Comment on Ask HN: What would you do to turn $100K into $1M in 3 years?parentComments−scott_siskind3yIt's not just that. It's an annualized return of roughly 116%, when for comparison, the US stock market has a long term return of roughly 7%.In the investment world, anything close to 10% return is usually highly risky, speculative.So it's downright unattainable, since the vast majority of the population which invests money gets returns that are 20x lower in a good year.
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It's not just that. It's an annualized return of roughly 116%, when for comparison, the US stock market has a long term return of roughly 7%.
In the investment world, anything close to 10% return is usually highly risky, speculative.
So it's downright unattainable, since the vast majority of the population which invests money gets returns that are 20x lower in a good year.