50k investment to 100k in one year? Is it possible?

[jconsta6]

Just been having a debate with someone about this.

I said I bet there are people out there who could probably do this without the insane amount of risks I'd have to take to make that kind of return.

I personalyl know very little about investments.

The only way I could feasibly do it it with "Black" or "Red".... but that seems a little harsh!

So any city types who could suggest a way of doing it?

I appreciate there would have to be risk in such a venture, but could the risk be calculated and countered at all?

Just curious.

Thanks

JC

[justinp1]

Someone sent me an email today from Hong Hong. He said that someone rich had died and that I would just need to invest some money in order to legally put it in my name.

Do you want me to forward it to you?

Seriously though, if doubling your money without risk was possible, everyone would be doing it since there was no risk!?

*Usually* in both business and investments there is a pretty level playing field in risk/reward in that the greater the risk the greater the potential reward.

If you want to make some quick money though with your 50K you can do this though:

Put £1000 on red. If you get red then take your money and walk away with some pocket money. If you lose just double your stake until you win. With 50k you would have to get black 5 times in a row to lose all your money.

As far as I am aware though, there is no real get rich quick scheme that is guaranteed.

[jconsta6]

Thanks for that,

Yes, I suppose you are right. Just thought there may be a way of splitting say 50k on the stock market onto medium to high risk ventures to turn that sort of gains into reality. The thing is I know NOTHING about investments at all, hence the original query.

I'm keeping away from casinos - definately the best way to make money in a casino is to own one

I just wish everytime Dunan Bannatyne does an interview he says "Anyone can make a million its easy...."

Just wanted to check everyone else wasn't and I wasn't missing anything

Cheers,

JC

[tigger1]

justinp1 said:

Put £1000 on red. If you get red then take your money and walk away with some pocket money. If you lose just double your stake until you win. With 50k you would have to get black 5 times in a row to lose all your money.

No, no, no, no, NOOOOOOO!!!!

This method does not work. For one, if you get it wrong 5 times in a row you'd need to put 32 times your original stake in an attempt to break even - and the odds of being wrong 5 times in a row (50:50) are only 1 in 32. It's a very dangerous random walk to be making, with high probability that you'll bomb out rather than double your money.

Roulette is a mugs game, long term, anyway.

100% return on 50k in a year, with low risk - if only!!

[jamesw2000]

I think that is true..."any one can make a million it is easy"...Depends on how much risk you are willing to take and how many time you are willing to fail and try again.

Definately possible to double up on the stock market with penny shares, but very risky. Definately do not put all you eggs in one basket, so to speak. Spread it over medium and high risk investments.

Edited by jamesw2000 on Wednesday 24th January 11:09

[justinp1]

jconsta6 said:

Thanks for that,

Yes, I suppose you are right. Just thought there may be a way of splitting say 50k on the stock market onto medium to high risk ventures to turn that sort of gains into reality. The thing is I know NOTHING about investments at all, hence the original query.

I'm keeping away from casinos - definately the best way to make money in a casino is to own one

I just wish everytime Dunan Bannatyne does an interview he says "Anyone can make a million its easy...."

Just wanted to check everyone else wasn't and I wasn't missing anything

Cheers,

JC

Its a lot easier to make a million if you start of with a reasonable head start. Even worse if you are starting off in a defecit.

What annoys me slightly is that there are thousands of kids opting for a Business Degree where they tell them all the ways fo getting start-up capital from banks etc and what happens is that they finsh their degree with a £15,000 - £20,000 debt.

As I found out no bank in the UK is going to offer a 21 year old start-up capital for a new company unless they take out a personal guarantee. As the graduate owes so much already they need to put their house on the line - which would be bad enough but thery probably dont own one!

My first three years was spent just strugging with pennies trying to get working capital to grow. If I had a £50,000 - £100,000 head start in capital that would have given me a 3-4 year head start in growth.

If you have £50k at the moment you can start your own business, or even act as an 'investment angel' and buy a share of another small business. Both may reap rewards well above your original investment and could even offer you a pension! But, you could lose the lot. Also, once that money is there, its tied in.

But if you dont like risk, there are always bank accounts where you will get 5% per annum...

[jamesw2000]

If you want a really safe bet. Put it all in a high saving paying savings account, think 5.75% is the best around at the moment then 'drip feed' it into a high rate savings account that pays say 8 - 10% interest, these are limited and only let you deposit a maximum of around £250 a month and hold an account for two years. With the effects of cumulative interest this method adds up pretty quickly. Don't forget to use your £7,000 ISA allowance too...

[Horse_Apple]

jconsta6 said:

Just been having a debate with someone about this.

I said I bet there are people out there who could probably do this without the insane amount of risks I'd have to take to make that kind of return.

I personalyl know very little about investments.

The only way I could feasibly do it it with "Black" or "Red".... but that seems a little harsh!

So any city types who could suggest a way of doing it?

I appreciate there would have to be risk in such a venture, but could the risk be calculated and countered at all?

Just curious.

Thanks

JC

Dead easy.

Set up a brokerage selling penny shares to idiots who want to get rich quick

Best scam going.

On a serious note, there are people who more than double their money but do trust me when I say that they are one in a thousand and then nearly all of them have only managed it through chance.

[dmaci38293]

In short, yes it is possible... without risk - defo not. I am a trader by occupation and have seen it happen many times, I know guys, myself included who can return 10% in a day based on money invested, this is in effect by using what we call leverage. Leverage means you can trade more size or underlying value than you can afford to based on the money you have in your account. I have contacts at companies who can give guaranteed returns in the double digits, but they are not advertised as they dont want every tom dick and harry investing and normally minimum account sizes are around 50k ish.

Shares are risky, futures are risky, forex is risky....... to gain significantly, you need to take some risk.... It all depends what your risk tolerance is. Drawdowns occur, and will occur throughout the year in managed funds, this is part of the game. Sometimes it is common to go a few months with drawdowns. I have a contact who runs a fund that returned 400% in 04, 125% in 05, but last year was down 45%. There is always risk.....

So to sum up, yes it is possible, it does happen, but you dont tend to hear about it! As somebody else said... if it was easy everyone would do it.

For the 'common' investor the high rate savings accounts and ISA allowances are probbaly the best route to go. If you have funds in excess of 50k to invest, there are many other routes.

[lambojim]

Buy a run down 1 bed flat in prime part of london.....£350k. Spend £20k doing it up and sell it at just under the 4% stamp duty threshold at £499k. I did it in 5 weeks.

[shadowninja]

well done, lambojim. How rundown was it?

[lambojim]

Very, I bought it from the estate of a very old lady who had passed away. If you have a decent building team and know the area well (Earls Court / South Kensington), it's not rocket science. Obviously the quicker you turn it around, the better.

Edited by lambojim on Sunday 28th January 09:42

[pooh]

Shares if you are lucky, shares in the company I work for, went up over 5x in 4 years!