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I know that similar questions have been posed before. Usually more like from $1,000 to one million in one year.
However, since it is often claimed that it is more difficult to go from $1,000 to $10,000 than to go from $100,000 to $1M, I would be interested in your ideas and suggestions on how to achieve the latter in say one year.
The reason why I bring it up is twofold, first I myself am actually really struggling with this question and secondly the economic conditions are different from those that were experienced at earlier dates when comparable questions may have been posed here on the forum.
To narrow down the possible answers to suggestions/recommendations that fit with my afinities I can indicate that I have decided to stay away from investing in the stock market for a few years. In addition I don't have much affinity with real estate, apart from the house I live in.
Sorry for including these limitations.
Thank you in advance for your valued contributions.
However, since it is often claimed that it is more difficult to go from $1,000 to $10,000 than to go from $100,000 to $1M, I would be interested in your ideas and suggestions on how to achieve the latter in say one year.
The reason why I bring it up is twofold, first I myself am actually really struggling with this question and secondly the economic conditions are different from those that were experienced at earlier dates when comparable questions may have been posed here on the forum.
To narrow down the possible answers to suggestions/recommendations that fit with my afinities I can indicate that I have decided to stay away from investing in the stock market for a few years. In addition I don't have much affinity with real estate, apart from the house I live in.
Sorry for including these limitations.
Thank you in advance for your valued contributions.
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