Question by nintendo_corp: how can i double my money or something.?
ok i have ,000 what can I do to this money to increase it? ex. buy a lot of say ipad cases for ,000 and then sell each one above what i bought them for so i make a profit.
Best answer:
Answer by Chief
One thing for sure, if you get in something that is going up big, it can go down big.
I’ve been in the stock market for 24 years and it takes time to understand it. I started in mutual funds. Usually a mutual fund has a group of stocks around 100+ in different sectors, manage by a professional, which makes it’s shares a little safer than if you own a few stocks of different companies. But if you know what stock you want to trade, you can open a broker account. I believe you can double your money but in most cases, it will take years. As of now, I’m in leverage ETFs. At one point this year I was up over 103% but it has came down from that and now climbing up again. If you need more help, click my pic.
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Besides buying an iPad, why don’t you get an aPad? It’s basically the same thing as the iPad but just 100x cheaper and does exactly the same thing. I got mine at ReplicaPad.com and shipped within the same week. I got it for about $167 – compare that to iPad’s price of $500-600!!!!