Day Trading

Day trading is definitely a great way to make huge profits but many people don't know the SEC rules on day trading. The SEC requires that you have a minium of $25,000 in your market account in order to day trade. I would recommend getting a scottrade account set up and using that as your broker to place orders. You can setup a joint account with another account holder and use the combined account balance to create your $25,000 minium balance. I personally bought 2 $10,000 CD's at a 6 month term to have a safe place for $20,000 and the other $5,000 was used for day trading. I've made lots and lost lots doing this so do your research when taking such risk. I've also made large profits in real estate but location and timing play a large part in that. Real estate is more of a long range investment tool and can eat you up if you don't run the numbers right! You have to keep in mind that you're paying interest on your loan, taxes always go up, home owners insurance, and the rent money isn't always on time. A great place to invest internationally is cancun! Great rentals and its always a hot spot!