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 I just inherited $1.5 Million. How do I invest it? |
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shyjesta | I have 100 dollars how can I turn it into 200 dollars in a weeks time? |
without gambling,stealing,magic tricks, I want a good solid answer from people who have made money. I want to be a millionair someday, yet how can I make a million when I can't turn 100 bucks into double. now all you apprentice fanatics, get me some answers or your fired!
Additional Details
wow, didn't think I would get an answer, doubling a 100 bucks is possible guys, trust me, I can't wait to find that small percent that knows how, oh by the way, i forgot to mention not INVESTING IT for example in a CD which gives you what pennies a day? or a savings account, no stock, leaning more towards reselling, service, but hey I like the scratch out the 1 and put a 2 in it. I might just try that and sell it on ebay for umm lets say 200 bucks, j/k |
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tobykeogh
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i once turned 6 grand into 14 grand in about a week by trading stocks based on momentum. $100 is harder to double because the trade fees are $11. so like,,, you actually have to get it to $222 before you double it. the market is so dead now anyway though. it's been ages since i've bought a stock.
you should definitely learn how momentum trading works though. go on-line at about 11:30 am and try to find the top % gainers for the day. (i use ameritrade because i have an account, but you could use like AOL financial or something.)
anyhow,,, you should be able to find the top 5 or 10 gainers (PERCENT gainers!! not dollar gainers) for nyse, nasdaq, and amex. so that's 15 to 30 stocks. examine the daily chart for all of these. if you are lucky, you will find one or two that have been steadily gaining since 9:30 am. (you want a diagonal line, not horizontal.)
then fake buy them. (only buy high volume stocks though!!!) write down the time and price, then see how much they go up. chances are they'll continue going up. that's the momentum.
stocks are dry these days, but it's not unreasonable to make 25% in a day, and if you make 25 % three times, then you will have almost doubled your money. (check my math if you don't believe me.) of course,, because of the whole t-3 regulation, you have to wait 3 days before trading again. but,,, oh well.
before you use real money though,,, make sure you understand what bid and ask prices and bid and ask sizes are.
good luck., and don't cry if you lose instead of win. this stuff is risky.
oh and one more thing,, you never wanna hold onto a momentum stock for too long. you should own it for maybe 52 hours at the most. lots of the times though, you should sell it the same day that you buy it. you kinda have to guess based on the chart. |
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Matthew S
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Purchase some nice leather knee-high boots and walk down the street... |
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jorim
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ha ha good question. ok here is wat u should do- strike out the number 1 in the 100 dollor note and then write 2 in the place of one. hope u understood wat i meant.. hahahahaha |
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fusionh2wlh
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Better to start with $1000 by investing in the mini dow index....to meet your goals. Perhaps you should talk to my son about accomplishing your goals.... |
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Greg
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Use the cash to buy a cheap, used lawnmower and a few cans of gas. Start mowing lawns, and if you do a few per day, you'll hit the 200 mark. |
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Da mon
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Do you have a job...............? |
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mel
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can't do it in a week, but you could double it in 8 years with a cd, though you'd need more to open one. |
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somestranger
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rip in half? am I hired??? |
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kerbourchardalan
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new shoes, new hair cut, nice clothes, and get a job |
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dslcobra
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Buy $100 worth of weed / crystal meth, place it into smaller amounts and sell them at a gay club for twice the price. |
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Frank Castle
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I suggest you to wash dishes at any restaruant for $4.15 USD per hour and get paid at the end of the day with cash and you will have $100.00 USD more in less than a week.
I asume you already have a job.
Keep washing dishes until you have at least $2,000.00 USD and open an brokerage account at TD Ameritrade and then I can explain you how to turn $2,000.00 USD in $4,000.00 USD
Top 4 Answerer in Business & Finance. (Vote for me. I just need 100 more votes) |
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iloveit_yaya
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send your money..along with your credit card details and pin number...and ill sent you $200 next week....i promise... |
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puttingmorecreaminyourmilk
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selling drug would have to be the way to go |
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cosaxteacher
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Without doing the options you said, you can't do it. It isn't possible. Most of the people that are millionaires did it by hard work, being smart with their money. No get rich quick schemes. |
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dromyl
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well mr. if u dream of being an millionare some day.
u should b smart enuf 2 think urself n act of how 2 make 100 to 200 in a weeks time.
putting question here makes me doubt ur capabilities.
but still u can do this smartly in NASDAQ or DOWJONES.
if u know it how |
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shadowkat
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If I knew (and could duplicate this many many times), I'd be a millionaire too. Work an honest 40-hour day job at minimum wage, you'd easily get your $100 and more. |
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alex_sublime
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you've got to be kidding. Maybe with a pair of scissors? |
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Christopher D
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In a week's time? I'd like to see the answer to this one. Probably out to buy in bulk and work your butt off to sell high. |
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UrbanNightmare
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Ask people you know if you can get a good hook up on something to sell. People who work for companies that manufacture products can usually get you some sort of employee discount. Find something you think people would buy and sell it on ebay. It's not guaranteed, but you get the idea. Try to do it several times, you may even end up with more than $100 profit in a week if you get a popular item for cheap. Even good used products can turn this kind of profit. |
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s!
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Buy candy wholesale, and sell it to your friends and family for a dollar a bar. |
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final_fantasy
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photo copy..lol..joking .try working!! |
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lad1177
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Hi, If your serious about what you say then please visit the link below.
http://www.3stepsecret.com/sources4 |
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But why is the rum always gone?
 |
If you think there is an easy answer on yahoo, you can forget it. People who try to get others to invest money always talk about a "system," but they never get around to telling you what the system is until your money is in it. You can't just turn money into more money because the wealth you generate has to come from somewhere. In the end, it is far easier to be left short on "systems" than it is to prosper.
My advice would be to find places that have big giant carboard cut outs of Johnny Depp from Pirates of the Caribbean. Buy one, or in some cases, get it for free. Then, sell it on eBay and overcharge for the shipping and handling. it is likely to bea good seller, and some places, lile video game stores get rid of those standess fairly quickly to make room for the next hot game. My wife and I got life size Jeff Gordon this way for free. We wound up shooting it with BB guns, and then found out we could have sold it for as much as $50! Johnny Depp as Captain Jack Sparrow has got to be worth more than Jeff Gordon! (Guys think he is cool girls think he is hot) |
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waymar476
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send to me acc no 065433 2345432689 will earn intrest send you $200 in weeks trust me! |
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girly wirly
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there r no legal ways of doing it unless you have an awsome bussiness proposal |
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