If you really have a lot of money and can afford to play with $150k, the best shot is to open a large account with a broker that handles hot IPO's and trade heavily so that you generate a lot of commissions. Then they will let you in on the game of ripping off ordinary investors. They let you buy a new stock at an artificially low price, then they let the suckers bid up the stock, sometimes doubling the price in a day or two, and you sell if you get a double. The brokers won't let even their best customers do this often, but if you're going for just one quick double, I think these are your best odds.
If you can't get an inside price on an IPO, you can try your luck in the open market. If you bought Trina Solar, a Chinese IPO, on the open market on its first day of trading, you would have doubled your money in a month or two. Asian IPO's, especially China's, are hot right now.
Or you can use massively leveraged instruments, like futures or options, to try to get a double from a moderate move in a stock or commodity. If you buy the right option, you can double your money on a stock moving 5% or less in the right direction. If it doesn't move or moves against you, however, you lose everything. You'd be a fool to try this with 150k unless you are so wealthy that losing 150k wouldn't hurt you.
2007-04-04 19:06:09
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answer #1
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answered by Houyhnhnm 6
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Buy a call option on a rapidly rising stock or a put on a falling stock.
Some of the near term options on GIGM, a China Internet company have tripled as the stock has gone from around $11 to $15 over the past 4 weeks. The April $12.50 call has gone from $.90 to a current $2.65
Of course you have to pick the right stock out of many.
My blog: http://coveredcall.wordpress.com
2007-04-04 19:01:19
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answer #2
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answered by Tim P 2
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To double your money in a month or two would take something with an annual rate of return between 450% to 850%. To get that, you will have to resort to something illegal, or hope you get lucky with a stock pick or sports bet.
2007-04-04 18:52:01
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answer #3
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answered by Brian G 6
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Believe me if something could yield that much in that short of time, EVERYONE WOULD BE INVESTORS. In the mean time,Invest some of your assets in a business that can earn you residual income. In fact, Warren Buffet, one of the richest investment gurus, just purchased a company that does a home based business providing residual income.
About my company: I work with ..... 1 product. I am in the business of helping people not only financially, but with their health. Seeing what it has done for my mom, and my loved ones, it would be worth it even if i WASN'T making 7.2k a month. In sales, this has become the 4th largest home business in the world, and has surpassed herbalife which has been around for decades. our company has been around for .... 4 years and again we have ... 1 product. Customers order direct from company, you don't have to handle cash or buy $1000's of product to accumulate in your garage.... just $35 to become a member. healingfruit4u.com is where to find us.
2007-04-04 18:57:27
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answer #4
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answered by Anonymous
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1 hand of blackjack
it's a risky high yield investment but every thing's a gamble
2007-04-04 18:40:42
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answer #5
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answered by sufferingnomad 5
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