$20,000 TO INVEST BUT ONLY HAVE 90 DAYS TO MAKE A GOOD PROFIT HELP!! HOW SHOULD IT BE INVESTED?

{ 4 comments }

chaseunchase May 17, 2011 at 12:06 am

Lol… spend it on a ticket to Canada? You can’t expect to make a lot of money in the stock market quickly. I mean you could try and pick a hot stock, but there is a huge chance that it won’t work.

Dwayne F May 17, 2011 at 12:13 am

There is no way to turn $20,000 in 90 days utilizing the stock market. Dispite popular belief the stock market is better used for long term financial goals.

Stevie May 17, 2011 at 12:58 am

As other have mentioned here, you probably won’t make a whole lot investing in the stock market. The stock market, on average, returns 12% to investors over 1 year.

You have only 3 months. That would amount to about 3%, although nothing’s guaranteed on Wall Street!

However, you could buy what’s called a “leveraged index” that imitates the general movement of the stock market with increased power. It’s like the stock market on steroids. But beware, if the market plummets, your leveraged index will as well, but even more so than if you had invested in the market normally. Consider investing in SSO (that’s the ticker symbol, look it up at finance.yahoo.com).

I imagine you could earn 2-5% in 90 months time using this strategy. That would translate into $400 to a $1000.

If you’re looking for guaranteed returns, then turn to a money market fund. You’d make somewhere around $100-$150 bucks. Sorry if that’s not too impressive.

Finally, if this is a life or death matter, remember that there’s always the online poker table! (you have 3 months, so that should give you plenty of time to learn basic strategy).

VP May 17, 2011 at 1:52 am

Hi,

Worse thing is that you are limited in time.

I think best way would be forex trading. I really could create good income within 3 months.

If you are interesting and/or have any questions please don’t hesitate and contact me and. We could discuss it.

Good luck!

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