$1,000 Money Challenge

[MrPrena]

I am thinking about buying AMD 4.00 or 4.50 JAN14 CALLs.
Still finding out when and expiration date.

So far I'm down about $500.

Buy AMD JAN 14 4.50 CALL.

[Irving]

I don't know what that is, is it a stock?

[MrPrena]

Options.
https://en.wikipedia.org/wiki/Option_(finance)
http://finance.yahoo.com/q/op?s=AMD&m=2014-01

However, if you never bought the options before, I would just take a look at the stock. Options are like contract to Guaranteed to buy(call)/sell(put). It is like contract.

[encorehunter]

I haven't found anything in the last couple of weeks. I picked up a Citizen eco-drive womens watch for $2, think I could get $40 for. The Mrs.'s saw it, now I am out the $2.

Note to self, if you are buying jewelry for profit, don't let the Mrs.'s see it before it is being sold for profit.

[PugnacAutMortem]

This sounds like a kick ass challenge. I am going to have to wait until august to get in on this guy (bonus comes in!) but I have been wanting to invest ever since I got married 3 years ago. Things just keep coming up (kids, hospital bills, car repairs).

[Irving]

As expected everyone is kicking my ass so far.

[ChunkyMonkey]

We netted 2500% return on the first round of initial $1000. I texted Irving the proof Stu, being challenged is actually fun and encouraging! So thank you!

[Irving]

Welcome. That's why I started the thread. Encourage others and hope to learn and benefit myself.

[MrPrena]

We netted 2500% return on the first round of initial $1000. I texted Irving the proof Stu, being challenged is actually fun and encouraging! So thank you!

impressive....

[RCCrawler]

We netted 2500% return on the first round of initial $1000. I texted Irving the proof Stu, being challenged is actually fun and encouraging! So thank you!

So you invested nothing but $1,000 and walked away with $26,000?