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Hey /biz/ I have a little over 22 grand to do stuff with. What

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Thread replies: 24
Thread images: 3

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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
>>
>>1222964
Well obviously there will be a risk, I just mean like an all or nothing type of risk. I should have been more specific.
>>1222963
Stop.
>>
>>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?
>>
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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
Thread posts: 24
Thread images: 3


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