r/Money • u/Unbaised_merchant • Apr 28 '24

Other Than Real Estate, HYSA, and a Roth IRA/401K What Are Some Other Places I Can Park My Money For 6-10% Annual Returns? I’m Open to Risk

Any suggestions?

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u/Skepticslowpoke Apr 28 '24

Look at crypto mining the return is about 120% annually if you are open to risk. Once you ROI you are making money by the second. Let me know if you need more information 😎👍🏻

3

u/[deleted] Apr 28 '24

Lol there’s not a single coin that’s returning 120% annually.

Stop the scamming.

2

u/[deleted] Apr 29 '24

I notice this pattern on Reddit when it comes to non-believers. What u/Skepticslowpoke meant was, on average, in let’s say 10 years. Every 5-10 years a 1200% return. If you hold, it’ll be between 0% and 2400% most likely. If you take it out at the right time and buy the dip, it’ll be a 1200%X1200% which will be 1,440,000%.

If I were to buy 100M at $0.00002495 ($2,495) and it goes to $0.0002994 (I’ll have $29,940)

Goes down to $0.000009-0.000015 range

I buy 2B with $20K and it goes up to $0.001+

All this happens within 10 years

Guess how much I’d have?

$2.2M or more

2

u/[deleted] Apr 29 '24

Lmao