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  1. #1
    Banned jackamo2887's Avatar
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    Best way to turn 20,000 dollars into a lot more? (serious)

    Whats the best way to go about investing it?
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  2. #2
    Banned fizler's Avatar
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    invest in drugs or gold
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  3. #3
    Not now chief. P1ngPutts's Avatar
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    put it all in your hand and then fold it. Best way of doubling your money
    I rep back

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  4. #4
    Registered User e-bay's Avatar
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    Get it all in $1 bills.

    Edit: serious tag... you want to be safe, or risk it?
    I smash mics like cornbread, you can't kill me I was born dead.
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  5. #5
    Registered User IEatPowerRacks's Avatar
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    Go to bank
    Exchange for 2 million pennies
    ??????????????????????????

    Profit
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  6. #6
    Ninja Assassin AndrewChan's Avatar
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    Originally Posted by jackamo2887 View Post
    Whats the best way to go about investing it?
    depending on how long your time frame is:

    s&p index - 5-10 year horizon
    emerging market index - 5-10 year horizon
    money market account - slow growth

    lots of different ways. i invest in etfs and indexes for their diversity and just hold long term.
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  7. #7
    Banned 350_an_ounce's Avatar
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    buy a kilo
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  8. #8
    Banned UWM's Avatar
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    IRA
    Roth
    Global diversity fund
    Bonds

    /thread
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  9. #9
    siema pwoL's Avatar
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    you're in CT?

    heres an idea, come over and add it to my stack....





    jkz I would like to know aswell. I got 22-23k (+ still making decent money while going to school) laying around and I really wont need it untill I finish school in 4 or so years. Not looking for anything risky.

    inb4 roth ira, I dont think Ill live to see the payoff.


    edit: Im looking at my credit unions rates, and If I put in 20k for 5 years, Id only get 3186.03.
    Last edited by pwoL; 11-11-2009 at 09:35 PM.
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  10. #10
    Misc Law Brah Patrick-Bateman's Avatar
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    Put $4k in an IRA and the rest in an index fund that tracks the overall market instead of individual stocks
    brb I have to return some videotapes

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  11. #11
    U mad brah? HawtStuff's Avatar
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    Casino/thread.
    "Those who think they have no time for bodily exercise will sooner or later have to find time for illness." - Edward Stanley
    As of 3/12/14
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  12. #12
    Registered User jedipopey's Avatar
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    Roulette... Black/thread
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  13. #13
    Registered User tommyguy's Avatar
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    continue to save so you can get a deposit on a investment property

    get loan buy apartment then rent it out.


    or
    bet everything on black
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  14. #14
    Banned jackamo2887's Avatar
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    Originally Posted by e-bay View Post
    Get it all in $1 bills.

    Edit: serious tag... you want to be safe, or risk it?
    Risk it..

    Looking at emerging markets mutual funds right now.

    Originally Posted by jedipopey View Post
    Roulette... Black/thread
    Tried it up in Canada..fail.
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  15. #15
    22 Year cut complete... EHSTennis's Avatar
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    online poker
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  16. #16
    Registered User aesop435's Avatar
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    Originally Posted by jackamo2887 View Post
    Whats the best way to go about investing it?
    Turning it into a lot more, requires a lot of risk. Are you willing to lose it all for the potential of a big pay day? If so there are a few biotechs you could bet on with reasonably good odds. You could could mess with pennies, invest in a struggling business with a good long term outlook(lawyer and accountant required). Start a business, be a business whatever. There are millions of ways to make money. You just need more balls than and work ethic than the next guy.
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  17. #17
    Registered User Stoicao's Avatar
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    10k on black and 10k entry to next year's wsop main event is the only way to go (serious)
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  18. #18
    fish/60/30 DontTreadOnMe's Avatar
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    how badly do you need this money (what is your risk tolerance), and what is your time frame for when you will be wanting to spend it? (not untill retirement, or downpayment on a house in a few years etc)
    Odin! guide our ships!
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  19. #19
    THE HEAVY IRON SQUAD,CUZZ ygbodybuilder10's Avatar
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    this song explains it all and yes i'm serious
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  20. #20
    Banned Excellentswag's Avatar
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    1. 2 kilos of coke.
    2. Flip it as a medium range middle man
    3. Repeat process at higher and higher volume
    4. ??????????????
    5. Profit

    Note: You will die or go to prison but its worth it brah. Good luck
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  21. #21
    I <3 U BBmisc420196's Avatar
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    safe, put it in a CD

    Risk(longterm) Stock market
    “The first revolt is against the supreme tyranny of theology, of the phantom of God. As long as we have a master in heaven, we will be slaves on earth.”
    ~Mikhail Bakunin
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  22. #22
    Heavy Lifter Melkor's Avatar
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    Real estate. Because of leveraging real estate will give you higher returns on $20k than just about anything, if you have a long investment horizon.
    A noble spirit embiggens the smallest man.

    "Out of damp and gloomy days, out of solitude, out of loveless words directed at us, conclusions grow up in us like fungus: one morning they are there, we know not how, and they gaze upon us, morose and gray. Woe to the thinker who is not the gardener but only the soil of the plants that grow in him."
    -Nietzsche
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  23. #23
    Starting Strength! ChronicDyl's Avatar
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    Start your own drug empire.
    Personal workout log (Starting Strength & HIIT), drop in to leave some advice -

    http://forum.bodybuilding.com/showthread.php?t=120325901
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  24. #24
    Banned jackamo2887's Avatar
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    I am looking to make enough for a downpayment on a condo I can rent out..or better yet buy it outright.
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  25. #25
    THE HEAVY IRON SQUAD,CUZZ ygbodybuilder10's Avatar
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    i got that work cuzzz
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  26. #26
    Registered User fmarotte's Avatar
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  27. #27
    Registered User gomango259's Avatar
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    invest in penny stocks.

    cxac, vtsi, and lfbg are all set to take off soon brahhhhhhhhhhhhhhhh
    i always rep back
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  28. #28
    Heavy Lifter Melkor's Avatar
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    Originally Posted by jackamo2887 View Post
    I am looking to make enough for a downpayment on a condo I can rent out..or better yet buy it outright.
    Don't pay it off, leveraging is what gives you awesome returns in real estate. Rent it and let your tenant pay it off for you, and use the cash flow to purchase other properties. I'm just about to buy my first investment property myself.
    A noble spirit embiggens the smallest man.

    "Out of damp and gloomy days, out of solitude, out of loveless words directed at us, conclusions grow up in us like fungus: one morning they are there, we know not how, and they gaze upon us, morose and gray. Woe to the thinker who is not the gardener but only the soil of the plants that grow in him."
    -Nietzsche
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  29. #29
    Banned _AdaM_'s Avatar
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    invest in me
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  30. #30
    In Trance We Trust Shangius's Avatar
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    Originally Posted by UWM View Post
    IRA
    Roth
    Global diversity fund
    Bonds

    /thread
    IRA in this economy? wat
    Strive for
    The body of a God
    The mind of a Scholar
    The humility of a Monk
    And the heart of a Warrior

    NoFap/Meditation/GreenTea/Yoga crew
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