Which is easier: Turning $100 into a milli, or turning a million into a billion?

[It is a mystery]

Interesting question I've seen on quora
What do y'all think?

 

[Diondon]

I wouldn't know, breh

 

[Bboystyle]

I would assume a million since u have far more money to invest which can generate much more income.

 

[Ain't That Something]

I'm broke nikka. If you have a way to turn a hunnid to a millI tell me now

 

[Supercoolmayo]

You have to ask coli billionaires

 

[Turbulent]

100 into million i think is easier. my reasoning is that

1. if you have the same knowledge in both situations, the types of hustles people will come up with to seperate you from your money will be more "common" and known to you if you have the million. billion dollar congame will be more sophisticated.

2. On the stock market, generally when you're smaller, you have more room and opportunity to grow. more options to double up. the bigger you get the less investing options you have that will be worth it.

 

[Remote]

I don't know.

But let's say you put $100 in the bank, earned 2% interest and didn't add anything to it. It would turn into a million dollars in 466 years.

If you did the same thing with 1,000,000, it would turn into a billion in 349 years.
So at least from a compound interest perspective, it's easier to do with a million.

 

[Turbulent]

I don't know.

But let's say you put $100 in the bank, earned 2% interest and didn't add anything to it. It would turn into a million dollars in 466 years.

If you did the same thing with 1,000,000, it would turn into a billion in 349 years.
So at least from a compound interest perspective, it's easier to do with a million.

for some reason, i thought it was the same proportions. yeah, 1000 to a million vs. a million to a billion would have been a better question.

i personally think 100 to a million is probably still "easier". they do call the first million the devil's million though... but if it was exactly the same investment, you're right.

 

[The BasedFather]

A milli into a billi. Buy a shytload of franchises or buy and rent out a bunch of property or buy out existing businesses. You also have the funds to start a business to compete with the big cats. You can also play around with stocks.

 

[lotteryplaya]

I voted for 100 into a million. We have thousands of pro athletes that became millionaires but only Tiger Woods and Michael Jordan were able to generate a billion dollars. You have Fanduel, Draftkings,casino sportsbooks, lottery scratch offs and regular lottery tickets that can all turn your Benjamin Franklin into a million dollars. Going from millionaire to billionaire sounds harder.

 

[Fillerguy]

Need money to make money.

 

[1 other person]

I think the first mil would be easier. There are tons of millionaires walking around but not too many people are billionaires. If turning a million into a billion was easier then it would stand to reason that there would be a lot more than there are now.

 

[Lazy Migrant]

I think a milli to a billi is easier. Theres only so much millionaires in the world so that can afford you to take on project the regular joe schmo cant even if they have the same idea or even better idea.

 

[aXiom]

A mill to a bill is easier.. damn near everyone in a first world country at any one point in their lives has "owned" a $100 bill.. ain't much you can do with that without help.. very few people have touched a milli..

The more money you have, the easier it is to make more.

 

[iBrowse]

As soon as I make money I spend money

So based on the aforementioned quote I say a million to a billion is easier.