Member-only story

10 Ways to Turn $100k into $1 Million in Today’s Market

I was in this position at one point

Karthikeyan
Practice in Public
5 min readJan 17, 2025

--

Photo by rupixen on Unsplash

There are a few factors that we should consider; first, the current state of the economy is pretty darn good, but with lots of indications that it will not be good for very much longer — so that said, it might be worthwhile to focus on making money during a downturn economy.

Note: If the economy is still good, I would suggest that you find a way to find another person with a similar situation and see if you guys can JV on some stuff.

Next, think of big-ticket items or high-volume transactions where you can middle yourself in. Ideally, I would rather find one large transaction than many small ones — or a commodity.

  1. Real Estate. As mentioned elsewhere in another post, it is possible to find a fixer property in a nice area and then fix it. Then resell it for a profit. Rinse and repeat; if you spend 80,000 on your first flip, then sell it for $100k, then you net $20,000… Don’t take the profit, instead reinvest it and you will eventually compound your money.
  2. NOTE: Indian real estate might be the most steady growth: see India Real Residential Property Price Index
  3. Automotive. I’m a bit of a car guy, and so I like this one, but it’s not for everyone. You can flip cars. In…

--

--

Practice in Public
Practice in Public

Published in Practice in Public

If you want to become a better writer, you have to hit the publish button. Notes and drafts don’t count. Practice in public helps writers get off the sidelines and turn pro.

Karthikeyan
Karthikeyan

No responses yet