Can we earn $ 2200 ?
In What type of shares we have to invest ?
2007-01-27 20:35:03 · 4 answers · asked by Taani 1 in Business & Finance ➔ Investing
Very difficult to earn that much of amount but not impossible,
Invest in software companies and FMCG.
2007-01-27 20:39:31 · answer #1 · answered by --> ( Charles ) <-- 4 · 0⤊ 1⤋
When I played the stock market on margin with 50,000 I made that in one day. You cant make that much that fast with only $112 I wouldnt even waste my time. Youll get raped by commisions. I would invest in a hot ETF. The best thing you can possibly do is something called value investing. Read up on Warren Buffet and how he got rich. Buy really good companies that are undervalued and ignored. And if you find a good one dont expect to make 100% ROI for 3-4 years. Actually better yet buy an extremely volitile penny stock.
2007-01-27 20:47:11 · answer #2 · answered by Godly_Expert 2 · 0⤊ 1⤋
Save enough money for closing cost, buy a low cost piece of property at 100% financing, and intrest only for the first 2 years. Do the work to fix it up yourself and flip it (sell it for profit). If the property doesnt sell in 45 days rent it out. With intrest only you can wright off 100% of your mortage payment. If it stays a rental, stay interest only but if you move in refinance at the 2 year mark to a coventional loan. Ask Donald as in (Trump)!!!!! If that $112 dollars means alot to you then stay away from the stock market. It takes money to make money in stocks, and alot of holding your breath and praying...
2007-01-27 22:27:54 · answer #3 · answered by OldSchool 2 · 0⤊ 1⤋
you would have to invest in very high risk shares that might boom or bust like high tech shares or oil shares.I tried this with oil shares made a few dollard and lost the lot , try some other investment its safer
2007-01-27 20:46:00 · answer #4 · answered by Anonymous · 0⤊ 0⤋