dollar bills next to a calculator to calculate how to make money quickly

Do you wish to double your financial gains? It’s difficult these days to use a checking account to generate any sizable quantity of money because interest rates are now so low. Investors sometimes need to assume some risk in exchange for the chance to potentially triple or even quadruple their investment.

There are several choices with little risk that can help investors attain this level of profits over time. Meanwhile, there are also a number of high-risk, high-reward choices available for people who want to double their money rapidly and reach for the stars.

Real Estate Investments

The greatest approach to double your wealth is through real estate investment. Because assets naturally increase in value over time, almost all property investments double in value.

There are five strategies to invest in real estate to double your money:

  • Rent per space.
  • Fix and Sell
  • Short-term rentals.
  • Buy and Hold
  • Utilize data on property investment.

Rent per Space

If you’re renting out a house to renters, you can think about renting out individual rooms rather than the entire property to one tenant. This is a great approach to boost your income flow and optimize the value of your property.

There are several markets where renting out single rooms makes sense. The ideal markets are university towns and high-density metropolitan regions, where more tenants are looking for short-term leases or where there is a higher rate of tenant turnover.

Some renters could be turned off by the higher rent. By enhancing the property or providing utility-free dwellings (these are suitable places for solar panel installation), you might increase the rental’s appeal.

Fix and Sell

One of the easiest methods to profit greatly from real estate is to fix and flip. You may produce a large return in a short period of time thanks to this method as well.

The most difficult aspect of carrying out a repair and flip is figuring out how to keep the remodeling expenditures low. The best option is to learn how to perform simple renovation tasks on your own, such as installing flooring, painting, or gardening.

Only more specialized labor, like roofing or plumbing, should be left to professionals. Find the balance between top quality and lowest price when selecting a contractor. The house just has to be made attractive enough to increase its property value without having to be transformed into a Bel-Air mansion.

Short-term Rentals

Long-term rentals are frequently less profitable than short-term ones. You may charge greater rates more frequently with short-term leases. In particular, this is true with holiday rentals.

It is conceivable that a holiday rental may bring in as much cash in a week as a rented home would in a month. You may make a load of cash renting out your house to tourists if it’s in a prime location.

Short-term rentals provide a challenge since you will need to perform maintenance and repairs more regularly. If you don’t properly manage these expenditures, they might significantly reduce your income.

You’ll want to strike a balance whether employing cleaning/repair businesses or property management services, just as you would when undertaking a fix and flip. A property management business could take between 10% to 25% of your earnings, but they’ll also handle the administrative and promotional tasks necessary to maintain a high level of reservations.

Buy and Hold

The most established real estate investing tactic is “buy and hold.” You’ll invest in real estate and keep it for a while until it increases in value. The amount of the value escalation in your property will determine your profit.

Finding a home in a developing area, especially one that is undergoing reconstruction, is the key to purchasing and holding.

Buy and hold is a long-term investment approach. If you’re attempting to save for retirement and want consistent and dependable returns, you should give this plan top priority. But for short-term investors, it’s also a smart diversification option—for example, it may be safer to use one or two buy and hold assets to balance out a run of repair and flips.

Utilize data on property investment

You may use real estate investing data to make wise investment choices. You’ll learn from investment data about:

  • Prices in both the local and national markets.
  • The characteristics and preferences of homebuyers.
  • Legislation at the federal and state levels might impact the housing industry.

Real estate investors regularly have to keep up with this data. Make it a routine to monitor the real estate news each day before you start your day or before you go to bed. On a variety of websites, including and, you may research market trends. Make a note of them and return frequently.

To assist you in budgeting for property investments, you may also utilize a real estate calculator.

Data on real estate investments can help you foresee a more complete picture of potential investments and boost your returns.

savings account data from a person's bank account

Investment Strategies to Double Your Money

Avoid falling into “get wealthy quick” scams. Everyone would be doing it if there were a simple way to quickly double your money. You must be committed, disciplined, and patient if you want to enhance your investment income as rapidly as possible.

High returns are the greatest method for investors to double their money. How do you manage that? Simply employ one of these investment techniques.

Invest in an S&P 500 index fund

One of the most appealing methods to double your money is to invest in an index fund based on the S&P 500 index. A stock fund is less dangerous than a few individual equities, even while it carries more risk than a standard CD or bonds. A great option for long-term investing, the S&P 500 is made up of around 500 of America’s biggest and most successful companies.

The S&P 500 also offers an alluring long-term return, with long-term returns averaging roughly 10% annually. This means that, in general, it will take you slightly over seven years to double your money. Nevertheless, the yield in any given year is most likely to vary much from the average – either higher or lower. The S&P 500 could also experience protracted losing streaks. For instance, the index returned less than zero in the 2000s. In the decade of 2010, the S&P 500 reformed it by replacing 252 percent, or more than doubling.

