Turning $100k into $1M in 6 years

[.r.]

..

 

[.r.]

....

 

[Secure Da Bag]

 

[Secure Da Bag]

 

[the cool]

$10k in crypto
$10-30k in stocks
Rest in real estate—use leverage to purchase multi family rental units, refi when you have adequate equity value, then use proceeds of the refi to purchase another property.

$100k to $1mm in six years is a little unrealistic though. You’d need a 46% return compounded. Realistically, if you used a significant amount of leverage, you could probably do it in about 10-12 years, assuming you don’t add more capital periodically.

what is that? how much you need to buy one of those

 

[posterchild336]

shyt TLRY would have accomplished your goal in a little over a month. e.g. buy 4000 shares at $25 per on august 14th and sell sometime this afternoon at around $275 and have $1,100,000 in your account.

Need to pay capital gains tax which is a nice chunk of that

 

[OH SOHH TRILL]

Snapchat stock.

was $12 dollars when this was made. Could already be up a cool 40%.

 

[Rigby.]

was $12 dollars when this was made. Could already be up a cool 40%.

I laughed off snap stock about half a year ago too after IG stories really started making waves. Them whoring themselves out via ads and these new filters have killed it for them. I dont think I should buy in now with them likely capped out at originality for the time being, plus them not needing to do anything for now. But its great to say they can act with their back against the wall

 

[OH SOHH TRILL]

Snapchat stock.

It will trade above $50 in the next 5 years.

was $12 dollars when this was made. Could already be up a cool 40%.

Could’ve already made and lost the million twice

 

[Unemployed GM]

How would you go about doing it?

, stock market don't touch it.

 

[SleezyBigSlim]

How would you go about doing it?

Put 100k on a qqq leap option for a few years out