If you had 15k, and needed to turn it into 80k fast (over 1-4 weeks), how would you do it?
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If you had 15k, and needed to turn it into 80k fast (over 1-4 weeks), how would you do it?
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Develop realistic expectations.
CRACK COCAINE
Honestly, download robin Hood, put money in, wait for the May Stock Market Crash and invest it all in Microsoft
Ask successful people how to do it. (like neckbeards on Yas Forums)
Realistically, stock options are the easiest way to do it. Sign up for a brokerage and request level 3 options. For the questions they ask you, say you've been trading extensively for over 10 years for each type of equity. Also, lie about your income and say that you make at least 200k per year. They will approve you and then you can buy/sell calls and puts.
spend it all on lottery tickets
15K in call options in MREITS. Thank me later.
what's a good place to start?
I'm a doctor.. starting at 15k needing 80k is 65k left to go, so... I'd probably just work the 4 weeks straight instead of 7 on 7 off in the ER, maybe moonlight doing nursing home gigs. Pre tax but you get the idea. Either that or I'd transfer to a new job with a signing bonus and have it all upfront but haha this thread
wasn't expecting serious replies, all ideas are on the table, thanks for some decent suggestions already
story?
Some of this sounds an awful lot like fraud. And the bits that don't sound like fraud sound fucking dumb also
I just turned 10k into 120k in 3 weeks.
I literally just daytraded TESLA and Tesla Options, and a handful of other things.
Buy tesla at 400- sell at 600, do that 20 times, and you'll make 200 / share every week.
Not that hard if you follow the news, watch some how to videos, and then lose everything. Good luck!
If you're in the US, I would use Fidelity and download their Fidelity Trader Pro software. Interactive brokers is better, but it's not beginner friendly.
did you really lose everything?
They ask the questions because if you're not a sophisticated investor, you could potentially lose all of your money pretty quickly. If you use margin, you will also lose the bank's money, which is obviously what they're trying to avoid. It's far and away the easiest way to turn 15k into 80, though.
Extremely risky, but he will want to buy ITM options near their quarterly earnings.
I'm in Australia, but I'll see if we have something similar
I see...
Once or twice, but made it back.
Wouldn't recommend doing it with money you can't afford to lose. At the end of the week I always bank $2400 into an emergency fund. The rest back into the account to keep playing.
I've gone from 44000 up one week to $122 left in my entire account. It hurts, but knowing I had twice what I lost in my E-fund, helped me get back into it slowly.
The good thing is, every fuck up and mistake is a REALLY REALLY good learning experience.
Tesla has an earning call out on the 29, with an EPS at (-.17) which is low, but so close to 0 that if it's positive the stock will blow up again, even if it's just, .1 above negative.
And if it's low it'll deflate a little. Try putting 800 on a call out to July.
Start off slow. Do your research.
I wouldn't because using your fucking logic and expectations, you could become the worlds richest man in less than a fucking year.
Weed!
You'll have interactive brokers. I've used it in Australia/Europe/US/Asia and it's the best option.
Keep in mind, you are almost 100% certain to lose all your money. But there are no easy ways to quadruple your money quickly. If there was, everyone would be a billionaire.
not that much but i turned $60k into $89k over the past few weeks by doing the most basic safest trades imaginable
Ok, sounds interesting man. Thanks for the info
Yeah, I understand. Thanks for the tips