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How much would you invest / pay if the profit was $930,834.45 for it to be a good return on investment? ?
3 Answers
- Still StandingLv 45 hours ago
It depends on how long it would take to see that profit before anyone can give you a real answer. A million is not much at all . It will get you a nice house. Or a nice boat , not even a yacht, so it had better be producing pretty fast , anything other than a very short time is not good. Long term and the cost of living will kill you. A house bought for 400 grand in 2000. today it is a million plus ...20 years . So that tells you the rate of inflation. fast and furious. A new Corvette cost you 35 grand 20 years ago , that same one will cost you 100 grand today, it is approx. the same ratio as the house , inflation has gone up in twenty years.
So that 930 grand better rise quick for not much of an investment , or you will lose.
- Rick BLv 76 hours ago
If I invested $100 and got a profit of $930,834.45, that would be a good return on my investment.