Post
Topic
Board Economics
Re: How would you double $100,000 safely?
by
Finestream
on 06/10/2016, 01:51:18 UTC
Put 100,000 in a bank high interest paying bank account/product. Say 1%.

Use the 1000$ as a stop loss and trade(only if you know how) stocks. Or buy stocks and write calls.

Generate decent returns which will turn your money to double in a decent time frame.

 
You cannot get good return putting your money in the bank as bank is only good for savings not investing. I would rather advise you to put a lending business and offer an interest like 3% to 5% per month with a shorter term so you can roll your capital. I have seen many people getting rich in lending.