ChatterBank0 min ago
Stocks/shares
3 Answers
Hiya i'm only15 and i'm taking part in a stock/shares practise game on the internet. Schools/colleges all over the UK are taking part also. This ends at the end of February and my team is not doing too well. If you have any tips on how to make a lot of money quick please tell me.
p.s We started with 100,000 virtual pounds. After 2 months we are on �106,000 wheras the winners are currently at �170,000 !!! We need serious help.
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Best Answer
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For more on marking an answer as the "Best Answer", please visit our FAQ.Unfortunately with investment as your key directive money will not be made quickly because capital needs to be preserved which limits the risk you should take. If you want to finish first or last then I would start gambling on penny stocks - they will either go bust, stay where they are or multiply many times their value. I feel this is not the point of your competition but . . .