But yeah, if you're talking USD, then one could easily live comfortably for five years in Vietnam/Thailand for $20k/year. (Although you could easily live in a ton of countries if you pick your town/city/area correctly) Then smash out all those side-gig bootstrap ideas that come to mind. If you can build MRR of approx $6k, then you've effectively built up the equivalent of $1M earning 7% in the bank.
Actually, my latest company was started 3 years (and nearly a month) ago, and is now earning easily that in revenue from one of its Saas products, so yeah, it's definitely acheivable.
High risk appetite: You might see massive returns, but will most likely lose a lot (e.g. gambling, speculative stocks).
Low risk appetite: Achieve much smaller returns, but the chance of any loss is much lower (e.g. blue chip stocks, bonds).
Maybe you're asking how to earn massive returns with minimal risk? If I knew, I wouldn't tell you. I'd be busy taking advantage of the opportunity. If a stranger on the internet wanted to share their secret on how to make 10x your money in 3 years, it's almost certainly a scam.
Sorry, there are no easy answers.
But I also think we're undervaluing the possibility of just hanging on to $100,000.
Assuming that you get paid monthly, that there are no caps on the product, and that you get the same margins consistently:
A product with 100% margin will have you grossing $1 million in four months.
A product with 50% margin will have you grossing $1 million in six months.
A product with 25% margin will have you grossing $1 million in eleven months.
A product with 20% margin will have you grossing $1 million in fourteen months.
Even a product with a mere 10% margin will have you grossing $1 million in a little over two years.
It doesn't really matter to do that in 3 years you're gambling.
If you have a business that you're passionate about and are willing to spend huge amounts of energy on you might be able to generate that sort of money with 100K starting. However I'd argue you're putting in a lot more than $100k. You'd have 3 years of lost earnings.
The trick is to find something that you can buy low, sell high consistently. Obviously in the above scenarios you are reinvesting all your gains to operate with ever greater amounts of capital. It would also be prudent to pick transactions at some small fraction of your total.
BUT ... it is unlikely that you can implement the above as a passive investment and it might require to do a considerable amount of work. Oh well .... them's the breaks!
1. Move to cheap COL.
2. $100k = 3 years run way, and some modest expenditure (ads, servers, etc)
3. Build a bootstrapped business.
4. You might have $1m or be on your way to it.
DINK = Dual Income, No Kids
SINK = Single ""
COL = Cost of living
Or downpayment on home in upcoming area while working at FAANGs leetcoding and playing offers off each other. Renting all your rooms out, sleep in garden tent.
Alternatively, look into REIT limited partnerships.
If you’re high risk, low time then I’d just put it all in Ethereum.
If you have a large amount of time, I’d start an online business and use the $100k to hire international contractors.
moving companies are money printing presses.
since ai art is popular right now, make it better than lensa.
hire influencers with a 20% cut if they refer your app.
invest in pr & aggressive marketing in addition to that.
if you do it right, this should turn your $100k into $1m in <3 months of launch.
if you don't get it done fast, then you can try instagram photoshoots or try to automate onlyfans with an ai.
this will take some work but its a sureshot way to make >$1m with the ai hype.
Remember - before you buy something - be quite sure you can sell it quickly and that you won't lose money on it.
Will take prolly 8 years though. But you have 25K available cash as a margin loan/credit line.
2. Pump
3. Dump