How to multiply small amount of money fast. Where to invest ? what to do?

Question

I am looking for some great investing ideas which will multiply my small amout of money. Anybody who could help me out?

Answer 1

you can get many answers on this one and i don't know how small the amount of money is you got. If it has to be fast like in a years time your options are the forex market, options and maybe small caps at the Nasdaq.

There's always risk involved with investing and trading but look at it from the bright side: your chances of succeeding - if you know what you're doing - is 50/50 which is way, way much better than casino gambling and the lottery. With investing the odds seem to be somewhat better.

For trading and investing a must is that you're educated about the subject. Please avoid people who make promises, there is no such thing as promises or guarantees. If there's a catch then you know something is up. You increase your chances significantly if you develop an understanding of the market and the tools of the trade.

Some might say investing is safer than trading, but this is rather relative since therea are also safe trading systems. Depends on how you look at it. Investing implies a long term strategy but the rewards are smaller while trading may have higher risks but the rewards are much larger. Risk is dependant on the individual and you therefore need to develop a trading system of your own if you want to grow your money fast with high leverage. Today online brokers have practice accounts available to learn the craft without risking a dime. I just hope you're not desperate and broke. Scared money rarely wins...

If in the end you rather invest than i can recommend stock funds with Fidelity and the Soros Quantum Fund. They've done very well in the past 20 years. I'm not so sure about mutual funds sicne i've heard several pro investors and brokers claim that those funds are in a waterfall pattern for the coming 10 to 20 years, in other words they will hardly be profitable...

On Friday 8th December, the NFP report is released and the USD always makes a large move at 8:30 am (NY time). A lot of people make lots of money in the forex with this news release, since they know that price almost always moves up with a currency pair like GBP/USD or EURUSD... trading the non-farm payroll is the fastest way of multiplying your money.... this is information not a recommendation.

open up a free gbpusd chart and be ready to watch it happen on friday the 8th....

Answer 2

I would recommend an online discount brokerage that you control. Scottrade is the easiest and has the best rates for trades, (Sharebuilder is good but limits what you can select, which isn't good).

Once you have placed this small amount in the online account, you can purchase your first stock(s). If you have a small amount of money, you want to get the most bang for your buck. This means you will want to select stocks that are trading at a low price, that way you can buy more of the given stock. I would recommend buying a NYSE stock below $10.00 a share, there are plenty of them, but you have to be careful not to select a stock that is losing all it's value. RESEARCH EVERY STOCK CAREFULLY (this is easy with the internet). You will also want to select a stock that pays a dividend. This means that every so often it pays you money directly based on the number of shares you hold.

You can take this money and keep it, or roll it over into more shares, depending on your situation.

In this scenario your investment is increasing in two ways. The money you receive in dividends, AND the increase in stock price as the stock grows. This is the quickest way that I can think of to increase a modest amount quickly, but also involves the greatest risk.

There is a chance that your stock(s) will lose value and a great deal of your investment would be lost. The two biggest forces at work would be the stability and growth of the company, AND the market in general. If the company is strong, but the market is going through a downward trend, the company stock price might shed value even though there is nothing wrong with it. If the market is strong and growing, but the company is not stable or growing the price could also drop. That being said, typically, companies and the market in general grow in value.

Answer 3

RE:
How to multiply small amount of money fast. Where to invest ? what to do?
I am looking for some great investing ideas which will multiply my small amout of money. Anybody who could help me out?

Answer 4

I don't know what amount you want to invest, But if you wish to invest at least 3 to 5 lacs. Than go to some real estate in Developing cities like Pune. Pune is highly appreciating Real Estate. In just 2 years your investment will be double. Also you will get the instant loans from any Fin institution, In case you need the extra amount to invest. Also you can start the rent from that property. So go blindly in the real estate in Pune.

Answer 5

Check this out. I started with $250 investment and made my money back in 4 days. Its not easy but its not hard. If you can follow a system then youd be succsessful in this. I didn’t make the crazy money they promised me but was able to actually make between $1,200 – $4,000 per month. im in college so its enough to pay my bills (plus party money ;) Now that I have a little bit more experience I average out 5-6K a month if I put 2-3 hrs into it every single day.
dollarfaucet.com
Have a good day!!
Hope this helps!!

Answer 6

How To Multiply Money

Answer 7

Depending on how much you are trying to invest, the Forex is great. Earn more interest in the Foreign Exchange Market monthly than most banks will pay in a year. If your a newbie to the Forex, don't worry. FreedomRocks takes the guesswork out of investing. Check this website out and see if investing in the Forex is right for you. www.simple4xinvesting.com

Best Regards
Chris Thomas
541-554-8140

Answer 8

Invest in a good mutual fund..with high returns
Consult web sites like:
moneycontrol.com
or
valueresearchonline.com
These two sites have ratings for all mutual funds. Select a fund with high rating.
A piece of advice: since you seem to be new to the market please don't directly jump into the share market, many people have been misled and lost money. Don't believe anybody who says will double triple your money.
Mutual Funds are the best bet for you.

Answer 9

Usually fast ways of making money turn out as bad ideas.

I can tell you that a one dollar stock will go to thirty nine dollars in three months, so jump in and buy it now...but that only happened once in my lifetime.

I used the money to buy a racehorse, who in turn won only three races for me.

I can tell you about two stocks that sell really cheap now, but I would proceed with caution on Gatxeway (GTW) and Danka Business Systems (Danky).

Otherwise, putting money away on a regular basis, preferably in a sound plan offered by your employer, will do you better in the long run.

Answer 10

I get a better return through Faircent