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I'd think of it as a two-step process. The second step is just make safe investments in, for example, mutual funds. Your money should double in value in abou
by MilnerRoute 4y ago
I'd think of it as a two-step process. The second step is just make safe investments in, for example, mutual funds. Your money should double in value in about 10 years -- maybe less, maybe more. So if you can get to $300 million, then another 20 years of basic compounding returns could easily convert that into 1,200,000,000.
But yeah, to reach that kind of 9-figure starting position, you'd probably need to invest in a wide variety of long-shot gambles, and then hope that you win more than you lose.