Lux Investing

How would you turn 50 dollars into 100 dollars?

I just wonder if anyone out there has any money making tactics on how to make more for your dollar!!! I invest in small cap stocks and penny stocks on etrade. I would love to hear you guys comments and suggestions!!!! Thanks

Public Comments

1. A sure bet to double your money is to fold it in half and put it back in you pocket..............
2. ebay
3. Most of the time if you don't trade, you won't make money. Some places take $7 per trade so in a buy and a sell you would lose that $100 in less than 10 trades unless you appreciated in your trades. With 100, you need to buy something you think is a sure thing. Before I traded with real money, I would do a practice account and see if I had some talent at it. If you fail there you don't lose money. If you find that you have talent there, then try real trading!
4. A few questions to ponder about before thinking of doubling your money with penny and small cap stocks 1. whats your time horizon? remember - The shorter the time you stay invested, the bigger the swing. typically, small cap stocks swing WAY more than mid-cap and large-cap stocks. 2. In general, there is a lot of analysts who cover mid-cap and large-cap, but few cover penny and small cap stocks. On one hand, you therefore are exposed to a larger risk (in terms of potentially losing a lot in the short term). On the other hand, history has shown that small caps outperform the large caps by quite a margin. 3. only one in ten companies that start small end up doing well. So, there is a relatively higher degree of risk with small caps. So, I would prefer not to put more than 10% of my money in small cap (as part of my portfolio).