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Help me get a method to make $1000 into $1,000,000,000.

post #1 of 76
12/28/08 at 1:12am
Thread Starter 
This is a serious post!

I'm wondering how I would go about doing this.

One thousand -> One billion.

I just want to have a rough idea of how you investors would go about doing this.

Would I start with penny stocks? And if so, at what point would I move up to other markets, if at all, etc.

How long should I allow for each section, E.g. Penny Stocks section, etc. Before going into bigger markets.

And that general idea.

Thanks in advance!
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post #2 of 76
12/28/08 at 1:21am
$1000 invested in a CD at 3% compounded annually will get you your $1B in only 468 years!
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post #3 of 76
12/28/08 at 1:23am
Quote:
Originally Posted by SirDarren View Post
This is a serious post!

I'm wondering how I would go about doing this.

One thousand -> One billion.

I just want to have a rough idea of how you investors would go about doing this.

Would I start with penny stocks? And if so, at what point would I move up to other markets, if at all, etc.

How long should I allow for each section, E.g. Penny Stocks section, etc. Before going into bigger markets.

And that general idea.

Thanks in advance!

Jeez, don't you want to start with hundreds of thousands first?

But I see what you're saying. I'm thinking it can be done through warrants, so long as the expiration date isn't impending.

I recently bought 250k of NTQWS @ .0005 per share. What was the 52-week high? $1.37.....

Thus, if I sell @ $1, I get $250,000.

However, it's a waiting game. Honestly, I don't see it going that high for at least 6-9 months. Good thing I'm patient!


PS: Experienced people, please feel free to put me in my place. I've only been an investor since November!!!
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post #4 of 76
12/28/08 at 1:28am
I would say skip penny stocks all together. Put your money into an ING savings account and learn about stocks, trading, and options. Options is a way to play big board stocks for big gains without using much money. I turned 2000$ into 18,000$ in 2 months, then I gambled it all on two trades and they didn't pan out.
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post #5 of 76
12/28/08 at 1:33am
Thread Starter 
Quote:
Originally Posted by The Daleks View Post
Jeez, don't you want to start with hundreds of thousands first?

But I see what you're saying. I'm thinking it can be done through warrants, so long as the expiration date isn't impending.

I recently bought 250k of NTQWS @ .0005 per share. What was the 52-week high? $1.37.....

Thus, if I sell @ $1, I get $250,000.

However, it's a waiting game. Honestly, I don't see it going that high for at least 6-9 months. Good thing I'm patient!


PS: Experienced people, please feel free to put me in my place. I've only been an investor since November!!!
Why didn't you buy 1000k?

You could be a millionaire!

Well I want a better method here...

How high can I get on Penny stocks?
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post #6 of 76
12/28/08 at 1:35am
Quote:
Originally Posted by hermanpu View Post
I would say skip penny stocks all together. Put your money into an ING savings account and learn about stocks, trading, and options. Options is a way to play big board stocks for big gains without using much money. I turned 2000$ into 18,000$ in 2 months, then I gambled it all on two trades and they didn't pan out.
Honestly, what's the best way to learn about "options"? I'm completely new, I'm using "OptionsXpress", and one would imagine that with a name like "OptionsXpress", using "options" would be key.

However.....

I've sat through their online "options" tutorial a couple of times now & still just do not get it. Is there a better way to learn?

THANKS!
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post #7 of 76
12/28/08 at 1:38am
Thread Starter 
Quote:
Originally Posted by hermanpu View Post
I would say skip penny stocks all together. Put your money into an ING savings account and learn about stocks, trading, and options. Options is a way to play big board stocks for big gains without using much money. I turned 2000$ into 18,000$ in 2 months, then I gambled it all on two trades and they didn't pan out.
Well I already know a good bit about options.

So what you're saying is you turned the 2,000 into the 18,000 with Options right?
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post #8 of 76
12/28/08 at 1:40am
Quote:
Originally Posted by SirDarren View Post
Why didn't you buy 1000k?

You could be a millionaire!

Actually, my strategy is to buy at least 10k (but preferably 100k or more) of warrants from as many sectors as I can identify. I've got NTQWS, DEKWS, CHMWS, FIGIW, and a few more.

Should I really be in so many stocks that I've lost track of them? Dunno, but when the market bounces back, I think it'd be best to be as diversified & volumized as possible.
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post #9 of 76
12/28/08 at 1:41am
well i learn best by doing. ThinkorSwim lets you open a paper account, which is fake money that you get to practice with in real time. They also allow you to trade futures, which is another risky but very lucrative equity.

