If you have 30,000 yuan, how do you turn it into 1 million in 10 years?

Updated on Financial 2024-02-29
16 answers
  1. Anonymous users2024-02-06

    For some people, start-up capital is a headache. If you are worried about funds in the early stage of starting a business, you can consider choosing an online microloan to relieve the pressure.

    It is recommended to use the money to spend, the money to spend is the credit brand of Du Xiaoman Finance, which provides users with safe, convenient, unsecured and unsecured credit services, and borrows money on the Du Xiaoman Financial APP (click on the official measurement).

    With money to spend on consumer loans, the daily interest rate is as low as low, and the annualized interest rate is as low as low, which has the characteristics of easy application, low interest rate and fast lending, flexible borrowing and repayment, transparent interest and fees, and strong security.

    Share with you the application requirements for consumer products with money: it is mainly divided into two parts: age requirements and information requirements.

    2. Information requirements: During the application process, you need to provide your second-generation ID card and your debit card.

    Note: Only debit cards are supported, and the application card is also your debit card. My identity information must be the second-generation ID card information, and I cannot use a temporary ID card, an expired ID card, or a first-generation ID card to apply.

    This answer is provided by Youqianhua, due to objective reasons such as the timeliness of the content, if the content is inconsistent with the actual interest calculation method of the Qianhua product, it shall be displayed on the page of Du Xiaoman Financial APP-Youqianhua Loan. Hope this helps.

  2. Anonymous users2024-02-05

    It's actually quite simple.

    Stick to compound interest investing! It means that the money earned every year is invested again.

    According to the final value formula, if you want to use 30,000 principal to become 1 million in 10 years, you only need to maintain a yield of 42% per annum to reach your goal.

  3. Anonymous users2024-02-04

    Yes, but ** the risk is greater and should be cautious.

    If you want to do something illegal, you don't need to use the capital of 30,000 yuan, just rob the bank.

  4. Anonymous users2024-02-03

    Can not, taking advantage of the depreciation of the dollar and the price of **, although I don't have much money, but it is really worthless to put money in the bank like this. I should think of a way to make money!!

    I also want to know, so let me know it!!

  5. Anonymous users2024-02-02

    It's going to increase 30 times in 10 years, such a good thing, tell me, I want to guide too.

  6. Anonymous users2024-02-01

    Buy Lottery Tickets!!

    As you say, "the requirements cannot be met by ** and doing illegal things." ”

    I think everybody is waiting for this opportunity.

    Dude, go buy a lottery ticket! 1 million is a small kiss

  7. Anonymous users2024-01-31

    Secretly secretly vomit secretly secretly steal!

    Cast! Be appropriate! Don't be blind! !

    See it and stay the course! Insist on not relaxing!

  8. Anonymous users2024-01-30

    30,000 becomes 1,000,000.

    Ten years. Plan 1: Invest in the financial market, buy **, foreign exchange, **, etc. (Landlord prohibition) plan 2: start a business, the specific project depends on your ability.

    Plan 3: Inheritance (depending on whether your elders have a big man, if there is, use your more than 30,000 filial piety.) Ten years later, 1 million, it's possible)

    Plan 4: I can't think of it for the time being, and it is estimated that 1 million will not grow in the ground bought.

  9. Anonymous users2024-01-29

    Start a small business.

    Hehe, if only I had 30,000.

  10. Anonymous users2024-01-28

    I'm afraid it's more difficult, and I also want to know how you can't achieve it unless you start a business.

  11. Anonymous users2024-01-27

    Go to the arcade city to press a tenfold. There's still a chance.

  12. Anonymous users2024-01-26

    In 10 years, 1 million will become 100 million, which is equivalent to an increase of 100 times, and the average annual compound growth rate will reach.

    For example, in the past 10 years, Tencent's ** is one of the best performers**, in 2009, Tencent's share price was about 70 Hong Kong dollars, and at the peak in 2014, Tencent's share price reached about 580 Hong Kong dollars, which is equivalent to 10 years Tencent's share price has doubled.

    If you want to make 1 million increase 100 times in 10 years, there are two options for public reference.

    The first possibility is to buy Bitcoin in 2011.

    Bitcoin was officially born in 2009, when it could not be directly used for transactions, Bitcoin was really traded as a currency in 2010, in May 2010, a programmer in the United States exchanged 10,000 bitcoins for two pizzas, which was converted into only a few cents of dollars. In 2011, Bitcoin began to appear more frequently transactions, in January 2011, Bitcoin's ** broke through one dollar, if you buy Bitcoin with 1 million yuan in this year, you can buy about 150,000 Bitcoins, if these bitcoins are held until 2017, now at least a person with a net worth of tens of billions.

    Since 2011, Bitcoin's ** has ushered in a stage of rapid growth, although there has also been a substantial ** process, but in December 2017, Bitcoin's ** broke through 19,000 US dollars, if you sell all 150,000 bitcoins at this time, you can get at least 2.8 billion US dollars, according to the exchange rate of RMB against the US dollar at that time, it is about 18.7 billion yuan, which is equivalent to 18,700 times the wealth appreciation in 8 years.

    The second way is to invest in real estate.

    For example, at the beginning of 2009, the average price of houses in Shenzhen was about 8,500 yuan, and in 2019, the average price in Shenzhen has exceeded 54,000 yuan, which has doubled in 10 years.

    If you buy 2 suites in Nanshan, Shenzhen with 1 million yuan as a down payment at the beginning of 2019, and then roll the investment through non-leveraged remortgage and other methods, the value of the real estate you hold now is at least 100 million yuan. You must know that in 2014, there was a Mr. Li in Shenzhen who also used 1 million as the start-up capital, and after constantly increasing the leverage of the mortgage, he had assets of 50 million in just 2 years.

    Of course, in 2009, there were 1 million people who bought a house directly, and they could earn about ten times at most, but the development of real estate was different.

    In 2009, there were 1 million yuan that could be partnered with others to set up a real estate company, and then slowly start to develop the project by borrowing money from the bank or borrowing money from other institutions, and through the rolling development of leverage, 1 million yuan in 10 years will become 100 million or even 10 billion There is no problem, many people have no money but can develop real estate like this.

  13. Anonymous users2024-01-25

    I will definitely invest in BYD or Moutai shares, and then wait for them to go public, so that I may earn 100 million.

  14. Anonymous users2024-01-24

    I will choose to invest in Alipay to become a shareholder of Alipay, or I can invest in Huawei to become one of the shareholders, or I can buy **.

  15. Anonymous users2024-01-23

    Laughing to death, the police and I looked at the 2015 printing date and fell into deep thought.

  16. Anonymous users2024-01-22

    Isn't it just a matter of adding a zero...

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