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Anonymous
The returns look really good, and looking to grow capital quickly
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Jonathan Chia Guangrong
10 Mar 2019
SOC at Local FI
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CFD is a complex vehicle for investment, mainly speculation. While there are high possible returns, the risk is non-neglectable. To grow by another 10k in 9 months, you're expecting more than 100% profit per annum. To give you a sense on how much that is, Peter Lynch, regarded as on of the world's best investors, scored about 29.2% annualised rate of return. That is to say you're looking to beat the one of the world's best by 3x.
The other possible way with less risk is to have a side job. The pay only needs to be 1k per month which is more feasible.
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You can consider if you know what to do with CFDs and if you are 100% certain about the direction of the underlying counter. Remember, it is a double edged sword so your position can go against you as well and it'll be harder to climb back up.