Using CFDs to pay for college
A group of buddies from college and me started researching CFDs or contracts for difference. We pooled our money and purchased an option on an oil company stock. In five days time the stock went up almost 30 dollars a share, and we closed the deal. The stock kept rising for almost another seven days. We all took home our share of the profits less the interest for the five days and the commission fee to the CFD broker. We each made a nice sum of money to help pay for college the next year. We have been doing it for the last two years and usually we do really well.