How to Turn $15k into $100k (10+ Methods)

By Forrest McCall •  Updated: 01/01/24 •  9 min read

Looking to turn $15k into $100k? There are plenty of options to grow your money, but I've put together some of the most reliable methods to build wealth.


Some of the best ways to turn $15k into $100k include:

  • Investing in real estate with Arrived
  • Investing in the stock market with Acorns
  • Starting a business
  • Utilizing retirement accounts

Best Ways to Turn $15k into $100k

1. Invest in Real Estate with Arrived

In my opinion, the one of the best ways to grow your $15k into $100k, is through real estate investing with Arrived. It offers an accessible route to get started in real estate without needing a fortune.

Arrived Homes Investing

And with Arrived, you don't have to deal with the hassle of being a landlord, because they do the work for you.

While investing in real estate might not make you rich overnight – it's a proven way to grow your money over time.

In general, real estate assets can generate returns of around 8% to 15% annually – making them a great option to build wealth.

2. Invest in Index Funds with Acorns

Investing in index funds is another great way to diversify your portfolio and minimize risk while still achieving solid returns. Index funds are a type of ETF that tracks a specific index, such as the S&P 500 or the Dow Jones Industrial Average. By investing in index funds, you are essentially investing in the entire market, which reduces the risk of individual stock fluctuations affecting your portfolio.

One of my favorite options for investing in index funds is Acorns. Acorns is an investment app that automatically invests your spare change into a diversified portfolio of ETFs, including index funds. It's a great way to start investing with as little as $5, and the app does all the work for you. Plus, new users will get $20 completely free!

Acorns Investing

Investing in index funds through Acorns is a great way to start building wealth and achieving your financial goals. With low fees and automatic investing, it's an easy and effective way to diversify your portfolio and maximize your returns.

3. Start a Business

Starting a business is one of the most popular methods to turn your $15k into $100k. It is also one of the most challenging methods, but the income potential is enormous. Starting a business can provide you with a steady stream of income for years to come, and it can also help you build wealth and achieve your financial goals.

One of the best things about starting a business is that you can choose from thousands of ideas that you're passionate about. You can start a retail business, an e-commerce business, or even a dropshipping business. The possibilities are endless.

Before starting a business, it is essential to do your research and educate yourself on the industry you plan to get into. It is also crucial to have a solid business plan and to understand the investment required to start the business.

Starting a business can be extremely profitable but it requires hard work, dedication, and perseverance. If you are willing to put in the effort, starting a business can be an excellent way to turn your $15k into $100k.

4. Make Passive Income with Bonds

Unlike investing in real estate, which often requires active management, bonds can offer you a more passive income stream.

By purchasing bonds, you lend money to an entity that pays you back with interest over time – usually the government of a company.

This can be a lower-risk investment option to consider as part of your overall strategy, especially if you seek a steady income with less involvement.

However, because of the lower risk, the returns can also be limited – which is something to consider.

5. Invest in Commercial Real Estate with Realty Mogul

Investing your $15,000 in commercial real estate through Realty Mogul offers a unique opportunity to build wealth by tapping into a traditionally high-value asset class, commercial real estate.

Commercial Real Estate

Realty Mogul allows you access to pre-vetted commercial real estate investments, which historically were accessible only to accredited investors.

Real estate crowdfunding with Realty Mogul is no guarantee of a quick return but can be a strategic move to grow your $15,000 into $100,000, especially with a long-term investment horizon.

6. Use Mutual Funds to Grow Your Money

One of the most popular ways to invest your money is through mutual funds. Mutual funds are a type of investment where you pool your money together with other investors to buy a collection of stocks, bonds, or other securities, very similar to index funds. They are a great way to keep a diversified portfolio, which means you're not putting all your eggs in one basket.

When you invest in mutual funds, you are essentially investing in the stock market, which can be risky. However, mutual funds are managed by professionals who have the expertise to make informed investment decisions.

Mutual funds are a great way to grow your money over time. They offer the potential for higher returns than other types of investments, such as savings accounts or CDs. However, it's important to keep in mind that mutual funds are not a guarantee of profit. The stock market can be volatile, and there is always a risk of losing money, so keep that in mind.

