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Double your money in 5 years...

Discussion in 'BlackHat Lounge' started by SpellZ, Jul 12, 2011.

  1. SpellZ

    SpellZ Regular Member

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    I don't know NOTHING about stocks. So maybe someone can help me out... But I read that if you have $100,000 to invest, the best thing to do is to give the money to an investor, and they'll double your money in 5 years.

    True/False?

    Any other ideas to double your money? Or what to do with $100K
     
  2. oxonbeef

    oxonbeef BANNED BANNED

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    They can also lose it overnight for you.
     
  3. Sonat

    Sonat Junior Member

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    totally agree!

    If you have 100K $ to invest, invest them in profitable long term passive income website :)
     
  4. Autumn

    Autumn Elite Member

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    Put it all on black, you can double your money in one spin.
     
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  5. twistu

    twistu Newbie

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    Best to invest in a website, many people apply this idea.:cool:
     
  6. codo3500

    codo3500 Regular Member

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    I hear the human trafficking market is booming - why not just jump on that?
     
  7. meathead1234

    meathead1234 Moderator Staff Member Moderator Premium Member

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    I'd suggest investing the $100k into English lessons...
     
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  8. Chronos

    Chronos Junior Member

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    To invest in the stock market, you'd have to return like 15% a year every year for 5 years to double your money. The market average is 12%.

    lol, with your money and my margin account we both could make some big monies and have a bit of buying power, too.

    But that's what you should do if you're serious, go on a trading platform like TDameritrade, invest in a few companies you know are going to have solid financials for the next year, disregarding the return. Apply for a margin account, get it and you will effictively double your buying power. Every 100,000 you have, they give you another 100,000 more for buying power.

    In that meantime of a year, I suggest you sign up for a fake stock broker account somewhere too and start to learn how to invest seriously.

    With that type of buying power, I would easily buy into 20-25 trusts in various fields that yield over %10 annun, and reinvest them month after month. Because not only do you get monthly dividends, but that effectively doubles with the buying power.

    I give business and financial advice for a living, so if you'd like to drop a line or even talk over Skype, let me know.
     
    Last edited: Jul 12, 2011