how to double my money?

Question

i have 300 dollars to spare, i dont want to lose it but i want to take a higher risk and i want to double it. i have my investment strategies for long term growth covered. this is just mad money if you will. but i havent heard any real "strategy" for making large gains other then throw it in a penny stock and pray or go to vegas, u got any advice?

Answer 1

you double my money types are a hoot!
Vegas the lottery those are the only sure ways to double your money

Answer 2

Try this stock:

China Mobile (CHL). Growth in population in China as well as expanding economy make this sleeping giant a perfect play. The stock is $43 with a forward p/e of 17 and pays a 4% divvy. China is one of the best economies in the world right now. All our jobs are going there.

So you not only get the POPULATION growth, you also get ECONOMIC growth as well!!

CHL has 1 billion in potential new customers. It's also hedge against the falling dollar. Chinese people often don't have computers so the phone they buy will be their access to the Internet. Google and CHL just inked a deal that let's CHL suscribers get on the internet via phones.

CHL is a monopoly that is protected by the Chinese government. CHL is also the industry leader with 65% market share. Superb balance sheet. It's stock price is trading at a discount to its growth rate.

China is where the growth is right now, you want to be in this stock. By 2010, this stock will double and you get the divvy to boot.

Answer 3

Two ways to doule your money Open a mini forex acct min is around 200 dollars .The second way is Fold the money in half and start counting .You will still have $300 but it will be in your pocket not in some broker's pocket

Answer 4

Hi,

The most profitable business is forex and shares trading and it is most exiting business I know.

Why don’t you start your own forex or shares trading? I could introduce you to one brokerage company in Austria that allows to trade online from same account currency (forex), commodities, metals and cfd on shares. Total 500 instruments available; spread for currency pairs from 1 pip for shares from 5 pip. Commission for cfd from 0.15%; rollover – 0 USD. Very small initial deposit required. So you could start with $300. Terminal: MetaTrader 4 with free charts and many technical indicators.
If you open trading account under my referral I provide you for free with trading techniques that I successfully use for several years. Also I'll send you for free some e-books despite I bought its. There are included books where is described how to turn $300 into $30k within half year trading forex.

Currency (forex) trading is attractive because it is very high income and you could trade from any place in the world and at any time from Sunday night to Friday night. So you could create really huge income.

If you are interesting and/or have any question please pm or e-mail me (press on my name) and I provide you with further information.

Good luck!

Answer 5

there is no way to double your money other than a stock miraculously doubling.

I would recommend day trading if you have time, buy stock under 50 cents, wait for it to increase 5- 10 cents in the normal weekly cycle and then sell.

otherwise, i dont know

Answer 6

Use the rule of 72. This will tell you how long you will wait.

For example 72 divided by the interest rate of 9.5 =

7.58 years

Answer 7

Fold it in half and stick it in your pocket.

$300 bucks isn't mad money. It's not even a car payment.

Answer 8

Go on sixty minutes and insist YOUR DUKIE child is pure and GOD-like....Oh yeah the BULL of LIFE