FIRST TIME INVESTOR NEEDING QUICK 10 TO 30% PROFIT ON MY MONEY. WHAT SHOULD I INVEST IN AT THIS TIME?

Looking for the quickest spin around upon my money. If I were to do this upon my own, what sorts of investments, reduced tenure investments, would we recommend? Looking for quickest profits. Should I deposit in penny stocks, currencies…?

{ 5 comments… read them below or add one }

BIll Q January 9, 2011 at 4:57 am

Investing is very difficult and treacherous. There is no good way to get a quick 10% on your money in a few months. You could try something very risky like penny stocks, and if you are lucky you might make 10%, but you are more likely to lose money on something risky.

I may point out that Warren Buffett is considered by many to be the world’s most successful investor, because he has averaged 25% a year over the last 45 years. That works out to only ~2% a month. It sounds like you want to do better than Warren Buffett. I doubt you will.

The object of investing is slowly make a lot of money over the course of decades. If over the next 40 years you make 10% on average a year on your investments, you should consider yourself lucky.

Jeremy Tims January 9, 2011 at 5:12 am

Gold! gold! gold!

Chris January 9, 2011 at 5:27 am

There are no easy answers to the quick 10 % to 30 % profit question. If investing was that simple we could all double our money every year.

It is possible to get quick profits on your investments in stocks and even in Real Estate. However, you are going to have to risk losing all of it if you really want to get your quick 30 %.

Currently the Real Estate Market is offering people great buying prices but it is very hard to sell property once you own it. Prices are moving down or stagnating in most places of the country. Real Estate also usually comes with a great deal of holding expense also. Sounds like you are not interested in dealing with this type of investment.

The quickest way to make money in my opinion in with stocks. The way to leverage yourself to make money even quicker is by using stock options. These both are high risk investments when trying to get a quick turnaround. But if you learn to use stop orders and trailing stop orders for protection, it will be easier to hold on to your capital. The number one rule of investing according to many authors is to “not lose money”. In other words capital preservation can be more important than a quick turn around. If you survive a downturn with your capital in tact, you can go on to the next battle. There is no next battle if you have nothing to invest.

Don’t be discourage by the fact that it is not easy. It is possible make a lot of money quickly in the stocks and options. But you need to educate yourself and be aware of the downside risk. Your strategy and use of options will depend on how much you have to invest also. It is difficult to hedge your trades with options if you have very limited capital. If you are a risk taker with limited capital you will get the most bang for you buck with options. Options do go to zero and often expire worthless so keep that in mind. I hope this gave you some useful ideas. If you want to read more on trading stocks and investing you can go to http://financialrealityrevisited.blogspot.com. Check out the page on Learning to trade stocks.

Formerly known as Frank Castle January 9, 2011 at 5:49 am

I know a company that currently pays 30% annually.

James January 9, 2011 at 6:27 am

pills,crack,cocaine,marijuana,heroin. how you think all these rappers so rich?

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