CD’s are all well and good if you want to turn 20k into half a mil in 25 years…If you want a high yeild and are looking to dump 20k somewhere, I would suggest investing in some of the sin stocks, or diversifying over the currency exchange. My wife made a quick 10k (over 6 months) by simply converting her funds into an exchange that when it ran above the dollar she changed it back. It’s not that difficult and when you do it with more than say 10k, you can make a quick buck. But you need to be savvy with the exchange rates or you can get boned…
Yes, please.
Do you mean “half a 100,000”?
Yes…oops.
I thought my retirement plans just got a lot easier for a minute there.
Thanks guys and thanks, Oakminster. I know you weren’t picking on me, I’m just defensive sometimes, my apologies. 
But you are correct from what I’ve been reading. I have, in fact, been reading on my own on google. But Google isn’t really as personal as a board.
I also have to take into consideration that even if there were people that are on here and know how to make a good amount of money, they probably won’t share too many secrets with a stranger on the internet, especially since the internet is readable by millions of people, too.
But there aren’t really any “secrets”.
There is no way to make large amounts of risk-free money in investing. It doesn’t happen. Yes, there are people who make large amounts of money, but they already have large amounts of money, and they don’t do it by exploiting “secrets”.
The way to make your $20,000 into a million is to buy stock in the next Microsoft. Except if any company looks like it might be the next Microsoft, everyone else who wants to buy the next Microsoft has already bid up the price of the stock and so you can’t get in on the ground floor. You need to buy a company that turns out to be the next Microsoft except no one else except you believes it will be the next Microsoft. And the usual result of this is you loan your brother-in-law $20,000 for his can’t-miss business idea, and 3 years later your money is gone.
Even Bill Gates and Warran Buffet and Donald Trump can’t turn $20 million into $35 million risk free. There is no secret that the ultrawealthy know, that the Wall Street insiders keep to themselves. It’s all out in the open.
The sooner you disabuse yourself of this notion, the sooner you’ll actually start investing wisely with long term sensible goals.
Chasing a magic formula, a golden ticket, that ultimate secret is a fool’s game.
You don’t just make a lot of money by investing $20,000 in something that everyone else can buy.
If you have 20K and you need 20K in a year, put it in something secure. If you have 20K and you want it to be 150K when you retire, put it in the stock market and forget about it.
Solid.
And don’t worry about sharing secrets diggleblop - people invest wisely and share their success stories all the time, it’s not going to make a lick of difference if you tell someone something about good investing. Now if you find someone who is going to pull a Martha Stewart on you…back a way slowly, and never make eye contact…
Read the jester brothers, they speak the trusth for the most part.
You should start a company that makes ridiculously large condoms with warming sensation and ribbing.
Or make them ridiculously small and market them to India! 