How to double the money in the shortest time?

Updated on Financial 2024-05-17
4 answers
  1. Anonymous users2024-02-10

    It depends on three key points, first, the size of your capital, second, your risk tolerance, and third, the acceleration of your money.

    First, the size of the capital

    If you only have one dollar, you need to double it, it's simple, you go buy an egg, sell it to a colleague, catch up with someone who wants to eat eggs, two dollars is nothing to him, even if no colleague wants to eat eggs, you can buy it, even if it's just to send you away.

    You have 100 yuan, and it's relatively simple, go wholesale a box of fruit, and sell it for 200 yuan, but when you have a million, 10 million, it's difficult. That's why, a lot of large capital of more than 100 million yuan, only pursuing an annualized return of about 5%, is already quite good.

    For example, a merchant who sells toothpicks can make 10 times the money for a pack of toothpicks (the cost is 3 jiao and 3 yuan), but the merchant who sells computers can have a 50% profit.

    So, first of all, know that the size of your capital determines the difficulty of doubling.

    Second, risk tolerance

    Risk is proportional to return, the greater the risk, the higher the return, and the part of the high return that is more than the normal return is to make up for the high risk you have taken. If you want to double your capital on a massive scale, you have to take a lot of risks.

    Take a trip to Macau, buy a capital of 10 million, there is a 50% probability of doubling, and a 50% probability of losing everything, are you willing to bear this risk? **There is a risk, you should be cautious when entering the market, the hint is the risk, and you will be responsible for the loss first.

    Most people expect low risk and high reward, which does not exist, and even if it exists, it is someone else who has taken the risk for you, or it is to fool you, let you taste some sweetness first, and eventually harm you. Either that, pie in the sky.

    For example, winning the lottery.

    For the time being, the property market is relatively low-risk and high-return, of course, these are all speculated, and it is ultimately necessary to find a receiver.

    in order to unbundle and make a profit. The property market is 5%-50%, ** can fluctuate up and down 10% a day, private placement.

    The annualized rate is 10%-20%, the bank wealth management is about 5%, and the antique collection can be several times.

    So, your risk tolerance determines how you make money.

    Third, the acceleration of making money

    10% simple interest per year.

    It doubles exactly in 10 years, and 10% compound interest in one year.

    10-year earnings multiple. In fact, it is whether you continue to invest the money you earn, if you don't invest, but the original principal is making money, then it is at a uniform rate, and if the money you make is also used for investment, there is an acceleration of making money.

    To sum up, if you have a small principal, then there are many ways, if your principal is large, it depends on your risk tolerance, and in the end, you make money faster.

  2. Anonymous users2024-02-09

    Your Majesty, please give me 1 grain of wheat in the first compartment of this chessboard, 2 grains in the second compartment, and 4 grains in the third compartment, and each compartment will be doubled from the previous one. Give your servant all the 64 squares of wheat that fill the chessboard. The king felt that this request was too easy to meet, and ordered that he be given the grain.

    When the people brought in bags of wheat and began to count them, the king realized that even if he brought all the wheat grains from all India and even the whole world, he could not be satisfied.

    And this story tells us that the secret of wealth growth is not in getting rich in one or two years, but in continuous and stable compound interest growth. And what is this "consistent and stable compound interest growth"? So first of all, we have to think about a question, we are neither the second generation of officials nor the second generation of rich, so what method can we use to double our money?

    In fact, for ordinary people, we can start with expenses and develop a "three-way rule" of income, so that they can live, have entertainment, and set aside reasonable funds for investment. It is important to note that we must adhere to the principle of trichotomy to the end, and even if we have spent all the money in one category, we should not use the quota of other categories, so as to achieve the goal we want.

    Second, it's important to understand how you can save money. The first must be to control consumption, must remember to make a list of essential consumption, do not buy things that do not need to be bought, and avoid excessive waste; Second, at the beginning of the month, a one-time cash withdrawal, presumably most people's attitude towards cash is "take as you go", but you don't know that this form will always unconsciously withdraw cash many times and eventually lead to spending, so you still have to take out a fixed amount of cash each month at the beginning of the month, and spend each month under the distribution of this amount.

    Finally, the point is that if you want to double the money in your hand, then you must be a rich person in thinking, master the correct way of thinking, and let the money have a real value, instead of staying in the bank, as long as you know how to "make money with money", you will be afraid that your money will not be multiplied several times? You know, what you have is not a sum of money to spend as you please, but the ability to dispose of resources. Learn to let resources flow to the most capable people, so that your wealth can be increased.

    Therefore, learn to use the funds in your hand to recycle, even if it is only 100 yuan, you will eventually reap a "huge return".

  3. Anonymous users2024-02-08

    Whether it's a job, or a business! You need to choose your interests, find your strengths, and discover your strengths.

    1: Consider your interests, do what you love the most, and only make work fun. You can better develop in this industry.

    2: Analyze the experience you have and do what you do best. The identity of an expert will make you handy in many things.

    3: Here we emphasize the relationship channel, which depends on the accumulation of social life. One more channel equals one more opportunity. Fortune often depends on relationships. This is not without reason.

    My opinion and my approach is.

    1. Compound interest to make money. That is, this is the profit, the profit rolling. It is equivalent to putting money at usury, and when you get the profit, you will go to the capital.

    2. Duplex to make money. A person with three heads and six arms, and he does not earn much, so many people work for you, many roads earn money for you, and many places make money for you.

    3. Use others to earn money for you, liberate yourself, and have time to learn how to make money quickly.

    4. Will use the power of capital.

    5. Use the power of connections.

    6. Be able to use the power of leverage: for example, borrowing the power of others and borrowing the power of capital ......Partner, co-entrepreneurial ......

    7. Open source and reduce expenditure.

    8. The parasitic method, that is, borrowing large enterprises, can also be a joint stock.

  4. Anonymous users2024-02-07

    ** But now the risk is high, it depends on whether you dare to gamble

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