IF I HAD $700 CASH ON HAND, WHAT KIND OF INVESTMENT THAT MAKE FAST PROFIT?

I would have to say blackjack or roulette table. Thats about it as far as fast. Or you could buy some stock in LOGI when it drops down at least 50 cents. It has bounced back everytime!

buy lottery tickets, you will make someone a fast profit.

$700 isn’t really that much to invest. I would put it in a money market as a small start to a rainy day fund. It’s just not enough to put in a CD and unless you already own stocks or a mutual fund, not enough to make starting one worthwhile.

Economists always say, “There is no free lunch.” The higher reward you want to make the more risk you have to take. Anyone claiming you can safely make a lot of money (profit) quickly is usually selling something. The safest investments are gov’t bonds, but they have a small return. High grade corporate bond have little more a risk and therefore a slightly higher return. US stocks have even higher risk and higher returns. Foreign stocks have are very volitile (you can lose your investment quickly), but can also have great returns.

All of the investments above have positive expected returns over ther long run. But if you want the highest potential return, you can gamble (Blackjack, Lottery,etc.) with to money. However, your long term expected return will be negative.

An investment that can make you a fast profit are called options. However you can lose it very quickly as well. If 700.00 is your entire savings, then I wouldn’t recommend this route for you. Its one of the “legal” and “riskiest” type of investments you can make.