What's the best & quickest way to double $2,000 ? | Financial Blog Network

What's the best & quickest way to double $2,000 ?

Posted: 09 Feb 2008 | Categories: Financial Help

Willie C

Resolved Question

» What's the best & quickest way to double $2,000 ? i'm thinking about investing

serious answers>

by DEN GIRUS

Best Answer -

Hello!
1. Put your savings into a high interest account @12% APY as I did and get extra income.

2. Find clients for an overseas investment company. They will pay you high comission (1%) for each person referred.
1% from $10,000 is $100 and you could find hundreds of clients each month. Lot's of people will be glad to get 12% APY.
You owe me a drink.

Contact me for more details.

Good luck!

Other Answers (5)

$2000.00 is not enough to concern yourself with investing. Best thing to do is pay off any high interest loans such as credit cards. good luck

by Lori H The quicker the way, the higher the risk of losing your money.

If you don't want the risk of losing your initial $2,000.00 put into a CD at the bank.

(P.S. Stock market is too volatile these days)

by NetAdvis… It's not realistic to think you can double your money in this market or by historical standards.

The Rule of 72 says you should be able to double your money in 8 years if you net 9% a year after taxes. Not likely, right now.

by TX-REInv… Hmmm, youre asking for a get rich answer.
There aren't any that are legal… sorry!

If you do find>

by Alpha WolfPup With>

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Tags: cards, credit cards, extra income, Investing, Loans, tax

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