by Roman Y

Created on: February 10, 2010   Last Updated: February 14, 2010

Doubling your investment in a month.  Wow, just thinking about this ‘jackpot’ makes me smile.  I am sure you would not say no to that either.  The only problem is whether it is possible and how it is done.  Well, to answer the first part of the question, YES, it is possible.  How that can be accomplished is the million dollar question.  So here are a few options to consider.

Option one - Bet on Black, in the casino that is.  It is a 50/50 chance.  Not too bad as far as odds are concerned.

Option two – make a loan to a friend, family member or an acquaintance, who is really in the need of the short-term cash and does not mind paying you back double.  You’ll be surprised but there have been cases like that.  I believe there is an application on the IPhone, recently introduced, where one can ask for a small amount loan.  However, the interest rate on this loan would be astronomically high.

Option three and this is the hardest, though it could provide you with more than a double on your initial investment – investing in the stock market.  There are a couple of ways to possibly get a 100% or more return in financial markets.  One is to invest in the biotech stock.  Look at the FDA meeting/decision calendar, which can be found on the internet.  Identify which products/companies are scheduled to be reviewed for a possible approval and invest.  Once again chances here are 50/50.  To increase chances of doubling your investment in case of a favorable outcome it might make more sense to invest in a small cap biotech company, which has been putting most of its chips on the study of the product that is being reviewed by FDA.  Another way to possibly double your investments in the month time through financial market is to look for small cap companies which maybe expecting a huge government contract or a contract from one of its major partners.  This option of trying to double your money through stock investments does require however a certain amount of research.

Option four – very simple, easy to do but odds are not in your favor from mathematical point of view.  That is right, I am talking about a lottery.  Hey, you never know. (slogan for New York Lottery)

Options 1, 2 and 3 obviously carry a very big risk.  Option two perhaps has a lower risk compared to other.  Option four…well there is not much initial capital required.  So do know what you are getting yourself in to.  But hey, no pain no gain, right?

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