If I had $300 to invest every month, can I make it $300,000 by the end of 4 years? What are my options? How do I educate myself about my options?

This question and answer originally appeared at Quora.

You’re looking to receive a 200% compound annual return.

You can’t realistically expect to earn this from an investment – you would be more likely to lose your money than turn it into $300,000.

From an investment perspective, you need to significantly adjust your expectations -they are unrealistic.

If you are committed to turning that money into very large amounts of capital, then you can’t be an investor but you need to become a business owner/operator.

That’s very different to investing. I would suggest reading as many small business books as possible – Perhaps you can start with the E-Myth?

I hope that helps

This answer first appeared here.

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Mark Underdown

Financial Planner, Small Acorn Money

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