If someone makes 1 billion dollars in a year online, what are some ways to invest and double that net worth?
Question by sportfan3224: If someone makes 1 billion dollars in a year online, what are some ways to invest and double that net worth?
I want to know how investing works. For example, if a business makes 1 billion dollars and decides to make money away from that business, how would one go about this? Real estate is the only investing method I know of. I need like a residual income example(s). Thank you so much, I’m just getting into investing! God Bless.
Best answer:
Answer by muaythaiguy
Well you can buy stocks.
If I had 1 billion dollars, I would buy stocks such as Coca Cola that yield steady linear gains and are a solid business with a unique product that has a good management team.
For now I only have $ 3000 because I’m 16, so I’ve been investing in Penny stocks. In order to get rich on only 20% a year with my 3000, I’d have to keep a stock such as Coke for 50+ years.
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