How can I turn 500 into a million?

For $500 to reach $1 million, your investment would have to double about 11 times. If your investment earns a 10 percent average annual return and doubles approximately every 7.2 years, it will take about 79.2 years for your $500 to reach over $1 million.

How can I legally flip money fast?

How to Make Money Fast Legally

1. Selling items online. You can start by selling your own possessions, like clothing or home goods, for a quick profit.
2. Getting involved with affiliate marketing.
3. Freelancing.
4. Working a temporary job.
5. Renting out a room.
6. Enhancing your skills.
7. Retail arbitrage.
8. Domain name flipping.

What is the hardest part about turning $500 into $1000?

The hardest part about turning $500 into $1000 is letting those crisp $100 bills out of your sweat-drenched hands. Often we forget that we have to spend money to make money. That phrase alone can paralyze us into leaving our money in a lonely checking account that just gathers dust.

How much would you get back from your $500 investment?

Actually a majority of the time, most people would be happy to make their money back. Some like to see at least a $100 or $200 gain from their $500 investment. For those who want to just get their money back, as I’ve already showed in 1975, we’re almost there.

How to start an online business with $500?

If you have $500, that money can go a long way in creating an online business. Online businesses can be started with a simple website or social media account. No longer do you have to deal with the overhead of a brick and mortar space. Try not to delay in choosing what your online business will be.

How much would it cost to invest $500 in 1970?

In 1970, I show investing $500 with total upfront charges of $29. After a years’ time, the mutual fund averaged 5.15\% for a total end-of-year value of $495 so after one year, after paying sales and commissions, he’s down $5.

https://www.youtube.com/watch?v=xnuIID_EIvk