High risk/high return short term ideas for the clueless?

[ReasonsToBeCheerfull]

I know almost next to nothing about investments. A base level knowledge.

If you had £1000 that you were willing to risk losing completely but wanted to try to get as close to 100% return on it within a year, what would you do with it?

Open to all ideas including splitting it into parts and and doing different stuff.

I know I'd have to be looking at something with high volatility but have no idea about where or how to start looking or whether I should be trying to put it into a single share or a fund or what?

Walthamstow Dogs...?

Seriously, if you know next to nothing about investments then you're basically gambling anyway. A bit like crypto.

For proper high risk investments you can consider the firms looking for SEIS funding or funds at the very high end of the volatility scale, but 100% returns are not likely.

Don't invest it in social media promoted esoteric stuff, as these are likely to be scams.

Put it all on red and let it spin…

Man Utd are 2/1 to beat Brighton tomorrow. That'll give you immediate 100% return

Come on - you know what I meant. I didn't mean actual betting and gambling where you are having a punt not buying an asset.

If you are buying an asset even if the price goes down, you still own the asset.

I was asking for a steer from people who know about what would be a good high risk investment with a least of a chance of a high return.

thanks @jaundicedoutlook For proper high risk investments you can consider the firms looking for SEIS funding or funds at the very high end of the volatility scale, but 100% returns are not likely.

Take a look at AIM (alternative stock market), mostly high risk tech and biotech. It’s possible to make over 100% in weeks (sometimes days if there’s a breakthrough for the company e.g. getting through a P3 trial, etc), but also to lose similar…. Most brokers like Hargreaves Landsdown will let you buy shares on it.

Invest in learning a skill that will earn you that sort of money.

Take a look at AIM (alternative stock market), mostly high risk tech and biotech. It’s possible to make over 100% in weeks (sometimes days if there’s a breakthrough for the company e.g. getting through a P3 trial, etc), but also to lose similar…. Most brokers like Hargreaves Landsdown will let you buy shares on it.

Thanks @CantHaveTooMuchChocolate - do you (or anyone else) have any suggestions as to where is a good place to read and get tips for companies to invest in like this? I'm assuming that like all chat forums some are better than others? which are the better ones?

@TomeTome I already have that -where do you think the £1k came from in the first place!

@ReasonsToBeCheerfull how Paul n Earth would any of us know where you got a £1000 from??? It honestly sounds like you should ask your mum to keep it till you’re 18.

Matched betting - it will take about 6 months with that amount to double your money as a newbie (and poses no risk to your original capital). You just need a bit of regular time each week to devote to it. No need for risky investments…

Did something similar recently with £1000 to invest long term - say 10 years. Obviously I don't want to lose it, but honestly it won't break me if I don't get much return and I won't need the money short term.

Got a referral code for Nutmeg via my current account Chase.
They're part of JPMorgan, so feel confident they won't disconnect the phone lines and midnight flit with my cash lol
Set up a GIA (general investment account) and you can pick your appetite for risk / ethical investing.
They then do all the trading / component parts of the package between shares, bonds, currency etc in exchange for a % management fee.
Their App simply shows me the value of my fund.

Will see how it goes over time!

www.nutmeg.com/general-investment-account

No one's pointing out the investing basic that the key to returns is time. Your one year time frame means it's almost a certainty you won't see a significant return. Investing is get rich slow game, not quick. That's why its not a bad suggestion to bet the money as that's the only method that fits your time frame. If there were well established easy routes to having a good chance of doubling money in a year everyone would know about it.

Commodities like BP, Total Energies, Chevron, and Shell have done very well with fuel price hikes. BAE Systems does well with war in Ukraine. I have these stocks in my portfolio and they have done very well over the last 12 months. Over the same time period most stocks were not anywhere near as successful. Theres no guarantee they will continue to do well over the next 12 months.

Just by a 3x leveraged Nasdaq tracker

Yep, you could certainly double your money here https://www.hl.co.uk/shares/shares-search-results/w/wisdomtree-nasdaq-100-3x-daily-leveraged2 or you could lose an awful lot.

@Bucks67 @LadyEuphorbiaAirPod

Thank you - plesae could you give this novice at bit more help!

Just by a 3x leveraged Nasdaq tracker

I've seen the Wisdom Tree link - are there other leveraged trackers like this? I assume there are?

how do i find out about them? can anyone point me in the direction of a fairly good quality/reliable place to read about this stuff?

You can buy the Nasdaq tracker QQQ3 on Trading 212 or Hargreaves Lansdown, possibly others.
The problem is you need to get two things right, when to buy and when to sell.
You can buy other leveraged ETFs, search Just ETFs which lists what's available.
Usually leverage is to be avoided as in the wrong hands can be devastating, but if I was gambling a £1000 I would prefer this than Crypto or Pennie stocks.

https://www.nasdaq.com/articles/guide-to-the-10-most-popular-leveraged-etfs

US based but some information

Crypto definitely.

But you need to know what you're doing.

That's the problem with all these things is you need to know what you doing.
My advice would be to follow Warren Buffets advice and by a S&P 500 or World Tracker and get rich slowly over a few decades but most people don't have the patience.
Investing should be boring

I have some leveraged ETFs. One a super short coffee and the other a x2 short FTSE. But you can leverage all sorts - individual company share prices, commodity prices, indices.

I work in investing so I'm comfortable with risk. One thing I won't touch is spread betting or CFDs where you can borrow money (confusing also called leverage) and end up putting more than your own stake at risk. Same for crypto.

I have made more than 100% a year on normal funds but during the technology bull run which is well and truly over at the moment.

As for information, Trustnet is fantastic. You can filter funds and ETFs, look at their performance against their peers over different time periods, see a breakdown of their portfolio etc.

I use it a lot for work (Morningstar also ok although a bit less user friendly).

That's what I'm doing, in the main.