Thread by @derealdima

"Lending someone money to get double the money after 3 years.
Sounds interesting.
🤔"

I posted this on my Whatsapp status and some people actually said that doubling your money in 3 years isn't a good Idea?

Someone even said anything that doesn't double his money in 1 year - ❌

I laughed...😅😂😂

Before I start explaining, I want to make some points.

1. If you networth is less than $1m, you are prolly a gambler. Yh, we are basically looking for things to multiply small money fast. That's gambling, and not what Real Investors do with all their money

2. There's a difference between making money (via a job or some'n) and investing money to make money.

3. There are many things that can double your money overnight, even scams. We know! the question is the sustainability.

You can find a Crypto, Stock, Startup that can 10x but..

Now, let's look at sustainable options that someone could invest in and see if that my friend can double his money COMFORTABLY in a year, for the next 10 years or so.

Remember, we are not looking for One night/year wonder... We want something sustainable to steady grow capital.

#RealEstate ?

Do you build/buy a rental property and make back that money in a year?

Landlords/Property Owners, please help me out here...

#Crypto
Lol, 😂
As much of a fan I am... We know crypto well.

It can give you 1million percent in a night, but better pray you are not caught in a crash and FUD'd into selling at loss! 😂

Great option to double money fast.
But what runs fast also jams fast, as you can see.

#stocks and/or #forextrading
#Cryptos elder bros, that're just a bit slower.

Better options, but can be a problem for you when you are gambling, instead of investing long term... Just like crypto.

#business
This is by far my best option.

Just that you'd need a (VERY High Cash Flow + VERY low Operating Cost) Business to double your money consistently. And to be honest, there are limited no. of them out there.

Remember, in business, Revenue is not equal to Income!

What else? If you have any other options... Please educate us in the comments below.

Bottom line:
Money doesn't fall from the sky.

Something has to yield that 1 million percent CONSISTENTLY to become a good investment plan.
If not, you are straight up gambling!
😂

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