Purchasing an S&P 500 index fund is simple, and it does not need a great deal of knowledge.

Bond Investing

It’s beneficial to invest in both stocks and bonds to diversify your portfolio. That will safeguard you in the event of a recession or a difficult financial moment for the business you’ve invested in.

Bond returns, which range from 5% to 6% yearly, aren’t the highest, as was noted in the previous section. However, they are far safer than individual equities, and they often produce steady returns, which is advantageous for budgeting.

Safety is really important. A 10% return may seem like a terrific approach to double your money, but if the stock price drops or the business fails, you might lose all you invested.

A bond can be a great investment choice for you if you have children or more significant financial commitments, or simply if your focus is capital preservation rather than aggressive growth.

Get a 401k Plan

Welcome to some of the easiest money you’ve ever earned. By utilizing a company match on a 401(k), you may double your money with the least amount of effort or risk. Then you may continue and make use of the tax advantages of the plan to increase your retirement savings.

Many firms provide cash rewards to workers who make retirement account contributions on their own. Employers may, for instance, match a tiny portion of the money you put into the account; for instance, if you contribute 5% of your income, your company may also contribute 5%. That is the simplest and least dangerous method to create money, yet you still receive all the wonderful advantages of a 401(k) plan.

If there is a drawback, it is that certain employers do demand that you work for them for a specific amount of time—typically three or four years—before the matching funds are completely vested.

You may calculate how much money you can save for retirement with a 401(k) calculator.

Trade Cryptocurrencies

Whether it’s Bitcoin, Ethereum, or Dogecoin, the volatility of cryptocurrencies presents a trading opportunity for speculators. Of course, there is a chance that you may lose money, but if you want to swiftly double your money, potential losses are always a part of the deal.

While several cryptocurrencies have increased in value over the past year, they may also fluctuate greatly, making it difficult to hold onto them when they decline. When prices drop, it might be tempting to exit. This usually means an investor has bought high, sold low, and then cashed out, which results in your money going into someone else’s pocket rather than your own.

If you can’t manage your positions, it can be easy to lose money on cryptocurrencies, and there are many simpler ways to double your money.

Stock Market

The quickest approach to achieving very big profits is using stock options. But because it involves a lot of guess work, it’s also the riskiest approach.

A contract – known as an ‘option’ – offers you the freedom to purchase or sell a set number of shares in a firm (often 100) at a pre-determined price and at a defined time in the future.

For the alternatives, you have to spend more money. A “strike price,” which may be less than or more than the share’s value, is the price at which you can purchase or sell before the contract expires.

There are two options in the stock market for trading:

  • Put Option: Permits you to sell stocks at a predetermined price prior to the contract’s expiration.
  • Call Option: Permits you to purchase stocks at a certain price prior to the contract’s expiration.

Options may be used in your investment plan in a variety of ways. However, if you want to double your money, you should make a prediction about whether the stock price of a firm will increase or decrease, and then buy options in accordance with that prediction.

Stock options should not be used unless you are an experienced investor. They are challenging to invest in since not only must the equities grow or decrease in accordance with your forecast, but they also must do so within the time limit specified by the option.

Returns of 10% or more might result from a profitable options trade. However, there is a great deal of guessing involved, and it is fairly unpredictable.

a man is observing the financial markets for index funds

Oversold Stocks

The greatest time to acquire stocks is when the price of the company occasionally drops and you can buy a lot of shares for a cheaper price.

That does not imply that you should invest in shares of underperforming or wildly overpriced firms. The objective is to purchase oversold stocks.

A thriving firm can experience sporadic slumps, which may cause nervous investors to liquidate their shares. If you think the firm will recover, take advantage of the chance to purchase more shares for a lower price.

If you’re going to look for oversold stocks, you must understand stock research because individual stocks are a high-risk investment. Researching stocks will enable you to comprehend:

  • The company’s ability to recover and maintain profitability
  • Whether a business has capable management and a sound business plan
  • Why did the shares of the firm first fall? Was there a money worry? Changing of the guard? New adversary? Overhype?

You may determine if the stock will appreciate in value and offer large profits by using these variables.

Investment Accounts

Savings accounts are the traditional approach to growing your money. While it would take years to double your money in a savings account, they are a solid method to increase your money without difficulty.

Savings account interest rates used to be much greater in previous years. They were almost at 5% before the Great Recession. It’s difficult to find to go above 1% these days.

Savings accounts provide liquidity, which is critical to any investing strategy. Liquidity is beneficial in a variety of ways, including:

  • Financing for a tiny company concept.
  • Putting money aside for a financial asset.
  • To handle corporate costs, liquidity is required.

