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If you were trying to turn 20k into 40k in a few months what would you do?

Posted on 8/2/23 at 10:45 am
Posted by CrimsonFever
Gump Hard or Go Home
Member since Jul 2012
18086 posts
Posted on 8/2/23 at 10:45 am
Thanks in advance
Posted by plaric
Pike Road, Alabama
Member since Jun 2011
2269 posts
Posted on 8/2/23 at 10:45 am to
Craps table
Posted by molsusports
Member since Jul 2004
37152 posts
Posted on 8/2/23 at 10:46 am to
Save money
Posted by saint tiger225
San Diego
Member since Jan 2011
46417 posts
Posted on 8/2/23 at 10:48 am to
Posted by TDTOM
Member since Jan 2021
24808 posts
Posted on 8/2/23 at 10:50 am to
RED
Posted by notsince98
KC, MO
Member since Oct 2012
21414 posts
Posted on 8/2/23 at 10:51 am to
always bet on black.
Posted by spaghettioeauxs
Baton Rouge
Member since Jan 2017
2833 posts
Posted on 8/2/23 at 10:54 am to
Buy long Tellurian calls around January 2024 at $1.50 strike price and pray they reach FID before the end of the year.
It’s gambling, high upside, huge downside if they don’t secure necessary funding. I seem to always take the riskiest route so I’ll be partaking in that at some point most likely
Posted by bayoubengals88
LA
Member since Sep 2007
23512 posts
Posted on 8/2/23 at 11:08 am to
quote:

Buy long Tellurian calls around January 2024 at $1.50 strike price and pray they reach FID before the end of the year.
This is a good answer. Long calls in general are a good way to double your money, and not as risky if you go 200+ days out to expiration.

Another quick way to double up is to bet big on an earnings report using a long call with a close expiration date. A long call, by the way just means buying a call rather than selling a call, which is going short.
Posted by UltimaParadox
North Carolina
Member since Nov 2008
51558 posts
Posted on 8/2/23 at 11:17 am to
Get a side hustle
Posted by Weekend Warrior79
Member since Aug 2014
20812 posts
Posted on 8/2/23 at 11:22 am to
Find a truck under $20k that can do this a few times

Posted by LSUTIGERS74
Houston
Member since Oct 2007
278 posts
Posted on 8/2/23 at 11:23 am to
I tried this in my 20's after selling my 1st house and wanted to double up in a short period of time to have a larger down payment for new house. Didn't go as expected, bought long calls and won some and lost some.
Posted by I Love Bama
Alabama
Member since Nov 2007
38423 posts
Posted on 8/2/23 at 11:28 am to
quote:

If you were trying to turn 20k into 40k in a few months what would you do?


Just not spend my paycheck one week.
Posted by baldona
Florida
Member since Feb 2016
23428 posts
Posted on 8/2/23 at 11:42 am to
Bet on an Alabama baseball game
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
136272 posts
Posted on 8/2/23 at 11:55 am to
Rob a bank

Put it all on green

Split 8's

Start an onlyfans
Posted by ItzMe1972
Member since Dec 2013
12210 posts
Posted on 8/2/23 at 12:09 pm to
I only know how to turn 40K into $20K.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82058 posts
Posted on 8/2/23 at 1:06 pm to
What level of risk? You are looking for a 100% gain in a few months...
Posted by BabyTac
Austin, TX
Member since Jun 2008
15859 posts
Posted on 8/2/23 at 1:25 pm to
I picked 68% on college football games last year. Weighting your bets throughout the day based on current results vs expected results (calculating 55% as expected results), and willingness to not bet scared with large sums of money is pretty much a garuntee. Just name your price and stick to it.

You may have a rare odd week so protect your bankroll but over a 3-4 week period, doubling your money isn’t very hard at all.
This post was edited on 8/2/23 at 1:27 pm
Posted by glorymanutdtiger
Baton Rouge
Member since Jun 2012
4565 posts
Posted on 8/2/23 at 1:35 pm to
If you find the answer, let us all know
Posted by Shamoan
Member since Feb 2019
13243 posts
Posted on 8/2/23 at 1:58 pm to
rob a bank and blow expectations out of the water.
Posted by SuperSaint
Sorting Out OT BS Since '2007'
Member since Sep 2007
148447 posts
Posted on 8/2/23 at 2:37 pm to
quote:

pretty much a garuntee
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