R100k to invest looking for a quick return

[Dubai]

Hi guys
I will have R100k by the 10th of next month I want to invest into something for short term like 30 working days and get a secured return with my full investment back plus profit any ideas
Let me know

 

[mercurial]

Oil

 

[DrJohnZoidberg]

Bitcoin.

 

[supersunbird]

Hi guys
I will have R100k by the 10th of next month I want to invest into something for short term like 30 working days and get a secured return with my full investment back plus profit any ideas
Let me know

Can you risk losing any of the capital (the R100k)?

 

[TehStranger]

Put it all on black.

 

[Avenue]

30 day fixed account at your local bank. You're not going to get that much interest, but I can't see you doing any better unless you are willing to risk it.

 

[modern10]

30 days, rather keep it in your account unless you're willing to risk it.

 

[MKFrost]

You mention 'secure return' and from that I assume that your risk appetite is low i.e. the R100k should not be risked.

If that is the case then keep it in the bank as that is as secure as you will get. Remember, the higher the return the higher the risk. This is compounded by the fact that you are looking for a return within a very short period. Any such return will involve a gamble/risk and will thus place some or all of your capital at risk.

There are ways to make some great returns and or even double it within 30 days but are you willing to risk the whole R100k?

As the saying goes, never invest more than you can afford to lose.

Just my 2 cents...

 

[Hendrix]

If you put it in a money market account, at a good rate of 6%, you will essentially make R500 in a month.
Not making much, but peanuts...

 

[mike6870]

http://opelownersforum.co.za/viewtopic.php?f=15&t=4607

Buy & make HUGE PROFIT on a quick resale !

 

[Other Pineapple Smurf]

Hi guys
I will have R100k by the 10th of next month I want to invest into something for short term like 30 working days and get a secured return with my full investment back plus profit any ideas
Let me know

My wife invested R25K she had left over from our wedding (wedding worked cheaper than budgeted) into bridge financing for venture capital. She turned that figure into over R100K+ very quickly. By the time we wanted to withdraw her investment it was worth only R25K and we could not touch it for another year.

Moral of story: never invest money you cannot afford to lose and only ever invest money you never needed.

 

[WaxLyrical]

Forex trading?

 

[R13...]

Forex trading?

Yes that should guarantee his capital nicely.

 

[Sly21C]

There is no way you will get a guaranteed profit within a 30 day period, ever! Some will make promises to you, offering you quick profits either by investing in a hot new stock on the JSE or some company, you'll be a statistic if you fall for this. Many people have lost retirement money or all their savings because they have been sweet talked into parting with their hard earned money for a quick profit. I'd suggest you put your money in a money market or a savings account at a bank. It's better to gain 0.5% over 30 days than risk losing 5%, or more.

 

[bgotapen]

There is no way you will get a guaranteed profit within a 30 day period, ever! Some will make promises to you, offering you quick profits either by investing in a hot new stock on the JSE or some company, you'll be a statistic if you fall for this. Many people have lost retirement money or all their savings because they have been sweet talked into parting with their hard earned money for a quick profit. I'd suggest you put your money in a money market or a savings account at a bank. It's better to gain 0.5% over 30 days than risk losing 5%, or more.

Well interest technically is profit?

 

[saturnz]

Well interest technically is profit?

Technically it is not, profit implies some entrepreneurial effort whereas interest is merely the charge for providing temporary finance. It is more closer to a rental income than profit.

Also profit is income minus expenses at its most basic level. Here interest would be the income (and not profit) and the cost would be the opportunity cost of income lost had the money been used elsewhere and any tax implications.

 

[BloodBurner9000]

It could be the case that OP will become caretaker of the money for a month, after which he must give it back in full. If this is the case, fixed deposit 1 month only or money market. Take no chances, I know some may be tempted to make a quick buck in this situation (say lawyers looking after deposit money) , maybe you profit or you don't.

Match the investment with the needs, simple.

 

[Arthur]

Quick return?

Easy. Invent cure for cancer.

 

[NeonNinja]

give R50k to me. You'll get R150k in 1 week.

 

[froot]

Well interest technically is profit?

Not really. Interest on such an investment is more accurately described as Capital Gains. On which CGT is applicable. If it were "profit", it would fall under your Income Tax.