The methodology behind day trading is quite simple to understand. If you’re willing to take on more risk, day trading in the stock market could be one potential way to double your money. This is a classic way to grow your money and is recommend by almost every personal finance expert out there. You can only contribute a certain amount each year so be sure to check out the rules. Many employers will cap your contributions according to your pay so be sure to check out the rules.Īnother option is an IRA. Most employers offer some sort of match so be sure to check the details of your employment and enroll as soon as possible. If you do have an employer match – try to take advantage of this as much as possible. This is free money that could instantly double your portfolio. Granted, this won't happen overnight – but depending on which accounts you have, it could be faster than you think.įor example, if your retirement savings is sitting in a 401(k) – your employer might match any contributions you make. Having a retirement account that grows in value can be a great way to double your money. Looking to grow your money? Check out these amazing ways to invest so you can earn money daily! 5. When it comes to cryptocurrency, I recommend using Binance to buy and sell your crypto. That said, when you zoom out and look at the price of the most popular cryptocurrency, Bitcoin, it's extremely hard to argue against. If you're just getting started, I recommend sticking to the more popular coins such as Bitcoin, Bitcoin Cash, and Ethereum.Ĭryptocurrency is known to be extremely volatile and can have swings of 10% throughout the day. This could be one strategy to double your money in an hour – although it is very risky. You've probably seen all of the articles about how a millennial made copious amounts of cash investing in Bitcoin or other cryptocurrencies. They have target returns of 25%, making it amazing opportunity to build long term wealth with your money. While the chances are you won't double your money in 24 hours with Mainvest – it's an amazing opportunity to double your cash over time. It's completely free and you choose the businesses you want to invest it. Mainvest allows you to invest in small businesses for as little as $100. But it can be a complex process to start your own – not to mention a significant amount of work. Kevin was also involved in the establishment of the Connecticut Stem Cell Fund and managed CII’s PreSeed program, which makes investment in very early-stage companies with small convertible-debt instruments.Small businesses can be a lucrative investment to skyrocket your wealth. He managed CII’s $46 million BioFacilities Fund, which invested in wet laboratory space for bioscience companies, and managed CII’s two incubator laboratories in Science Park in New Haven. Kevin is a founding member and on the board of the UConn Innovation Fund, a partnership with Webster Bank, UConn and CII that makes investments in UConn-related technologies. He was on the board of Standing Stone when it was sold to Alere. Since joining CII in 2006, Kevin has led investments in, Torigen Pharmaceuticals, Affinimark Technologies, Cara Therapeutics (IPO), CaroGen Corporation, Discover Video, HistoRx (sold to Genoptix), Intelligent Clearing Network, Oil Purification Systems, Oxford Performance Materials, Perosphere, Precipio Diagnostics (IPO), Rapid Oxygen and Solais Lighting (sold to PowerSecure),BioWave Corporation, Point Pickup, WellLinks, Inc,Mininvasive Orthopedics Solutions, OmniCyte and others. He is a Senior Managing Director, Investments, at Connecticut Innovations (CII). Kevin is a board member of TREBEL, a position he has held since 2017.
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