You mean like, on TV? This is reality. There are no get-rich-quick schemes, there is no pot at the end of the rainbow, there is no Santa Claus.
Making sound investment or trading decisions requires more than a click of the mouse. Cheap and easy does not equal successful trading or investing. Nothing substitutes for research and education.
One of the most important Samurai texts ever written, by Miyamoto Musashi, “The Book of the Five Rings (1643)”, offers this advice: “Think of what is right and true. Learn to see everything accurately. Become aware of what is not obvious. Be careful even in small matters. Do not do anything useless.”
What most people don't realize about investing or trading is how much happens before and after the opening and closing bells. Just as any trial lawyer worth his salt devotes many, many hours to preparation and strategy, so does any good trader. It entails an incredible amount of homework; statistics, precise strategy, so precise it will get the trader into the market at exactly the right point. It must define the trader’s risk and take the trader out at just the precise moment.
From George Leonard’s book, Mastery (1991): “To take the master’s journey, you have to practice diligently, striving to hone your skills, to attain new levels of competence.
You can’t kid yourself in trading. You have to deal with who you really are, and take responsibility for all your shortcomings that the markets (life) has a way of revealing rather starkly. You have to confront all your fears and tame them. You have to check your ego at the door.
Now, either go back to the kiddie section for your little fantasies, or begin to study diligently, discover truth, and read vociferously.
2006-06-16 15:51:58
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answer #1
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answered by dredude52 6
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What is considered fastest? How much risk are you willing to take? You could consider a high yeild savings account at around 2-4 percent interest. You could invest in CD's with an average return rate of 5-15 percent. or you could take high risk investments and invest in a stock company with returns anywhere from 5-50 percent. Consult a professional or speak to your local bank. I hope the money is already in the bank. If you invest it into a roth IRA you could be a millionaire in 20 years. If you invest it in a new car and guady bling then you will be broke in less than one. My advice is to think about how much risk your willing to take, compounded by what your financial situation is at the moment. A financial advisor could show you how to make that money grow into an enormous chunk of change. Invested badly and you may end up with nothin but a blank bank statement.
P.S. If your into the really quick(and shady) I hear they are always high returns in the human trade industry. Body parts and what not.... Also Drug dealers could turn that into a million dollars in a week. But they would be getting shot at making deals with crackheads and followed daily by police and then of course they would be robbed at gunpoint for all of your money. My advice... the banks are less of a hassle and slightly less corrupt. If you consider stocks make sure to put a little into US bonds as they are garaunteed to increase each year... Stocks are highly volitile and could crash leaving you broke and sobbing. I wish you luck and a high return in favor of the little guy!
2006-06-16 11:04:54
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answer #2
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answered by Charles G 3
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Well if you can find the answer to that then you need to tell everyone. Basically investing is like this, no one can actually forsee the future so what might be hot today may not be hot tomorrow. But usually the more riskier the investment the higher the rate of return it will give you, then again you could lose all your money. Here's a basic rule you need to learn bulls make money, bears make money, and pigs get slaughtered.
2006-06-16 10:56:49
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answer #3
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answered by Anonymous
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Look into an Orange -ING account and ask the financial adviser there. I had 2,000 and with a compound monthly interest rather then 1/4 ly interest I was told I could get safe money quicker this way. There is always the Stock or splitting it up into dividends and some goes to stock some Bonds Some in CDs and some to a Savings account again most yields are compound Quarterly the ING/Orange savings in compound monthly with a higher %.
2006-06-16 10:59:27
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answer #4
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answered by Chef April 3
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If risk is not a factor, try the commodities market. You can make alot of money fast. Then again you could end up broke witha bunch of frozen pork bellies in your front yard
2006-06-16 11:19:14
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answer #5
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answered by Anonymous
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Real estate investment
2006-06-16 11:02:43
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answer #6
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answered by mistycarole2003 1
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E Savings account or short term CD
2006-06-16 10:56:58
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answer #7
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answered by Joanne R 1
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Bet it all on red @ the roulette table.
2006-06-16 11:01:44
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answer #8
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answered by man_about_the_net 3
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Colombian Cocaine.
2006-06-16 11:53:08
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answer #9
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answered by zack0404 2
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gas, water, real estate...
2006-06-16 11:51:49
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answer #10
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answered by Gloria 3
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