2007-03-14 10:14:07 · 10 answers · asked by James D 1 in Business & Finance ➔ Personal Finance
You can't. Even if you went to Las Vegas and doubled your money 8 times in a row, you'd still only have $12,800. Of course, the odds are against that happening. More realistically, you could probably get an average 7% return on your money - after 30 years, you'd have $356, which in today's dollars would be worth less than the original $50 after inflation. Sorry - that's the bad news.
Still, there's good news. I assume you're young but sincere - which is great because time works in your favor. Compound interest can work wonders given enough consistent investment and time, but still, you need more than a single investment of $50. As soon as you can, start saving hundreds of dollars every month, keeping it in a money market account. As soon as you have several thousand saved up, try again to get an answer to your question. The answers will be more forthcoming, and at some point your money will start earning more income than you do, but it will take a while. Good luck.
2007-03-14 10:37:20 · answer #1 · answered by Marko 6 · 0⤊ 0⤋
I migh have the solution to your question....I've found a unique opportunity that I'm happy to share with you. For a low "investment" of $38.00, you'll get a HUGE payout (enough to make you feel rich) Anyone between 1 and 66 years old may partisipate, without doing any work at all. This is a dream come true if you're in need of money, but unable to get a loan. And I guarantee; this is 100% serious and has nothing to do with gambling, stocks, Forex, affiliateprograms, sales, HYIPS, lottery or pyramide-shemes! Please contact me for more information. At: t-ansko@online.no
2007-03-16 23:29:22 · answer #2 · answered by Anita 1 · 0⤊ 0⤋
Invest it on prosper.com OK risk, up to 6-25% APY depending on risk. $50 is the investment minimum. The way it works is you bid on funding loans that people want. All loans are for 36 months.
2007-03-14 12:40:55 · answer #3 · answered by witeshadow 1 · 0⤊ 0⤋
I have top sites and tutorial that will help you. Here's a link to my blog with sites and tutorial:
http://www.google.com/base/a/1639261/D9317629329281990324
Here's 0$ investment, if you want to know how to make a lot of money from your 50$, email me at maximukraine@mail.ru
2007-03-15 06:36:29 · answer #4 · answered by thee_maksym 2 · 0⤊ 0⤋
Buy refreshments/Alcohol, throw a party/event, invite plenty people, charge $10-$15 to get in. You can do theme partys, singles party, whatever. Just something that will spark their interest.
2007-03-14 19:47:23 · answer #5 · answered by Queen 3 · 0⤊ 0⤋
You can make a good investment by saving it instead of investing it.
2007-03-14 10:17:11 · answer #6 · answered by poeticjustice 6 · 0⤊ 1⤋
try your luck in blackjack.. go to a $5 dollar table.. as your stack gets higher.. raise your bets up to $10, $20, $25..
best table game odds in the casino! not garaunteed (spelling) you will win.. but it's worth a try!
2007-03-14 10:47:11 · answer #7 · answered by do it movin' 1 · 0⤊ 0⤋
Invest in a knife then rob someone, take that money and invest in a gun, then rob a bank, take that money and invest in the stock market.
2007-03-14 10:21:20 · answer #8 · answered by Anonymous · 0⤊ 2⤋
I am posting a link to a site which has information that might be helpful to you, especially if you are in need of some extra cash to help out every month.
http://putterpods.blogspot.com
Hope this helps! :>)
2007-03-16 07:54:21 · answer #9 · answered by Anonymous · 0⤊ 0⤋
buy 2 rolls of new dollars coins and maybe you could have misprinted coins and sell on ebay for a lot of money.
2007-03-14 10:20:47 · answer #10 · answered by Steve 5 3 · 0⤊ 1⤋