Money Like a Pro
Finance

5 Risky Investments That Could Make You Rich

If you are looking at investing in order to get rich, you should be interested in taking risks. While there are many investments that are good for building long-term wealth, there are also risky investments that could make you rich.

Of course, the trade-off for these risky investments is that you could also lose money. You should only invest in these opportunities if you are willing to take the risk.

Here are 5 risky investments that could make you rich:

  1. Penny Stocks

Penny stocks are stocks that are priced at less than $5 per share. These stocks are considered to be very risky because they are often issued by small companies with little to no earnings.

However, penny stocks can offer investors the opportunity to make a large return on their investment if the stock price increases. For example, if you invest $1,000 in a penny stock that doubles in price, you will have made $1,000.

  1. Options

Options are another risky investment that can offer investors the opportunity to make a large return. Options are contracts that give the investor the right, but not the obligation, to buy or sell a stock at a certain price.

If the stock price goes up, the option will be worth more. For example, if you buy a call option for a stock that is trading at $10 per share and the stock price goes up to $20 per share, the option will be worth $10.

  1. Futures

Futures contracts are another risky investment that can offer investors the opportunity to make a large return. Futures contracts are agreements to buy or sell a commodity at a certain price in the future.

If the price of the commodity goes up, the futures contract will be worth more. For example, if you buy a futures contract for gold that is trading at $1,000 per ounce and the price of gold goes up to $1,200 per ounce, the contract will be worth $200.

Money Like a Pro

  1. Leveraged ETFs

Leveraged ETFs are exchange-traded funds that use leverage to increase the return. Leveraged ETFs are considered to be very risky because they can lose money in a down market.

However, leveraged ETFs can offer investors the opportunity to make a large return in a bull market. For example, if you invest in a 2x leveraged ETF that tracks the S&P 500 index and the index goes up 10%, the ETF will return 20%.

  1. Bitcoin

Bitcoin is a digital currency that is not backed by any government. Bitcoin is considered to be very risky because it is a new technology and there is a lot of volatility in the price.

However, Bitcoin can offer investors the opportunity to make a large return if the price goes up. For example, if you invest $1,000 in Bitcoin and the price goes up to $10,000, you will have made $9,000.

Best Tips on How to Start Eating Healthy and Losing Weight
Health

Best Tips on How to Start Eating Healthy and Losing Weight

If you’ve been on a diet for any time, you’ve likely noticed that it sometimes takes some time to get results. In other words, it usually takes some work to get a good, long-lasting result from a diet. A healthy diet is an excellent option for anyone looking to make significant changes, whether trying to lose weight or want to feel better. It’s helpful to have a few tips on how to go about making those changes.

 

It’s important to set reasonable goals. If your goal is weight loss, be patient and put in the work to get there. An excellent weight-loss goal would be 1 or 2 pounds a week. Whatever you decide, make sure you set your sights high and are not just chasing smaller numbers. Being too ambitious could make you feel discouraged if things aren’t going well or put unnecessary stress on yourself when they do go full steam ahead.

Losing Weight

 

To burn fat and lose weight, you must eat healthy food each day — that means avoiding fast food, typically very unhealthy and filled with sugar. Also, avoid unhealthy snack foods like chips and candy bars and greasy sandwiches filled with fatty meats like bacon or sausage. These foods will only slow your progress down if you let them eat away at your health for a short period. Instead of eating these unhealthy things for two meals a day, try spacing them out over the day so that they don’t completely stop your progress toward better health care and losing weight.

 

Also, don’t worry if you’re exercising at a high intensity or doing an intense workout. Remember, you want to be working out hard enough so that you’ll see results fast—but not so hard that your body has no choice but to burn fat as fuel. But lower intensity exercise still counts, too. You can do this by riding your bike or doing another activity.

 

In conclusion, the intermittent fasting concept is a breakthrough strategy for anyone who can practice a healthy lifestyle. Women and men can employ this concept to help them have a healthy body and a fit physique and looks great at the same time. It doesn’t require making significant changes in their daily routine, but it has many health benefits too good to miss out on. If you want better results, try taking short breaks from your busy schedule to switch things up and make your body happy.