I would say search google for Options 101 or something. Investopia, CBOE, maybe even a book if you want. There is an options for dummies book out you can probably get on ebay pretty cheap.

Basically each contract you buy lets you control 100 shares of stock. Each contract usualy ranges between 100-500 dollars for something close to the current stock price. The only caveat is time value, which makes timing very important, at expiration you can lose 100% everything
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post #10 of 76
12/28/08 at 1:57am
buy a million shares at .001 and wait for it to go up 500 per share.
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post #11 of 76
12/28/08 at 2:39am
Thread Starter 
Quote:
Originally Posted by Thechemicals View Post
buy a million shares at .001 and wait for it to go up 500 per share.
If only.
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post #12 of 76
12/28/08 at 2:41am
I'd take the 1000 and place it all in one stock, a volatile stock. Then, repeat infinite amount of times. You're sure to be a billionaire in 6-7 months.
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post #13 of 76
12/28/08 at 2:44am
Quote:
Originally Posted by SirDarren View Post
This is a serious post!


Why would i want to tell you if i knew?
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post #14 of 76
12/28/08 at 2:45am
For that amount you could get around 2Bil of Zimbabwe Dollars - that would be the easiest method I think.
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post #15 of 76
12/28/08 at 2:52am
Thread Starter 
Quote:
Originally Posted by bazooka85 View Post


Why would i want to tell you if i knew?
Well you obviously don't so it doesn't matter does it?
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post #16 of 76
12/28/08 at 3:25am
Quote:
Originally Posted by SirDarren View Post
Well you obviously don't so it doesn't matter does it?
You have a lot to learn kid.
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post #17 of 76
12/28/08 at 3:27am
There are a lot of good threads where folks show their investments as they go and the reasons behind them. You should be reading more...
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post #18 of 76
12/28/08 at 3:29am
Quote:
Originally Posted by foss View Post
For that amount you could get around 2Bil of Zimbabwe Dollars - that would be the easiest method I think.
There you go. I'm for this... then we can just wait for the Zimbabwe Dollar to appreciate enough against the US dollar and BOOM, billionaire.

Now, forewarning, if you can't see the sarcasm in these posts, don't do anything with your money. Just leave it sit in a CD where it will earn around 3% or so and learn your ass off.
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post #19 of 76
12/28/08 at 3:57am
Quote:
Originally Posted by REI_Chris View Post
I'd take the 1000 and place it all in one stock, a volatile stock. Then, repeat infinite amount of times. You're sure to be a billionaire in 6-7 months.
1st Post!

Hi Everyone.....

This theory is the CORNERSTONE of my investment strategy!

Anyone else share the same strategy? Anyone willing to throw out a few ticker symbols that have volatility and volume?

Here's a few that I've made some coin on in the last few months:

1) Radio One (ROIAK)
Bought at 0.08, sold at 0.13....Bought again at 0.10, sold at 0.21

2) Fannie Mae (FNM)
Bought at 0.35, sold at 0.90

3) Impac Mortgage (IMPH)
Bought at 0.05, sold at 0.12

I've had a few losers too! ... AIG, SIRI, and a couple others.

I don't care what Sector or Industry, just whether or not the volatility
is pretty consistent. I just want to get in, and get out regularly with
a small profit each time.

Your ideas are most appreciated!

Thanks!

cbrad
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post #20 of 76
12/28/08 at 4:04am
Quote:
Originally Posted by cbrad10480 View Post
1st Post!

Hi Everyone.....

This theory is the CORNERSTONE of my investment strategy!

Anyone else share the same strategy? Anyone willing to throw out a few ticker symbols that have volatility and volume?

Here's a few that I've made some coin on in the last few months:

1) Radio One (ROIAK)
Bought at 0.08, sold at 0.13....Bought again at 0.10, sold at 0.21

2) Fannie Mae (FNM)
Bought at 0.35, sold at 0.90

3) Impac Mortgage (IMPH)
Bought at 0.05, sold at 0.12

I've had a few losers too! ... AIG, SIRI, and a couple others.

I don't care what Sector or Industry, just whether or not the volatility
is pretty consistent. I just want to get in, and get out regularly with
a small profit each time.

Your ideas are most appreciated!

Thanks!

cbrad
You could always look for calls in HSM's Live Chat or one of the momo forums on iHub.
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HotStockMarket › Forums › Stock Market How To › Stock Market Education › Help me get a method to make $1000 into $1,000,000,000.