Using Short-Term Investments to Get Rich [Legit Strategy]
Short-term investments and stock trading can make you rich if you know how to find the best investments…or it can make you broke fast! You get up to 20-times leverage on some of these investment ideas. That means a 5% change in the price can mean double your money or lose it all.
In today’s livestream, I’ll give you a strategy to use with these short-term investments for high returns that won’t leave you busted. I’ll then show you how to use four of my favorite investment ideas for 2021.
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First off, understand that these investment ideas are NOT gambling. Gambling is betting your money with no better than an even chance of success and nothing you can do to control the odds. Each of these short-term investments carries a better chance at success if you do your research and make the right trade.
How they can make you rich is in the leverage used in each of these high-risk, high-return investments. If you’re getting 10- and 20-times your money on leverage for futures or options, a 20% increase in an investment means you make two- to four-times your money!
But you don’t want all your money in this kind of short-term trading and that’s the strategy I want to share. You want maybe 20% to 30% of your money in these and using 2-3 of these short-term strategies. That means about 10% in each. That way, if one falls apart, then it’s not going to break you but making 2X to 5X your money on others will still make you a LOT of money!
I’m also going to show you how to use four of the seven investment ideas I talked about in Friday’s video. I’m running out of space here so watch the livestream and be sure to check out Friday’s video for exactly how to use these investments with high returns! https://youtu.be/voiOqdaX0gs
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Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through debt payoff strategies, investing and ways to save more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps.