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How to turn £5,000 into £50,000 during the next recession

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Hi all,
With all the recent talk of a looming recession (and some saying we’re already in one), what would be the best way to turn £5,000 into a larger sum (say £50,000 or heck, even a million if we’re thinking big)?
With all the recent talk of a looming recession (and some saying we’re already in one), what would be the best way to turn £5,000 into a larger sum (say £50,000 or heck, even a million if we’re thinking big)?
This is merely a thought exercise - I’m more curious as to how the huge inflation we’re seeing currently will affect “traditional” ways of making money during recessions (eg. Buy low, hold and sell high for stocks, real estate etc.)
Thanks in advance!
Thanks in advance!
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Original mortgage debt: £128,000
Remaining debt (01/12/2022): £113,733
I think this is the wrong forum for this. Boost your income is about making small extra income to help make ends meet. I am sure there are lots of "get rich tomorrow" schemes you could research around.
:beer:
However there was a way to turn £5,000 into £50,000 in the 1970s. Just buy a house for £5,000 in 1972 and sell it for £50,000 in 1986
if you are fearless crypto arbitrage (very risky)
Christmas in December......Lawnmowers in spring.
Car roof boxes in the holidays.....garden furniture in the summer.
Etc. Etc.
You are unlikely to turn £5k of gold into £50k in a couple of years.