Turning $500 into $100,000

d08 said:
He often shorts stuff that isn't shortable in the real world, so no, not everything you hear about him isn't true.
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Very true, like I said he's mostly legit. I've also seen him say and do a couple of questionable things before as well, but to each their own.
 
ETcallhome said:
the secret to turning $500 into not just $100,000 but $1,000,000 is to invest $500 every month in something. I don't care what, numismatics, art, old cars, big dividend paying stocks, real estate, small cap stocks, corn, beans, oil or fx or ES or SPY long or or short. It doesn't take any brains to make money trading. It's the lousey $500/mo that most losers can't come up with.
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Well conceived investment ideology, although not practical in the type of endeavor I'm planning on. I'm turning $500 into $100,000 in one year or less. The following year I'm turning whatever I have in the account into $500,000 after withdrawals. Finally the year after that I'll turn $500,000 into $2,000,000. :p
 
Hybr1d88 said:
Well conceived investment ideology, although not practical in the type of endeavor I'm planning on. I'm turning $500 into $100,000 in one year or less. The following year I'm turning whatever I have in the account into $500,000 after withdrawals. Finally the year after that I'll turn $500,000 into $2,000,000. :p
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I get it, if you can turn a 5 dollar bill into a twenty dollar bill in a short amount of time you are well on your way.

I have a coffee can when the rare times today I still use cash I put my coin change in. My dream is every night at midnight all pennies become nickels and all nickels become dimes and all dimes become quarters and all quarters become dollars and all one dollars become five dollars and all five dollars become ten dollars and all ten dollars become twenties. It ends there because sometimes it is still hard to break a hundred.
 
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One way is to add 3 zero's and divide by 5. Another is to bet on the Cub's to win the series and parlay it with Pack A Derm to show at Belmont in the eight.
 
ETcallhome said:
I get it, if you can turn a 5 dollar bill into a twenty dollar bill in a short amount of time you are well on your way
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Actually. This thread is more about turning a 20$ bill into a 5$ one in a short amount of time.
 
NoBias said:
Forget the books, forget the DVD's...

All you need is Price Drivers, and a cheer leading Minion...
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If I had books to recommend.
- Reminiscence of a stock operator
- Antifragile

But you don't learn to walk by stayin' on your sofa readin' nor watchin' Dvds.
 
but yes, coumpounding is truely a miracle
7% on a cd and you doubled your money every ten tears (I mean years) Or was it 10% every 7 years?
 
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