Business Investing

Company investment is no longer reserved for the extremely rich. Putting your money into a neighborhood brick-and-mortar business has the potential to multiply it.

Mainvest is a crowdsourcing website, similar to Fundraise, that enables users to put money into regional – or if they choose – national enterprises.

Opportunities that may arise include:

  • Brewpubs
  • Theaters
  • Food trailers
  • Eateries
  • Commerce

To register an account with Mainvest and begin investing, all you need is $100. If you want to broaden your assets or have little capital to invest, this is a great alternative.

To create an account, individuals do not have to be accredited. To begin, you must be at legal age and also have a bank account. A retirement account or a non-retirement account can be used for investing.

Mainvest charges no fees and distributes money in quarterly chunks. Ten to twenty-five percent possible returns on your money, according to the firm.

The proposition is not suitable for those hoping to make a quick investment. It might be a wonderful option for diversification if you’re okay with keeping the investment for a while.

Start Your Own Side Hustle

It’s wise to seek elsewhere if your regular salary isn’t giving you the financial security or independence you desire. It could be time for you to launch your own side venture. This does not imply that you must immediately put all of your funds into a business opportunity you find on the internet to test its viability. Instead, the aim here is to make an investment in yourself and determine which of your talents or interests would be most useful.

There are various ways you may start a side company using the resources you already have, which can often be completed totally online. Here are just a few suggestions to start things moving:

Sell photography

While there are countless chances online, there are particular markets where selling photography is competitive. To further understand what is available, look into websites that purchase and license photos. If you have a passion for photography, you could find that you can utilize this pastime to eventually augment your income.

Freelance GIGS

Are you a freelance writer, designer, or programmer? To locate freelance gigs, look through well-known platforms like Linkedin or Upwork. You may use your abilities to earn extra cash and perhaps expand your own business.

Virtual Assistants

Depending on your skill set, being a virtual assistant might have been your first option when establishing a side company. Search the web for virtual assistant positions that work with your schedule before applying.

Affiliate Marketing

Take into account working as an affiliate marketer for a business you care about if you have a sizable social media following. In essence, you may get paid for sending clients to that company.

Becoming an Influencer

Who’s to say you can’t be one of the hundreds, if not thousands, of Instagram influencers online? Think about “micro-influencers.” These social media specialists frequently have only a few thousand followers, yet they are nonetheless able to generate a respectable income through sponsored content, giveaways, and Instagram takeovers.

a woman is planning a side business to make money quickly to achieve her financial freedom

During the COVID-19 epidemic, numerous people have also achieved success online utilizing marketplaces like Etsy, selling handmade crafts and other items. The idea is that there are several opportunities to launch a side company. The best choice will depend on your current interests and skill set. Your starting money shouldn’t be depleted by these options. Instead, they ought to improve your financial situation and aid in raising your general revenue.

High-Return Investments

The riskiest investments are typically those with the best returns. In contrast, lesser-risk investments typically offer lower returns.

The best gains are generated by blue-chip equities, which typically yield 10%. Individual stocks, on the other hand, are also regarded as high-risk. They also carry bigger potential for you to lose money, particularly if you plan on keeping the stocks for just 3 – 4 years.

However, low-risk assets like government securities, which only produce 5% to 6% returns, are difficult to get enthused about.

The wisest course of action is to compromise. It is highly recommended to choose broad market index funds and ETFs since they are guaranteed to produce greater returns while posing lower risks. Look for ones that follow the S&P 500, a historically dependable, well-diversified index.

Keep in mind that investing for a prolonged period of time is safer and simpler than relying on risky returns.

Final Thoughts

By investing more money, developing a long-term investment plan, or looking for products that offer greater returns, you may double your money (retirement plans, stock options, and oversold stocks). You might want to think about making real estate investments in buy-and-hold, fix-and-flip, single-room leases, and short-term rentals if you want to double your money. You may pick the kind of real estate investment that is best for you with the aid of property investment statistics.

It goes without saying that investing in real estate alone is more difficult than investing in a group. You still need to educate yourself, choose wisely, and understand where to invest your money in the vast world of real estate. That can be intimidating if you’re not an authority on the subject. However, if you invest with Peoples Capital Group, you can rest easy knowing that your money is heading in the right direction. We will provide you with the most historically secure investment solution that money can purchase using our knowledge and expertise.

Give us a call at 908-464-0400 now and start investing!

Aaron Fragnito

Aaron Fragnito

Aaron has been helping people invest in Real Estate for over 10 years. He is a Co-Founder of Peoples Capital Group (PCG) a real estate investment and holding company. He is a full time real estate investor, as well as, the host of the New Jersey Real Estate Network and host of the Passive Cash Flow Podcast. Aaron has previously completed over 100 real estate transactions as a realtor and another 150 transactions in his current role as a real estate investor.

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