How to turn 100k into $1 million in 5 years?

Turning $100,000 into $1 million in just five years is an ambitious goal, but it's not impossible. However, it requires careful planning, strategic investments, and some level of risk tolerance. One approach could be to invest in high-growth assets like cryptocurrencies or stocks in emerging industries. These types of investments can offer high returns, but they also come with significant risks, so it's important to do your research and diversify your portfolio. Another option is to look into real estate investments, which can provide a steady stream of passive income through rental properties. However, this approach requires a larger initial investment and may take longer to see significant returns. It's also worth considering alternative investments like peer-to-peer lending or commodities trading, which can offer unique opportunities for growth. Ultimately, the key to achieving this goal is to have a clear plan, stick to it, and be prepared to adapt to changing market conditions. Do you have any specific strategies or investment options in mind for turning $100,000 into $1 million in five years?