Question:

Is there a legal and proven way to make more than 5% a month on my money ?

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Is there a legal and proven way to make more than 5% a month on my money ?

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  2. Yes, but not without taking on significant risk.

    The only way I can think to do so legally is by playing the stock market.

    Pretend you can buy a stock today for 100$ a share with no commissions or taxes when you buy or sell. If at the end of the year the stock rises to 160% per share, you will have made a 60% return, or 5% per month (assuming annual compounding if at all).

    If this same stock instead rises to say 180$ per share, you will have made an 80% return or 6.667% per month.

    So it can be done, but man, is it every hard to pick a winning stock like the one I described. That's where the risk comes in: yes your stock could go up by 80%, but it could just as easily come crashing down to 0$. No matter what anyone says, there is no such thing as a sure bet in the stock market and do not believe anyone who tells you any differently, no matter their credentials.

    To put things into perspective, the S&P500 index has returned an average of  just over 10% per year, and Warren Buffet's Berkshire Hathaway has returned in that same time period an average of 22% per year. So finding that one stock (or series thereof) that will over the years give your that 5% plus return on your money is...well.... nothings impossible, but very very improbable...

    Good luck!

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  4. no

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