This threads more for fun then actual investement advice.
How would you go about turning 10 grand into 1 million big ones? Im thinking of some fun, creative ideas like:
Overseas trip to Africa to import rare looking masks to be sold in New York, ultimatly setting up an import/export business.
Becoming an illegal bookmaker
Investing in 3 risky biotechnology stocks, breaking into there labs, faking results, then when results are released reaping the rewards
Can be legal or illegal 
Legal: Nice safe index fund. Should take just under 60 years.
Not legal: Hire a cheap Afghani mercenary army to break into Fort Knox.
Buy the latest scanners and lasar printers, and use them to literally “make” money; i.e. copies of the remaining bills.
I’d find a way to buy into a casino, or I’d find a way to buy into Donald Trump.
Or, I’d try to way to capitalize on the gullibility and stupidity of the average American. (hmmm, maybe I already mentioned those)
General Questions is for questions with factual answers. IMHO is for opinions and polls.
Off to IMHO.
DrMatrix - GQ Moderator
Short the stock market, then hack into the newswires and report N. Korea has just dropped the bomb on China. Cover your short position after the market takes a dive. Then go long and sell after the market recovers.
Take the $10,000 and use it to trade $1,000,000 on margin (1:100 leverage) with an online brokerage. Use all the money to buy put options on big, liquid, publicly traded company X.
Proceed to “liquidate” CEO of company X in a very public, grisly fashion. Liquidate your position as soon as the news hit CNBC. (Put a limit order if you don’t want to sit in front of the TV waiting).
I have an email from an African businessman who simply needs your help moving some of his family’s wealth to the US from the banks in his country. Perhaps you’d like me to forward it to you?
Use the $10,000 to bribe a politician.
Get large government contract as a result of this bribe.
Count the cash, and flee to a country without an extradition policy.
I can turn it into a million pennies…
There is an internet company that was 1.1 cents last year, was as high as $1.35 last month…10 k would’ve given you a million…it is all a gamble,isn’t it???
Take money to Vegas.
Buy $10,000 worth of chips.
Go to Roulette wheel, bet on BLACK or RED. Your choice.
Win.
Repeat 6 times.
Cash in chips.
Oh, and you have to let your winnings ride. Almost forgot to tell you that. Whew! This is why I’m not a financial advisor. I miss the little things…
Au contraire, the casino would just love it if you went in and put 10 mil on red or black. Keep in mind that, because the roulette wheel has a green “0” and “00,” the odds of picking red or black correctly are actually 18/38, or 47.37%, even though you still get the double-or-nothing payoff.
At a player return of 94.74%, that’s a house edge of 5.26%. So, on average, the house would be seeing a $526,000 vig on that $10 million bet. Nice money if you can make it. Like the man said, “They ain’t buildin’ those big casino 'cause they lose money.”
“Let your winnings ride” means that you add your winnings to your original bet. So you don’t keep just betting $10,000. You bet $10,000, then $20,000, then $40,000 until you get over $1,000,000.
La la la la! I can’t hear you! La la la la la la…
Ahh, but the OP said “1 million big ones”. Fortunately, there’s a railroad track nearby…
Legally? Downpayment on a fixer upper house in a good area, (worst in the neighborhood) subcontract out major fixes, hire short term labor out and fix up the house quickly. Flip it over fast to either a larger real estate development company, or flip it semi-fast to another person / company / business / entity.
Do this a couple times till I have around 50-100,000 dollars in money, set aside a sizable amount in mutual funds, and set up a monthly deposit into those mutual funds. Start buying land in good locations, contract out the buildings and develop property, flip it over quickly. Continue flipping property and depositing into a mutual fund until you have enough to hold onto property.
Then start buying land, keeping it and renting it out in the right places. Continue investing in a mutual fund, spread money around through many things, invest in hard things like gold and silver. Start putting a lot into developing rent-properties, and eventually hire managing companies that will do everything including collecting rent. After this, sit back, set a larger portion of your passive income into mutual funds, keep a small portion for short term real estate things, and use the rest to live on.
In several years you will have several million dollars.
Ever see “How to Marry A Millionaire”