OtherGround Forums How would you turn $10k into $100k

Edited: 8/22/19 9:48 AM
12/29/18
Posts: 1247

Say you had an extra $10k you could pull from your savings without it putting too much of a dent into your nest egg.

how would you turn that $10k into $100k overnight (a month, 6 months or a year)?

8/22/19 9:49 AM
5/31/07
Posts: 21604
Roulette
8/22/19 9:49 AM
8/9/16
Posts: 21154

Buy drugs in bulk... 

 

Break it down, sell it on the streets.... 

8/22/19 9:52 AM
7/26/07
Posts: 86251
All on Black
Edited: 8/22/19 9:59 AM
9/18/13
Posts: 3332

I'd use that money to fund my squad so we could steal the Declaration of Indepenence. Once I'd done that, I'd then parlay that to discover Cibola.

8/22/19 9:55 AM
1/1/01
Posts: 32365

Bitcoin might be the best hope for that, might take a couple years, lots of downside risk to that too though but that might be your best bet as of today.

8/22/19 10:05 AM
1/13/11
Posts: 21397

High limit blackjack and a progressive betting system. Don’t get addicted to the rush of the win or the tragedy of defeat. 

 

 

Good luck. 

8/22/19 10:08 AM
1/1/01
Posts: 22059

Keep it cash and wait for a large market dip. Keep your eyes on some stocks beaten bad on the dip but still fundamentally sound. Buy calls on their way back up.

 

 

8/22/19 10:09 AM
3/18/02
Posts: 88063
Whambo - 

Keep it cash and wait for a large market dip. Keep your eyes on some stocks beaten bad on the dip but still fundamentally sound. Buy calls on their way back up.

 

 


Ive done this and made money. Havent bought calls.  Can you explain that part? 

8/22/19 10:11 AM
8/7/19
Posts: 158
I would fly to Israel, steal a $10,000 worth of processed saffron, then sell it in a farmers market to tourists.

Le Shat
©
Edited: 8/22/19 10:33 AM
6/13/07
Posts: 12419
Flip cars.

Look into ADESA Auto Auctions. It isnt that hard to get a dealer number. Most sell for 40-60% of book value, sometimes even less if they were fleet or rental cars.
8/22/19 10:29 AM
1/4/16
Posts: 49

Your best bet with that small amount of $$ would be high risk investing (either market or gambling). Wouldn't recommend it.

8/22/19 10:31 AM
6/5/12
Posts: 5975

cooking meth

8/22/19 10:33 AM
3/25/16
Posts: 441

If you're try to get a 1000% return on a one year investment, you'll likely turn 10k into zero.

 

If you aim for turn 10k into 11k in a year, you have some options.

 

8/22/19 10:37 AM
9/22/16
Posts: 17315
I would go back to Arkansas in the 1980's and have my governor husband's drug-dealing associates lump my cash in with the money they were laundering in the Hot Springs Stock Exchange, then brag about my success in "trading cattle futures". It would take only 10 months.

But hey, that's only one way.
8/22/19 10:39 AM
10/15/13
Posts: 31044
Chimonos Revenge - All on Black

4 times though, right?

8/22/19 10:40 AM
1/1/01
Posts: 22060
BigEyedFish -
Whambo - 

Keep it cash and wait for a large market dip. Keep your eyes on some stocks beaten bad on the dip but still fundamentally sound. Buy calls on their way back up.

 

 


Ive done this and made money. Havent bought calls.  Can you explain that part? 

Options trading, you're basically betting that the stock will be a certain value by a certain date. You have the option to buy the stock then at that given price. As I understand it because the calls will be less money than the stock price, so you can therefore hold more options than actual stocks.

 

If it doesn't reach that value by the date you can risk losing it all tho I believe, unlike a stock where you'll always have some value as long as it doesn't hit zero.

 

If I remember correctly Mark Cuban used calls on the S & P itself following the 08 crash.

8/22/19 10:42 AM
10/12/13
Posts: 5823
Maybe buy $10,000 worth of steroids, do them and become a pro-wrestler?
8/22/19 10:43 AM
7/7/10
Posts: 18490

Send it to me, I’ll turn it into 100K 

8/22/19 10:43 AM
1/1/01
Posts: 23741
blas4ublasphemy - Maybe buy $10,000 worth of steroids, do them and become a pro-wrestler?

and if you don't make it, sell the remaining steroids to up and coming pro wrestlers to break even?
8/22/19 10:44 AM
10/15/13
Posts: 31045

I would invest half of it in low risk mutual funds and then take the other half over to my friend Asadulah who works in securities... 

Edited: 8/22/19 10:56 AM
4/1/10
Posts: 59937

I am sure someone on here is pushing an MLM/stock trading/autoexport/FOREX scheme that will pique your interest.

8/22/19 10:58 AM
4/1/10
Posts: 59938

Anyone who knows how to get 10x returns overnight, 3 months, 6 months, or a year wouldn't be posting here. They would be in prison, slaying women on a yacht of the southern france, or dead from an overdose.

8/22/19 11:11 AM
8/8/18
Posts: 2006

I'd ask your mother if she's looking for work.. 

Edited: 8/22/19 11:11 AM
12/29/18
Posts: 1248
Zned -

Anyone who knows how to get 10x returns overnight, 3 months, 6 months, or a year wouldn't be posting here. They would be in prison, slaying women on a yacht of the southern france, or dead from an overdose.

I choose slaying women on a yacht