Most Wall Street people and other sophisticated investors say that if they can get tomorrow's Wall Street Journal today, they will become extremely wealthy at the end of today's trading day. Can you say the same for yourself?
2007-06-08 12:08:48 · 5 answers · asked by Mr. Main Event 5 in Business & Finance ➔ Investing
I think you could make a decent sum of money, especially in the options and futures markets, and if you have access to borrowing funds quickly. Some derivatives are so highly leveraged that an investment of a few thousand dollars could make you very rich, very quickly.
2007-06-08 18:55:41 · answer #1 · answered by Anonymous · 1⤊ 0⤋
Nope, not enough free capital, not enough time for compounding. Even if I saw two or three things with a colossal 20-30 percent jump, that is just two or three things to fly with--and I would know what my ceiling is. I could certainly improve my financial standing, but not "become extremely wealthy".
Now, if you have next year's newspaper, then I could figure out dozens of ways to make a mint with confidence.
2007-06-08 23:23:32 · answer #2 · answered by Rabbit 7 · 1⤊ 0⤋
I would know what to do buy the big gainers, and short the big losers
2007-06-08 19:24:02 · answer #3 · answered by Anonymous · 1⤊ 0⤋
I would never have to work again.
2007-06-08 22:44:33 · answer #4 · answered by Nelson_DeVon 7 · 1⤊ 0⤋
IF I HAVE TOMORROWS NEWS I THINK I CAN FIGURE IT OUT!!!
2007-06-08 19:16:51 · answer #5 · answered by momo2765 3 · 1⤊ 0⤋