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I want to take my investment of 300k to 10million in 10 to 15 year horizon.

If you figure out how to do that via investing, please let me know. Turning $300,000 into $10,000,000 in 15 years requires an annualized rate of return of around 26.34%. Doing it in 10 years requires an annualized rate of return of around 42.00%. I wouldn't put it completely outside of the realm of possible, but I certainly wouldn't count on it happening.

You'd need to get exceptionally lucky or do something like identify the next world-changing, large moat investment before the rest of the market did. Alternatively, you could start your own company with that cash and work to make it an attractive buyout candidate...

Here's the good news, though -- At a 10% annualized rate of return, $300,000 turns into $10,000,000 after just short of 37 years. If you add $25,500 per year -- maxing out a 401(k) and IRA for someone below age 50 -- then at 10% per year, your nest egg can turn into $10,000,000 after just short of 31 years. As a 46 year old, that gives you a path to $10,000,000 by somewhere between ages 77 and 83. Even that 10% rate of return isn't guaranteed, but it does mean that $10,000,000 net worth can potentially be achieved in your lifetime.

Regards,
-Chuck
Discovery/HR Home Fool
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