Where can I invest? .... What do you think? Suggestions?

February 20, 2009 4:28pm CST
Hey guys sorry to bother you once again but I have a question (more of like a confusion) I have $20 on paypal and do you guys have any idea how I can double it? I mean where can I invest it and be sure that I'm going to get it back doubled or maybe higher? If you guys have any suggestions please do tell me.
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1 response
• Australia
20 Feb 09
Hello, Sorry to be the bearer of bad news, but I really don't think there's any sure-fire way to double such a small amount of money. Had it been 12 months ago when the U.S. dollar was weak, I would have said to convert (or leave) it as Australian currency, and then switch it over to a U.S. currency in 11 months time. It still wouldn't have doubled it though... maybe got you a $15 profit over 11 months. You could maybe bargain hunt on ebay? Get something really cheap and then try and re-sell it? Sorry, none of these suggestions are really that helpful.
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• Philippines
21 Feb 09
It's ok the fact that you responded somehow is enough for me. Thank you.