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.

2. 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.

3. 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.

4. 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%.

5. 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.