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My friend was told by a coworker that he was able to grow $500 into $600k in four years. When I talked to my friend I called bullshit and said if he can’t show a picture of an account with that much money in it he’s lying. I can’t imagine anyone working where they work (fast food) would be doing it unless they had to. Unfortunately my buddy is asking for financial advice from this person and won’t heed my warning that it is probably too good to be true.
Does anybody think it’s possible this guy is getting the returns he claims? The dude also says he is from a rich family and just works for fun, but he made $600k totally on his own…sure.
Its possible to make exponential gains with option purchases. The problem with options is you have to get the timing perfectly correct to maximize gains and sell it before it starts to lose value. This is not easy and most novice are going to lose more than they win.
and Yes now that I read your post again the fact that he's STILL working there after making $600K proves he's full of shit because if he had that money he would investing his time monitoring the market not working a t McDonalds.. unless he was the franchise owner, but even then he'd most likely get someone to manage it for him.
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- 10 months ago
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