investment asuming you increase your customer sales to over $20 per customer and your daily customers to over 10 each day. You should take into account that at least 1 location may go out of business. This is equivalent to over $50,000.00 a month. However, like any business there will be months with low sales and months with high sales. Eventually your place will be known and asuming you have a good marketing campaign and an excellent manager running your business you could easily get over $50,000 every month. But that would take time. Of course there is not way to know if your restaurnat will be successfull or if you go out of business. The same goes for every kind of business. It may work or it may fail. Another approach would be to invest in the stock market but unless you have an excellent portfolio manager (I mean world class and very expensive Portfolio Manager) is is unlikely you get returns higher than 60% per year. There are many portfolio managers out there that can easily manage your money and get you over 60% per year but your ammount is so small that even if you pay them $300,000 a year of salary you won't make the amounts you want. A $150,000 a year portfolio manager may not get you a 60% return on your investment. And of course there is always the more popular brands that can manage your wealth for a very small fee (Less than 5% of your assets) but they will not give you the returns you want. fantasy land answer. Report It not possible |
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