| Forum Home | ||||
| PC World Chat | ||||
| Thread ID: 134490 | 2013-07-07 04:36:00 | Money investment for teenagers | darkoverlord123 (16996) | PC World Chat |
| Post ID | Timestamp | Content | User | ||
| 1348159 | 2013-07-07 04:36:00 | Hi, I have a 15 year-old teenage boy who wants to invest about $100-200 into something that will turn to about $400 by christmas. I am telling him its not possible, does anybody else have any ideas? |
darkoverlord123 (16996) | ||
| 1348160 | 2013-07-07 04:53:00 | Not gonna happen, unless you buy a Lotto ticket. He's asking for a 300% return in five months! :eek: |
pcuser42 (130) | ||
| 1348161 | 2013-07-07 05:12:00 | Not gonna happen, unless you buy a Lotto ticket. :eek: And don't even think about going down the track of spending $100 - $200 on Lotto tickets. :eek::eek: |
WalOne (4202) | ||
| 1348162 | 2013-07-07 05:15:00 | And don't even think about going down the track of spending $100 - $200 on Lotto tickets. :eek::eek: I've never bought one :p |
pcuser42 (130) | ||
| 1348163 | 2013-07-07 05:42:00 | He would be better off earning the extra $ by doing chores and small jobs. Eg cleaning up gardens, car washing, outside window washing etc. | Jen (38) | ||
| 1348164 | 2013-07-07 05:55:00 | Kiwisaver, govt will put in $1000. Slight problem is he won't be able to get it out until 65/buy first house. | Alex B (15479) | ||
| 1348165 | 2013-07-07 06:08:00 | Pot | plod (107) | ||
| 1348166 | 2013-07-07 06:26:00 | Pot Yeah black market dealings is about the only real way to do it. Otherwise if it was that easy to make that much money in that short a time-frame, everybody would be doing it... Nope, he's likely to get around 4% PA on his investments, so lets presume 2% over 6 months, and he'll make approx $4 by Christmas. |
Chilling_Silence (9) | ||
| 1348167 | 2013-07-07 06:31:00 | That nice chap Ross who was running a ponzi scheme may be able to give him some advice? Ken |
kenj (9738) | ||
| 1348168 | 2013-07-07 06:38:00 | That nice chap Ross who was running a ponzi scheme may be able to give him some advice? Ken Drive past his house everyday, surprised its still standing. Obviously people with money are willing to let the law punish him. |
plod (107) | ||
| 1 2 | |||||