How to Invest 1,000 Dollars (and Double It!)
How can you invest $1,000 and double it, triple it, or even more?
Depending on your skills, tolerance for risk, and timeline there are all kinds of ways to invest 1,000 dollars and turn it a lot more.
If you put $1,000 in the stock market, and it returned 8%, in 9 years you would double your investment.
Double Your Investment With Time
The Rule of 72 is a rule of thumb that says how long it will take to double your money given a fixed interest rate.
The Rule of 72
If you are willing to work hard, there is no limit to the amount of money you can earn.
Double Your Investment With Hard Work
This is closely related to hard work, but there is less of an element of trading your time directly for money, and more emphasis on learning a skill.
Double Your Investment With Skill
This is honestly the best chance at
you’re ever going to get.
Double Your Money Instantly by Investing $1,000 in Your 401(k)
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