2007-10-12 09:34:16 · 5 answers · asked by Zee B 1 in Business & Finance ➔ Investing
Invest in something really risky.
Return on investment is (approximately) directly related to risk. A riskless investment returns under 5% per year. The stock market returns about 10% per year. If you want an investment that will, on average, double your money in one year, then you need one that is about 15 to 16 times riskier than the stock market. Of course, to do that there is a chance that you could lose everything.
Your best chance may be to walk into a casino, go to the roulette table and put all your money on Black.
2007-10-12 09:40:49 · answer #1 · answered by Ranto 7 · 1⤊ 0⤋
making money quickly always involves a degree of risk...if you can rather go for the long term approach to investing. You might not make money quickly in the beginning but in the end im almost sure you will be better off.
2007-10-12 16:40:03 · answer #2 · answered by Anonymous · 0⤊ 0⤋
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2007-10-12 16:47:23 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Any decent mutual fund will double your money in 4 years or less.
If you want to double your money faster then you need at least $17,000.00 EUR.
2007-10-12 16:39:19 · answer #4 · answered by Anonymous · 0⤊ 1⤋
if you know how to trade well then swing trade
2007-10-12 17:32:53 · answer #5 · answered by jew_192003 2 · 0⤊ 0⤋