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Discussion » Questions » Finance » How long do you think it would take you to double $1 million USD, assuming you didn't need to use any for living expenses or waste it?
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How long do you think it would take you to double $1 million USD, assuming you didn't need to use any for living expenses or waste it?

Posted - May 1, 2017
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Responses


  • 6477
    I'd be useless.. I am sooooo not money orientated... I'd probably give it away, or lose it down the side of the sofa... 
      May 1, 2017 5:41 AM MDT
    1

  • 22891
    i could never get that kind of money
      May 1, 2017 10:45 AM MDT
    1

  • 1268
    You cannot do anything that you think you cannot achieve.
     
     How much money do you think you could get?
      May 5, 2017 9:00 AM MDT
    0

  • 7683
    If I can't use it and I can't waste it...I will donate it!
      May 1, 2017 10:42 PM MDT
    1

  • 1268
    but if you take $1 million and turn it into $2 million you have likely created some jobs along the way and if nothing else, you have twice as much to give away now.
      May 5, 2017 9:02 AM MDT
    1

  • 3191
    I think it would take time, but I guess how long would depend on the accounting and valuation methods used.  
      May 1, 2017 10:55 PM MDT
    1

  • 10997
    If I put it in the bank at current interest rates, eternity.
      May 2, 2017 5:28 AM MDT
    2

  • 1268
    That's for sure. That is why we need to think of creative ways now more than ever. The banks don't even keep us ahead of inflation. I don't know why anyone would have more than just enough for emergencies in a regular savings anymore.
      May 5, 2017 9:04 AM MDT
    1