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Q: what the best sites to double money ...and deal by e-gold..? ( No Answer,   13 Comments )
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Subject: what the best sites to double money ...and deal by e-gold..?
Category: Business and Money > Accounting
Asked by: masework-ga
List Price: $2.00
Posted: 16 Oct 2004 20:04 PDT
Expires: 15 Nov 2004 19:04 PST
Question ID: 415921
what the best sites to double money ...and deal by e-gold..?
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Subject: Re: what the best sites to double money ...and deal by e-gold..?
From: probonopublico-ga on 16 Oct 2004 21:30 PDT
 
That is a very closely guarded secret.
Subject: Re: what the best sites to double money ...and deal by e-gold..?
From: pinkfreud-ga on 16 Oct 2004 21:37 PDT
 
I would be very skeptical of any website that claims it can double
your money. The very best way to double your money is to fold it in
half. Then put it back in your pocket until a truly worthwhile
investment comes along.
Subject: Re: what the best sites to double money ...and deal by e-gold..?
From: silver777-ga on 17 Oct 2004 03:46 PDT
 
Hi Masework,

Do you consider yourself a good judge of the value of things?

Do you posess such a nature which can value add to existing "things" or services?

If so, your first port of call will be the good old e-bay market of exchange.

Phil
Subject: Re: what the best sites to double money ...and deal by e-gold..?
From: jack_of_few_trades-ga on 18 Oct 2004 06:36 PDT
 
The rule of 72:

Divide the interest rate into 72 and it tells you the # of years it
will take to double your money.
A good bank account (or CD) might give you 2%, 
72/2% = 36 years
Typical safe bonds nowadays will give you around 6%,
72/6% = 12 years
Aggressive mutual funds average around 11% over the decades (note they
fluctuate alot in the short run)
72/11% = 6.5 years

If you're not an expert investor I'd suggest mutual funds as the best
way to double your money.  If you have $3,000 when you're 20 and put
it in a ROTH IRA (no taxes when you take the money out),
Age      Value
20       $3,000
26.5     $6,000
33      $12,000
39.5    $24,000
46      $48,000
52.5    $96,000
59     $192,000
65.5   $384,000

Now that's just a 1 time $3,000 investment.  Imagine if you invest
$3,000 every year, you'll be a multimillionarre and have plenty to
pass onto your kids after you enjoy a relaxed retirement with plenty
of cash until you're 95.

INVEST YOUNG!
Subject: Re: what the best sites to double money ...and deal by e-gold..?
From: probonopublico-ga on 18 Oct 2004 07:27 PDT
 
Of course, in 45 years time, your initial investment of $3,000 with a
notional value of $384,000 will then be worth $300 in today's terms -
if you are lucky.
Subject: Re: what the best sites to double money ...and deal by e-gold..?
From: jack_of_few_trades-ga on 18 Oct 2004 09:39 PDT
 
I can only hope that was a complete joke Probonopublico.

$384,000 in 45 years will most likely be worth between $100,500 (3%
inflation) and $157,800 (2% inflation).  It's true the money will lose
value due to inflation, but not nearly as fast as it gains value due
to compound interest.
Inflation rate based on August 2004 and going back X years:
1  year: 2.66%
3  year: 2.18%
5  year: 2.53%
10 year: 2.43%

**derived from the St Louis Fed site
http://research.stlouisfed.org/fred2/data/CPIAUCSL.txt

The Fed has become very good at controlling inflation and it seems
their ideal inflation rate is about 2.5%, so it is a very reasonable
assumption that inflation will be between 2% and 3% (not the 11% it
would take to wipe out gains in a decent investment).
A $3,000 yearly investment for 45 years at 11% will produce $3,000,000
(if your company matches in a 401k plan or TSP plan for you govies
then it is likely that you can double that to $6,000,000).  If you
receive no matching, this investment made in a ROTH IRA will be
completely tax free, that easily makes this $3,000,000 worth
$4,000,000 and form there decrease it by 2.5% inflation over 45 years
to get $1.3 Million.
Subject: Re: what the best sites to double money ...and deal by e-gold..?
From: jack_of_few_trades-ga on 18 Oct 2004 09:55 PDT
 
On a side note, inflation doesn't affect us as much as the % suggests.
 Recent "inflation" has been around 2.5% (for the last 10+ years). 
But some prices went up more than others and as rational consumers we
buy less of those goods and more of others.

