How can I turn $10k into $20k? Or maybe $30k?

I have around $10k to blow. I've traded securities which has been fun but stressful and I've made my money so I don't want to mess with it anymore. I'm looking into cryptocurrencies and got some interesting input on my last post, some nice money to be made potentially.

Anyways, how can I turn this into larger sums? I wouldn't consider an IRA or anything like that since it's boring. I could drop dead and it wouldn't matter how much I saved for retirement. I could flip cars since I have access to an auction which sells cars CHEAP as fuck. I could get a used BMW or Mercedes for $3k with 150k miles and sell it for $10k in the inner city and give them a financing option or something like that.

 
Boiler Room:
Anyways, how can I turn this into larger sums? I wouldn't consider an IRA or anything like that since it's boring. I could drop dead and it wouldn't matter how much I saved for retirement. I could flip cars since I have access to an auction which sells cars CHEAP as fuck. I could get a used BMW or Mercedes for $3k with 150k miles and sell it for $10k in the inner city and give them a financing option or something like that.

That can work. Would skip the financing crap. Cash only.

I'm talking about liquid. Rich enough to have your own jet. Rich enough not to waste time. Fifty, a hundred million dollars, buddy. A player. Or nothing. See my Blog & AMA
 
Best Response

Sell drugs. I'm talking needle in your arm hard shit. Make sure you test it out first though - you don't want dudes coming after you because you sold them garbage.

Commercial Real Estate Developer
 
Boiler Room:
How can I turn $10k into $20k?

Roulette. Put it all on Red. No no no... black... yeah black...

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 
ParkerMTSMLJ:
"How can I double or triple my money?"

If anyone has an answer, I'd also be delighted to hear it.

The answer is that greater returns typically come with a commensurate amount of risk.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 
td12:
what's your time horizon?

he's probably thinking 1 month, obviously

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 
Boiler Room:
I have around $10k to blow.

You could also enter the World Series of Poker Main Event. Its $10K to enter, $8.15 million for first place.

Boom shaka laka

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 
Isaiah_53_5:
Boiler Room:
I have around $10k to blow.
You could also enter the World Series of Poker Main Event. Its $10K to enter, $8.15 million for first place.

Boom shaka laka

I played poker with some friends and family. I have a tendency to laugh a lot at anything which I thought doesn't help but they constantly fell for my bluff! I would have shitty hand and keep raising until they folded.

Array
 

Go flip a house in Detroit You can sell it to the bachelor party crew in the other thread My commission is 6% I rep both sides you're welcome

heister: Look at all these wannabe richies hating on an expensive salad. https://arthuxtable.com/
 

Just program a bot to buy limited edition clothes. I made my own supreme bot, pulled in like 5k over the summer before their season ended.

 
Boiler Room:
I have around $10k to blow. I've traded securities which has been fun but stressful and I've made my money so I don't want to mess with it anymore. I'm looking into cryptocurrencies and got some interesting input on my last post, some nice money to be made potentially.

Anyways, how can I turn this into larger sums? I wouldn't consider an IRA or anything like that since it's boring. I could drop dead and it wouldn't matter how much I saved for retirement. I could flip cars since I have access to an auction which sells cars CHEAP as fuck. I could get a used BMW or Mercedes for $3k with 150k miles and sell it for $10k in the inner city and give them a financing option or something like that.

You could also look into investing in P2P Loans

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 
Boiler Room:
Eh you know how fuckers are online. Would my bluffing in poker not get me far?

I play online poker online every night. Bluffing works for me.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 
Isaiah_53_5:
Boiler Room:
I have around $10k to blow. I've traded securities which has been fun but stressful and I've made my money so I don't want to mess with it anymore. I'm looking into cryptocurrencies and got some interesting input on my last post, some nice money to be made potentially.

Anyways, how can I turn this into larger sums? I wouldn't consider an IRA or anything like that since it's boring. I could drop dead and it wouldn't matter how much I saved for retirement. I could flip cars since I have access to an auction which sells cars CHEAP as fuck. I could get a used BMW or Mercedes for $3k with 150k miles and sell it for $10k in the inner city and give them a financing option or something like that.

You could also look into investing in P2P Loans

https://www.forbes.com/sites/oliviergarret/2017/01/29/the-4-best-p2p-le…

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

Nice read. Going to look into LendingClub. I just hope the fees won't fuck me over since I will only be loaning a small amount until I get how it works.

Thanks man!

Array
 

If you're in New York, there's a guy on 8th and Broadway who will turn $100 into $200 if you guess the right cup your money is in. I've lost about $8/900 so far, but I'm getting close to figuring out his trick. I'll call it quits after I lose $5k, but I'm confident I'll be able to out hustle the hustler by the time I get to my 30th game.

 

Hey man I have the same goals as you. In my company I have access to classified info regarding drug development. should i trade those company stocks? Is this legal? Thanks.

 

Pump and Dump I'm kind of fortunate, actually. At my job, I actually have access to confidential info regarding dozens of small biotech companies. Really cool: We are in the business of advising small biotech firms on clinical trials. The stock of these companies fluctuates wildly. I wonder if I can become extremely rich?

 

What happened to your tutor job?

JoblessJoe:
I am well off my most standards myself. I have no student loans, excellent health insurance, good salary (65K b/c of tutoring job, in Texas) and good job security. So why am I not happy??? Depression? I'm not depressed, but not happy with life. I have very rich parents who offered to buy me a home, I have a nice car that they brought for me. My sister is a doctor and brother in medical school so if I ever get unemployed or ill, I have people to fall back on. But I'm not content, don't know why...
 

u should trade forex with learn to trade. these guys are the smartest in the industry, they all went to the prestigious nottingham trent university.

 

Quae optio dicta possimus doloribus est inventore sequi sint. Et ea adipisci error accusamus recusandae vel. Vel placeat similique dolor adipisci dolore.

Omnis quos qui voluptatem magnam rem. Ducimus officiis harum et non nobis. Magnam nihil ipsam et impedit ipsam facere. Odio impedit atque harum voluptas vel natus beatae cum.

Tempore qui doloribus consequatur perspiciatis. Qui adipisci et illo voluptas quam explicabo. Vero rerum odit non molestias rerum dolorem dolores. Qui dolor dolor labore eveniet aut. Fugiat harum ea veniam error voluptatem odit quo.

Dolores asperiores aut omnis expedita aut deserunt hic. Ea ad dignissimos quam iusto voluptates.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.9%
  • Harris Williams & Co. 25 98.3%
  • Goldman Sachs 17 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 04 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
bolo up's picture
bolo up
98.8
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”