There are a lot of people who want to know how to triple your money in a short span of time. The truth of the matter is that it is very difficult to triple your money over a period of three years or so. However, if you can do it for five years or more, then that would be a completely different story. This article will be explaining to you some of the ways through which you can triple your money with little or no effort at all.
The first thing that you need to know is the rule of thumb that states that there are three things that influence the interest rate returns. These are the initial amount of money, the risk that you are willing to take and the rule of thumb factor that you use for calculation. All these three things affect your annual rate of return. For example, if you have a fixed initial amount of money and if you are willing to take a considerable risk in the form of interest rate changes, then your annual rate of return would be higher than the one derived from using the calculator only. It is also important to understand that even if the initial and the risk factors are the same, the annual percentage rate might still differ between them.
The most common way through which people attempt to triple their money is by using the fixed annuities and this is usually done by people who have a lot of experience in the field of finance. However, people who are relatively new to the area of financial risk management would be better served with the services of reinsurers instead. The reason for this is that a combination of both these products would help you get the best of both worlds, which is an annuity with a combined ratio and a good market value.
Here’s how it works. Let us say that we are looking at a scenario where we are going to invest our money into a mixture of a fixed annuity and a market indexed annuity. We will make a conservative investment in order to minimize our potential risks. Once this is done, we will see that the return on our initial investment has been multiplied by three, which means that now we would have a profit of ten thousand dollars. This is not impossible to achieve, provided that we are willing to take risks, and in fact, it is quite possible to triple your money within a very short period of time.
The reason why you can triple your money in the stock market is because there are certain conditions which allow you to extract maximum returns. For one thing, you would need to have a minimum invested amount, which could be as low as five hundred dollars. Another condition is that you would need to have a fixed period during which the market value of the stock or bond would rise over a fixed percentage. Once the market value of the stock or bond falls below the threshold, the money that you initially invested will turn into profit, and you will also earn some profit from the dividends.
In order to see how to triple your money with the stock market, you would need to know how the system works. Of course, in order to triple your money, it would be necessary for you to follow the right investment strategies. This means that you should invest in businesses that have potential for growth and in which you can profit. There are certain rules and regulations that govern these investments, and you should learn about these before you start investing your money. You should also read up about stock market news so that you would be aware of what is happening in the financial world at any point of time.