(HOW CAN/WHERE SHOULD) I INVEST $300 FOR THE FASTEST AND MAXIMUM PROFIT?

I’m 17, as well as seeking for a little discerning bucks as well as I’m peaceful to reinvest over as well as over. My prolonged tenure idea is to have no reduction than $2,000 inside of the subsequent year. Thanks.

{ 3 comments… read them below or add one }

Flying Penguin January 21, 2011 at 4:58 am

you’re looking for 666% annual interest? You don’t get that unless you’re taking big risks, which means you could easily lose all $300. The stock market is a good place to lose your money if that’s what you’re looking for.

Predatorprey January 21, 2011 at 5:03 am

You can try investing in calls/puts or maybe some sort of penny speculative stock.

as easy you can make money in the market, you can lose it even easier.

Bo January 21, 2011 at 5:53 am

You seem to be relying on luck, but really you need to study the dynamics of the market and follow some company’s action
to repeatedly get gains and minimize risk. Use the Yahoo Finance’s stock screener and look for stocks between 1 and 5 dollars and see if there are any well known company names you can feel comfortable about lasting thru this economic downturn.
Plan on losing at first or wait awhile for the stock to turn around but watch what happens and learn. Then the next 300 you get you can invest as a more experienced trader. Also you need to take your profit if it is a volatile stock and jump in after it has dropped – easier said than done, yes. Good hunting!

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