i need to make $100 dolars for something important! Thanks!
2006-09-09 07:27:52 · 4 answers · asked by Anonymous in Business & Finance ➔ Investing
Get a job instead. Flip hambergers. Clean Toilets. Mow lawns. Shovel snow. Baby sit.
2006-09-09 07:37:05 · answer #1 · answered by SPLATT 7 · 0⤊ 0⤋
If I did, I would buy as much as I could, get a 2nd mortgage, etc., and pile in big time. All stocks' expected return projections are probability statements. So buyer, beware any such predictions. The first rule of investing is diversification (perhaps the only free lunch available). Don't hold just 1 stock. Besides, the transaction costs for a sigle share of stock will eat up your $5, so it is almost impossible to turn $5 into $10, net after costs: forget $100.
Get a second job: deliver pizzas if you need $95. If you live in 3rd world country, I cannot advise you other than to guess that maybe getting a micro-loan from the UN could finance a small venture you have in mind.
2006-09-09 07:51:40 · answer #2 · answered by Jim R 2 · 0⤊ 0⤋
If there is one, why would not one put 50k and make 1 million??? If there is one, Bill Gates will invest his 40 billion and could have 800 billion in this December...kid, grow up. there is not short, easy way to make tons....
2006-09-09 14:38:45 · answer #3 · answered by Chintan G 2 · 0⤊ 0⤋
There are no sure things in investing. The brokerage commission would be more than your investment.
Also, learn to spell. There is a spell checker here you can use.
2006-09-09 07:48:54 · answer #4 · answered by ckm1956 7 · 0⤊ 0⤋