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-   -   question about. how to become rich in 2 years. (http://www.thefinanceforums.com/showthread.php?t=2798)

ili 04-30-2009 11:07 AM

question about. how to become rich in 2 years.
 
what can i do with 10,000$ to get best return ???

User Name 05-06-2009 11:11 AM

Re: question about. how to become rich in 2 years.
 
Well your not going to get rich in 2 years with $10k unless you get really lucky. But for long term wealth and security, start a Roth IRA, if you haven't already, and watch it grow.

Rayout 05-16-2009 04:58 PM

Re: question about. how to become rich in 2 years.
 
1. Buy a hot dog stand.
2. Sell lots of hot dogs.

Fay 08-14-2009 03:34 PM

Re: question about. how to become rich in 2 years.
 
I would put it into unit trusts and leave it for at least 15 years.

brian 09-03-2009 02:57 PM

Re: question about. how to become rich in 2 years.
 
Start a business and work hard. :)

Salty Dog 09-15-2009 12:04 PM

Re: question about. how to become rich in 2 years.
 
Buy GOLD AND WAIT

Credit Girl 01-05-2010 04:50 PM

Re: question about. how to become rich in 2 years.
 
I would also invest in gold. I've known of others who have done this and their returns are doubled if not more. However, I think you may have to hold it over a long period of time as it won't double in a year or anything...




TheMoneyMan-Leo 01-06-2010 08:39 AM

Re: question about. how to become rich in 2 years.
 
I like the "start a business and work hard" idea the best but only use $1,000. Find a product or service that people WANT and figure out a way to get it to them and limit your start-up costs to less than $1000.

It can be done.

You can pay $10,000+ for a carpet cleaning franchise or you can rent a carpet cleaning machine on days you have jobs....days you will be getting paid. In that case you are getting started for the cost of an ad in the paper.

I did this 19 years ago...the biz card size ad got 15 calls by 10:30 in the morning. I advertised carpet cleaning for $7.95 per room...three room minimum.

I didn't actually rent a machine though. Based on that response I bought one that day.

Good luck!

lellopara 03-13-2010 09:34 PM

Re: question about. how to become rich in 2 years.
 
Quote:

Originally Posted by ili (Post 11730)
what can i do with 10,000$ to get best return ???

Go to Las Vegas...bet 10.000 $ on RED or BLACK and good luck!

hagger09 03-14-2010 08:44 PM

Re: question about. how to become rich in 2 years.
 
wow if it were that easy everyone would do it. If this is your only reserve cash dont risk it but if it is money that you can afford to loose take a look at the stock market. There are investors such as Warrn Buffet who started with a lot less than they have now. Good luck

C9Consulting 05-21-2010 02:07 PM

Re: question about. how to become rich in 2 years.
 
To answer your question frankly, become an entrepreneurial investor and invest in a profitable start up. Make sure you specify that you want them to give you a projected ROI at 12, and 24 months. Bring in an adviser (or two) that can help you decide which start up is the wisest to go with.

I wouldn't recommend it but that answers your question. "What can I do with $10k to get the best return?"

ajgraves 08-20-2010 03:39 PM

Re: question about. how to become rich in 2 years.
 
Why would someone make a post like this?

$10,000 isn't going to make you a huge profit unless you already have something in place to increase in terms of a business.

Buying shares is long term and carries a risk and gambling on it is completely stupid.

How about you put your mind into thinking of the next big thing and in the meantime look to place the money into the likes of a high interest ISA or savings account to acquire interest monthly.

goodyphilips 08-24-2010 11:01 AM

Re: question about. how to become rich in 2 years.
 
I will suggest that you should do some thing you are really passionate about,if you could afford it in this budget.


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