Are you millionaire material?

If you had $2,000,000 how would you turn it into $10,000,000?

Buy $2,000,000 in lottery tickets. You would have pretty good odds to make hundreds of millions of dollars.

invest heavily in real estate in majority white, upper middle class areas

I wouldn't. If I had $2,000,000, I would already be a millionaire, so I would just be really anal about spending

Id head straight to Thailand and blow it all on ladyboys

put it in a savings account

with a standard variable rate of 1.3% p.a if I invest $1,500,000 that's $19,500 per year.

that's enough to retire on

How is this fitness related?

Buy 2,000,000 worth of rental properties.
Pay someone to manage them.
Collect rents and reinvest until I am worth $10,000,000.

Success is always fitness related

Literally makes no sense

>Falling for the real estate meme
Want to know how I know that you are middle class?

follow the next Veeky Forums meme
from bitcoin, to GXY (up 5.45% today), to VR porn lol

Because that's a pretty easy bet on a place where there's people with leisure time and internet access on Veeky Forums?

Property management places tend to cut your profit margins pretty close to the bone, unless you know them personally I wouldn't go that route.

If you would be fine living on under 20k a year you might as well just use the money since 2m is literally enough for 100 years

>Poor sawdust gymfag detected

Flipping real estate is good money

this, literally anyone who has ever been poor in their life can live off of 2 million pretty comfortably

>l read one book on economics now l know everything !

FInd good real estate deals in Houston/Sugarland, Nashville, or Austin

How's NYC for real estate?

I'd use the two million and invest in a car wash.

Overpriced, 2 mil would net you dick.

He's 19, we all know everything then.

>Hey now gentlemen, you may not believe it, but I have 2, count em, T-W-O monitors at my desk, one with the Wallstreet Journal and the other with Yahoo finance. You could say that I'm an entrepreneur, or a wallstreet whiz kid. Heh, really, I'm the next Warren Buffet. I may only have $5000 my daddy gave me, but I for one can tell you that investing in an appreciating asset with minimal risk and real value is a chump move. I have all my money in BTC, tech starts and cancer drug companies, can't get rich without risk as I always say :^)

despite his memeing faggotry, BTC actually would've been a GREAT thing to pick up during their first crash, still kicking myself for not grabbing a few thousand when they were sub-$2

Probably put together a mix of high yield CDs, put some in a high dividend ETF, buy a property in cash in as low a taxable area as possible and put half of the rest into undeveloped land, holding the rest as cash. I've never been good at day trading.

Really I'd call up some connections in WM and see what sort of return they could net me, if I thought I could do better I'd shop around and then implement the above strategy and re-invest while working full time.

I have serious concerns over how liquidible BTC is.
Everything can go away in an instant and cashing out is tough
For high-risk types it seems like a decent play on the side but having any sizeable chunk of a portfolio tied up in BTC is bad news

Buying a $1,000,000 home, flipping it and selling it for $2,000,000 then repeat until you've got $10,000,000

>Thinking that 7 figure homes sell well if at all except for fragile, volatile markets where the assessed value of said property is maybe, MAYBE 70% of market value
Looks like someone hasn't been paying attention.