For example: 
I used to buy 10 CD's per year @ $15 each because I dig the new tunes.
If the price went up to $25 I might only by 5 CD per year.

The CPI (consumer price index) which is the most reliable and most
used inflationary reading doesn't take these short run consumer buying
trends into account, it assumes that people buy the same goods no
matter what their price is.  (In the long run they do adjust the CPI
to account for what consumers are currently buying)

All this to say... although inflation will decrease the value of your
money, you won't lose as much value as most experts would tell you
because you choose to spend your money wisely rather than buying the
exact things you always bought.
Subject: Re: what the best sites to double money ...and deal by e-gold..?
From: probonopublico-ga on 18 Oct 2004 11:15 PDT
 
I went to my local Library recently, here in the UK, to look at an
article in The Times for June 1972 that they hold on microfilm.

It cost me 25p (that's a quarter of a £ Sterling) for ONE A4 copy.

But I could have bought the entire paper for 5p in 1972. The paper now
sells for 90p (I think) but here's the catch ... there's now NOTHING
in it that's worth reading!

Now, that's inflation!
Subject: Re: what the best sites to double money ...and deal by e-gold..?
From: jack_of_few_trades-ga on 18 Oct 2004 11:59 PDT
 
Sounds like you didn't take into account that you didn't have to buy
that.  We are creatures of habbit aren't we.
Subject: Re: what the best sites to double money ...and deal by e-gold..?
From: probonopublico-ga on 18 Oct 2004 21:38 PDT
 
Yes, indeedy, I admit that I am a creature of habit.

But then, being a monk, I cannot really wear anything else.
Subject: Re: what the best sites to double money ...and deal by e-gold..?
From: bigbuccckslady-ga on 12 Feb 2005 12:52 PST
 
From my experience, thses are the best two sites to double your money.
Thye issue you a 1099 form at the end of the year. I joined thses two
programs last year and I made over $20,000 in doubling my money. I
will double near $20,000 this month and next month. My sponsor has
made a six figure income in less than a year in one of these.

Go here to learn about thses great and legitimate doublers.

http://www.emoneynews.com/member/?ID=elaine

http://www.empowerism.com/e/85065
Subject: Re: what the best sites to double money ...and deal by e-gold..?
From: goodquestions-ga on 06 Apr 2005 14:35 PDT
 
Dear masework-ga,
I understand that you are referring to HYIP (High Yield Investment Programs).

I have been studying these myself, and I must say that the percentage
returns that they claim to give are mind boggling. For example, <a
href=http://www.stateinvest.com/?ref=mufad>This One</a> claims to
provide a minimum of 2.5% return daily, or 140% return monthly. That
means you can double your money in under a month !

This kind of a return seems too good to be true, but then hyip review
sites list so many programs and seemingly fair reviews, there could be
some truth in the claims and I would sure like to know if these really
work.

Example
http://www.hyiplocator.com 
http://www.besthyipclub.com/
http://www.gohyip.com/

I will invest some of my spare money and will post here how it works
out, if any reader of this post has any experience to share, please
reply to this.

Thanks,
Mufad.
Subject: Re: what the best sites to double money ...and deal by e-gold..?
From: jack_of_few_trades-ga on 07 Apr 2005 05:10 PDT
 
Don't invest much money.  Scam central with promises to double your
money in under a month.  140% per month turns $1,000 into $36,520,347
in 1 year.  If they can do that then why are they wasting their time
trying to get other people to invest with them?  They should have all
the money they could ever want.

                  **SCAM**SCAM**SCAM**SCAM**SCAM**SCAM**

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