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? asked in Business & FinanceInvesting · 4 years ago

can i double my money in the stock market in one year?

18 Answers

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  • 4 years ago

    Sure. Especially if u buy stocks that are under 10 bucks a share. When u buy stocks under 10 bucks a share u have even a greater chance of losing it all

  • 4 years ago

    possible, but highly unlikely.

  • 4 years ago

    There are two possibilities on stock market either you gain profit or your lose your money. So be wise in investing money.

  • miffy
    Lv 5
    4 years ago

    Its possible but you are just as likely to lose it all.

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  • 4 years ago

    Possible...but unlikely.

  • B
    Lv 7
    4 years ago

    Maybe in the options market, but not the stock market.

  • tro
    Lv 7
    4 years ago

    I doubt that

    it is possible to do anything but you will need to be very smart buying and selling stocks to do so

  • 4 years ago

    If you're very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very lucky, Perhaps.

  • Anonymous
    4 years ago

    Yes. You could lose it all too.

    I knew a guy way back when you earned very little and knew I traded stocks/invested and thought it was easy.

    He saved up $1000 and opened an account and thought he was going to make big bucks. I dissuaded him of that real quick and I think he closed the account without ever buying a stock.

    Realistic goals are a must when investing. Id say 10-15% per year is a reasonable goal. With the understanding that, depending on when you start and the market, you could see a large pulldown or paper loss of 40% or so.

    I would stick with mutual funds until you have over $10k.

  • Box
    Lv 6
    4 years ago

    possible-yes. probable-no

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