I have $100,000 to invest but want to safely double it in a year. Any suggestions?
Investing this kind of amount is not a joke. Investing to bitcoin doesnt guarantee you can double that safely. We all know bitcoin is volatile. Once it crashed. You're done. Theres a bank where you can invest your money. I think thats more safer. There are no way you can double that money easily. But if you want to double that amount quickly. Then you should go for bitcoin. But it will be risky. Try a make business like restaurant, store and other things like that.
For sure it is always risky to invest such a huge amount on internet.. no matter on what you are investing them... that is why i also feel investing them in a real life business would be much better because there you can control your money yourself but on internet others will do that...
If you invest in a certain business in your local area, yes, you'll surely be able to keep an eye on what's happening, but such an investment takes many years to pay off.
Why would you spend so much time into a business that might have some potential right now, but doesn't guarantee you that it stays like that for many more years.
We're living in an economy that is changing faster than every before. Something that is cool and smooth this year, can be something that is making you lose money the next year.
It's not for nothing that a lot businesses have gone down in the last 5 years. Competition is very intense. If you can't shape your business to what people want, or don't spot it on time, then it's over.