How to Invest 1,000 Dollars (and Double It!)
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How can you invest $1,000 and double it, triple it, or even more?
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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.
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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
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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
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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
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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
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This is honestly the best chance at
free money
you’re ever going to get.
Double Your Money Instantly by Investing $1,000 in Your 401(k)
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to learn how to save money and invest!
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