Hey /biz/ I have a little over 22 grand to do stuff with. What are some ways I can turn it into 40 grand in a year? Anything with out a high risk, 20 grand is a pretty big chunk of change for most people, but I think if I can maybe consolidate a plate it would be worth investing in something. Any advice would be very helpful.
If all else fails I will invest in knee pads.
Give me $1000 and I'll get you a big name US bank account with an 11.05% interest rate.
>>1222959
>100% profit
>without high risk
www.shopkneepads.com/item_673379_ultra-strength-dura-pads
>>1222966
Fuck off then nigger
>>1222959
>army of mexicans
>buy one lawnlower per spic
????
millionaire in less than 4 years
>>1222959
If you want 100% return in a year, you are going to have to take some major risk.
You can get at best 10% return (or 2000) in a year if you take some moderate risks.
Personally, I would just put $10,000 in Municipal bonds and forget about it. At 7% it will be $70,000 in 20 years or so tax free.
>>1222963
Name of bank?
>>1222974
wtf where do u get municipal bonds at 7%? That seems really high
>>1222999
Nice trips m9
>>1223000
ooooh
Honestly, how do you have this much money without knowing how near-impossible an 100% annual return is. Literally nobody does this in the market. Nobody
you'll probably want to invest in assets
>>1223007
lol dude its 20k he could have just worked a job paying 40k for half a year or something your acting like its some crazy feat
put it all on black and you can turn it into 40k in seconds.
>>1223011
ive got 25k saved up in my bank account from working 3 full days a week part-time at my law firm for the past year and a half ($22/hour), while studying full time (law/commerce) in Australia
20k is nothing, saving something like 50K and starting to invest is the way to go bois (although at the moment i've started making a bit of $$ off Commsec - by a bit i mean only $600)
>>1223019
keep saving then, ya cunt. invest in an index fund
Cut $20000 of it in half
Get double price for each half at a midget bank.
What?
Sell drugs
>>1222963
No bank is giving out an 11% interest rate. Maybe a 1.1% interest rate.
>>1222966
If you're willing to take the risk of, say, 50% drawdown, then put it into gold and silver mining stocks. They're in a serious bull market right now and it looks like they have more to run.
Well OP, you dont have the balls to buy 20k of call options for gold and make 700% in 2 weeks
>>1222963
Oh no, Chinabro and his little chinky penis is back.
Buy ethereum
