So I have saved up $100K in savings but got slapped with an unexpected $1K hospital bill that I need to pay down in the next 1-2 weeks. I want to make an extra $1-2K in that time to pay down this bill so I can go back to normal: having $100K in savings rather than $99K. Do you all have any suggestions? Alternatively, I'd love to find out ways to make extra money from the $100K I have in savings. Are there any relatively simple and low-risk ways to make thousands of dollars off of my $100K: stock market potentially?
For reference, all of my accounts are in a BB I used to work at. I have $100K lying around in my checking account that I'm kind of afraid to move to my account at the BB because of the regulatory concerns around making trades (I won't trade off of confidential info obviously but am scared I'm being monitored closely all the time like all IB employees and can't be so free with investing).
I keep noticing the stock market is up and down by about 5-10% every 1-2 weeks, and I keep wondering if maybe I invested at the last low of a stock that keeps going up and down then maybe when it goes back up for a little bit in 1-2 weeks, then I can sell at that point and make a bunch of money? Obviously, I understand I shouldn't be putting that much into one stock but I do want to take advantage of the stock market as I haven't really ever invested in the stock market.
The max I'd be willing to invest honestly into something would be $20K so I guess I'm asking how to make $1-2K from $20K in 1-2 weeks.