Do you enjoy gambling? As in, do you enjoy games of pure chance where you could lose your money? If not, don't invest in stocks. No one beats the market. Put your extra money into index funds with low fees if you want something safe. If you want something riskier with better upside (where skill is actually involved), try something like urban real estate. Obviously you still have to know what you're doing, but there are opportunities for people with enough to buy places in cash.

In short: do not do this.

Further reading:

http://cashcowcouple.com/investing/stock-picking-always-losi...

Key passage:

> Professionals Can’t Pick Winners

> The New York Times article, “The Prescient are Few” (1) offers a great look at the study (2) by Professors Laurent Barras, Olivier Scaillet and Russell Wermers about the performance of 2,076 professional mutual fund managers over a 32-year time period.

> The result are what I’d expect. They found that from 1975 to 2006, 99.4% of these managers displayed no evidence of genuine stock picking skill, and the 0.6% of managers who did outperform the index were “statistically indistinguishable from zero.”

> Professor Wermers goes on, “This doesn’t mean that no mutual funds have beaten the market in recent years. Some have done so repeatedly over periods as short as a year or two. But the number of funds that have beaten the market over their entire histories is so small that the False Discovery Rate test can’t eliminate the possibility that the few that did were merely false positives”

Also:

https://blogs.cfainstitute.org/investor/2014/11/06/mission-i...

https://www.biggerpockets.com/renewsblog/2015/04/16/ridiculo...

http://www.forbes.com/sites/rickferri/2012/03/12/why-smart-p...

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I earned 5 bitcoins by creating dank memes when they were almost worthless. You know, when nerd gold would be traded 500 / pizza. I held onto them and sold them for 5k. The return worked out pretty well. Do something similar IMO.