So i got 820USD to invest in something, but i need the money back on my bank account with profit in 2 weeks time. Anyone have any cool ideas how i can make my $820 increase within 2 week time?
Loan it to someone, give 10% interest rate but the money must be back in 2 weeks. You get 82 bucks profit.
The most effective way of investing is buying traffic, you can even double your money in a given time.
Surprised with this thread. Sounds pretty good with a bit of confusion like if you can share your skills, people may assist you more better. If you know something that you can do. For eg. Website designing. You can use your 850$ by advertising your skills and get some projects to earn from it. [Requires a hard work] Second, you can invest in Stock Market if you are aware about the market fluctuations. You can earn some bucks from there based on your luck because there is no guaranteed return from stock market. You may even lose your investment. Third is to give someone who is in need on interest. And get them back in 2 weeks with interest rate Another one is to buy something whose price is going to be higher within the next 2 weeks. Buy it now and sell it after 2 weeks. (Again a risk with what to buy?) So basically, short term money is not that easy to earn. You can even earn more with your skills. Expand more to so that people can help you better.
Try revenue sharing advertising sites. You buy adpacks and make usually 150% your investment back ina short time. Great way to make lots of money.
2 weeks is ridiculous. Perhaps hang onto the money. This is NOT risk free but you can try this. Check for discounts, coupons, or special offers in your local shops, like you might find a brand new coffee machine for 50% off or something. Check on ebay, and search for "completed listings" for things that you are familar with, and see whats selling, what models, and expected price tags. Then before you buy it, list the item for sale. Some items on ebay sell for MORE then the shop price (people pay more for the convience) but you can price it at what you need to in order to sell. IF it sells, you then go shopping, buy it, drop in to the post office and pocket a 20%-50% on the cost of the goods. You can do this for laptops, phones, but its best if you stick to things and products you are familiar with, and or would use yourself. (ie, dont go selling lipstick if you arent a chick) its not risk free though, if you dont sell, you have listing costs, and fees. You also are at risk of chargebacks, and make sure you have insurance in case its lost or damaged in transit (insure it for REPLACEMENT COST not the actual cost to you) But in a week, lets say you did 20-30 auctions, and only a few sell, then spending your money at the shops when you have made an actual sale on ebay, then you might be able to turn your $820 into $1000, or $1500. It would take 3-7 days for the auctions to run, around 3 days for people to pay you, and another 3 days to transfer funds from paypal to your bank, and thats your money back in 13 days.
You can't expect any ROI just within 2 weeks. Therefore just put it in your bank account and take that very small interest. I think it is the safest way.
I like Matt_62's reply because he gave specific actionable steps. You can do it in 2 weeks time if you have the skillset prior to starting the 2-week clock. The one factor you're not considering is the amount of work hours it takes to make the return. Let's say I can show you how to double your money in 2 weeks and I could transfer the skillset to you immediately, but during the 2 weeks you discover that the number of hours to double your money in 2 weeks is going to be 40 hours per week, on top of your current work schedule. That comes out to about $10 per hour. Even if you were OK with $10 per hour it would require a lot of your time so it's not really scalable. So if you can't put in 40 hours that week your profit goes down. Don't get stuck trading time for money. Instead of trying to make a quick profit, figure out how to make money over and over by doing the work once and then figure out how to systematize that process so you can hire out the work and scale it up. It's not easy money but once the system is in place, the amount you get paid per hour of your time goes up exponentially.
The safest way to increase the money is putting the money in the bank and gain interest(small though) OR you can find a good partner who is expert in forex and make JV with him/her and take the profit after 2 weeks but in this case you need to find a reliable partner. You can check some forex sites and trader's PAMM account before investing on them. Good Luck mate.
invest wisely in stocks and mutual funds, you will get some appreciation surely if market conditions are good.
Actually if you have $820, you could invest on placing ads and sell high and popular affiliate product. Second, buy some potential website and hire some professional to increase the traffic and increase the sale. I am sure that you have to hire someone which is trust and good at what they do. Third, you can build some expensive product from cheap labor such as fiverr, freelancer or elance. And sell the quality product with affiliate.It will return it as soon as possible. Actually the concept is be a middleman or creator,but all of the method is in great risk. If you have no idea, just hire someone which have a lot of reputation in IM such as John Chow or other marketer to help you. They will definitely do it. Hope these help. PS. All of the above is just my personal opinion. From JS