7. Make Money Blogging

Blogging is a popular way to make money online and grow your $15k. It involves creating content on a specific topic and publishing it on a website to get traffic.

One you have traffic, there are ways to monetize a blog, including advertising, affiliate marketing, and selling digital products.

To make money blogging, you need to have a clear strategy in place. This includes choosing a niche that has income potential, creating high-quality content, and promoting your blog through social media and other channels like SEO or email marketing.

Overall, blogging can be a profitable venture if done correctly. By following the right strategies and putting in the necessary effort, you can turn your $15k investment into $100k or more.

8. Start Flipping Houses

Flipping houses is a great way to turn your $15k into $100k. However, it's important to note that this might not happen instantly. You can start by flipping a house that's worth $10k.

To flip a house, you need to buy a property at a low price, renovate it, and sell it at a higher price. The key to making a profit is to buy the house at a price that allows you to make the necessary repairs and upgrades while still selling it at a competitive price. You can do this by researching the real estate market in your area and finding properties that are undervalued.

It's important to note that flipping houses requires a lot of work and can be risky. You need to have a good understanding of the real estate market and be able to accurately estimate the cost of repairs and upgrades. You also need to have the skills to manage contractors and oversee the renovation process.

8. Consider Investing in Cryptocurrency

If you're looking to turn $15k into $100k, cryptocurrency could be a worthwhile investment to consider. Cryptocurrency, such as Bitcoin or Ethereum, has shown significant growth in recent years and has the potential for high profit margins.

However, it's important to note that investing in cryptocurrency comes with high risk. The market is highly volatile and can fluctuate rapidly. It's important to do your research and understand the risks before investing.

One way to invest in cryptocurrency is through crypto trading platforms such as Binance.


Overall, investing in cryptocurrency can be a high-risk, high-reward opportunity. It's important to weigh the risks and potential profits before making any investment decisions.

9. Invest Safely with a High Yield Savings Account

When it comes to investing, it's important to consider your financial goals and risk tolerance. One safe option for investing your $15,000 is a high-yield savings account. These accounts typically offer higher interest rates than traditional savings accounts and are FDIC-insured up to $250,000.

A high-yield savings account can be a good choice for those who want to invest their money without taking on too much risk. It's a great way to earn interest on your money while keeping it easily accessible for emergencies or other unexpected expenses.

10. Consider Alternative Assets

When it comes to investing, there are many types of investments to choose from. While stocks and real estate are popular options, it's important to consider alternative assets as well. These assets can provide diversification to your portfolio and potentially higher returns.

One alternative asset to consider is farmland. Investing in farmland can provide a steady income stream through leasing the land to farmers, as well as the potential for appreciation in land value over time. However, it's important to consider the risks involved, such as weather and crop failure.

Another alternative asset to consider is investing in private companies or startups. While this can be a high-risk investment, it also has the potential for high returns if the company is successful. It's important to do your due diligence and research the company thoroughly before investing.

Overall, adding alternative assets to your portfolio can provide diversification and potentially higher returns. However, it's important to consider the risks involved and do your research before investing.

11. Build Your Retirement Accounts

One of the best ways to turn $15k into $100k is by investing in your retirement accounts. Retirement accounts such as 401(k), IRA, and Roth IRA offer tax benefits and compound interest, which can help your savings grow over time.

When investing in retirement accounts, it's important to choose the right investments based on your risk tolerance and investment goals. Consider diversifying your portfolio by investing in a mix of stocks, bonds, and mutual funds.

Retirement planning is a long-term strategy, and it's important to stay disciplined and consistent with your contributions. Consider working with a financial advisor to help you develop a retirement investment plan that aligns with your goals and risk tolerance.

Final Thoughts

If you're wondering how to turn $15k into $100k – there are plenty of options. I recommend sticking with proven methods like real estate and the stock market to grow your money over time.

Forrest McCall

Forrest is passionate about helping others grow their passive income streams so they can reach financial freedom. He has been quoted in many popular finance publications including Business Insider, Bankrate, CNET Money, and more.