 My financial advisor wants me to get a $100,000 home equity loan and he will invest it. Good idea? |
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 I got a letter in the mail, its "not" a chain letter but a quick way to make 800,000. Should I do it ?? |
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 Where to invest $12,000? |
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Additional Details
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Amele | Is it really possible to turn £1000 into £100,000 with stocks and shares in one year ? |
I've enrolled on a free seminar in London that claims its possible and as I work part time would like to make a living out of buying and selling from home the rest of the week |
 |
 
tsbr1963
|
re your question: Is it possible to make 100x on my money in one year?"
Possible?? Sure.
Probable? You'd have a 1000x better chance of winning the lottery and being struck by lightning at exactly the same moment.
Think about it. Why would anyone with a system EVER EVER 'sell' it to the public???? Would they? Does it make any sense????
No. They wouldn't. Ever.
Don't get sucked into it. |
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felineroche
 |
If the tutor knows how to do that why the hell is he/she working for a living? |
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Star
|
try CFD and Forex, buit first learn Technical Analysis. |
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Dale W
|
I doubled my money in a day by purchasing shares from the days biggest loser on the stock market - its high risk but if you want big returns you need to take big risks.
It was a pharmecuetical that had lost a large contract and its price had dived 75% in a day, i bought at the bottom - next day the markets realised it wasnt that bad and the value of them shot up - not to its previous level but enough for me to make a killing!
Buying a safer share will not make you huge sums unless you invest huge sums. I have always lost money on safer shares! |
|
Dazza
|
I think that it is possible but extremely unlikely. If it was that easy everyone would do it. If they can offer a seminar on it why are they wasting time telling others their secrets and not just making more money. Keep your hand in your pocket until you have all the facts. Watch out for the old "your investment can go down as well as up" clause. |
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paul
|
you can do it in a day,,if you have inside info |
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भारत गणराज्य
 |
yes |
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septboy19
|
if you know what your doing you could make more, if not you wil go broke. |
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Toonces
|
Yes, of course it's possible. But it's a lot easier to turn the larger quantity into the smaller one. Good luck. |
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Irish
 |
Yes, but very very highly unlikely. Remember if it sounds too good it is too good. |
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jueyanz
|
Its possible, much as winning the lottery is possible. |
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ajt1306
 |
possible but quite tricky. would be better if you sought legal (free?) advice, or maybe joined with a trusted partner. |
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eriverpipe
 |
It is possible, however the overwhelmingly more likely outcome is the loss of your £1,000. If you have to ask this question on Yahoo Answers then don't go anywhere near the scheme.... |
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huge001
 |
As other have said yes you can make that money but only in exceptional circumstances. The fact is that the stock market is frault with risks and you can loose that amount in minutes if you make the wrong call. |
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Al Zymer
|
If it was realistic, the people running the seminar would not be bothering to enlighten others, they would be busy making millions themselves........... |
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michaelsgdec
|
Nothing is completely impossible, but this is getting close. The only way to do this in a year is to be a partner in a spectacularly successful IPO, and you know how rare those are... |
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Franco
|
If you assume that in every stock market deal you make, there is a 50/50 chance of profit or a loss, and your profit is 30% each time, then to turn $1000 into $100,000 you need a straight sequence of 18 winning deals. The odds against that, are about 260,000 to one. It is conceivable that you will be so lucky, but I would not put my money on it.
The only sure way to make big easy money out of the stock market is to pretend you know how and charge a fee for teaching others how to do it. |
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sarah c
 |
Enjoy the free seminar but don't expect to learn anything useful, it'll just be a tease for the very expensive course that you'll be badgered into signing up for.
Leave your credit card, cheque book and Switch card at home and DONT SIGN ANYTHING! Don't fall for the '14 days to cancel', just Don't Sign! |
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Alan S
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Unlikely to be honest, you'd have to be a real serious and competent analyst |
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Ian :-)
|
No, you only get into deals like that if you are with the big boys.
Best one that I have ever found (and it is low to medium risk) is www.maxnetreturns.com
You just need to get past what they do. |
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Damien A
|
Its free because in the end you will give cash for additional services. Remember there is an old saying "there is no such thing as a free lunch"
People who talk about making 100x in one year are talking nonsence, the amount of risk involved would be ridiculous and no part time investor would have the time to do the analysis to exploit any opportunities.
Call me a cynic but anyone who has a get rich quick scheme is more that likely only making himself rich. |
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highlander
 |
not very possible not with 1000.oo that sounds like a very own scam re you prepared to lose your money? |
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chris w
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I know how to turn £100 into £100,000 and £1,000 into £1m in fact im working on it now; just think out side the box!!! Forget the stock market your just going to lose on it, I mean how many more googles is there out there? |
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