Olly

You have £50k cash.

How easy would it be to double it (gross) in under 2 years? You are not risk averse and could use any (legit) method.

Before you ask, no I haven't. Rhetorical question for the Scoobynet financial massive

Jamie

Go to leeds/manchester/liverpool and sell crack cocaine

SPEN555

Horses,

Various bets at the bookies,

Casino, oh yes put it all on Black, no red....damn!

Jamie

Olly you could run a ***** house

moses

i can triple it God willing if he allows me

will put it down as a deposit for 3 houses

2 x 3 bedroom houses
1 x 2 bedroom flat, a interest only mortgage

and then get rental on it and also even if i dont make much in rental the prices of them if they woz newly built just a few yrs ago will go over at least minimum 10% tae 15% a yr if i got it in a right area God willing



glory tae God i done that many a time before and i hope i can dae it again

moses

a sin indeed but highly profitable, i dont recommend it


for 50k u can start a wholesale tuning business easily, i dae it for evos and bulk boys myself


and it brings in good money when i buy bulk

Jamie

Olly you could put moses on a lead and sell his ****

moses

lol hahahaa u cheeky sod u nah nah sell my kebab tae nice female models , lol but hey they need tae marry me first

LG John

I'd be 99% sure I could double it in under 6 months playing poker But then its probably taken me a full 3 years of hard learning and many, many hours of play to get to a level where I could do that.

Just for fun the maths:

With £50k I'd play NL£1000 tables with £5/10 blinds. I'd play 4 at a time looking to sustain a win rate of around 3bb/100 hands. Thats 3x£10 or £30/100 hands. 4 tabling you'll do around 330 hands an hour so £30x3.3 = £99 an hour. We'll call it £100. So I'd need around 500 hours of poker to do it but we'll factor in 750 to allow for potential drawbacks. At 6 hours a day and 5 days a week it would take me around 17 weeks The problem for me is building up to £50k in the first place!

moses

good idea but me personally that will go against my religion

but God willing their r many ways take make money oot of 50k


if ones a lazy *** u can always lend it tae the government and they can pay up tae 10 tae 15 % a yr on it but its not worth it when u can make alot mair

LG John

I take it you can't gamble? But surely every investment is a gamble? So how does that work? For example, you investing in property at the moment to make money is probably more of a risk than a solid poker player grinding out steady profit at poker! Many would argue its more of a gamble as well given the current housing climate!

Doubling a sum of money if you have a proven method isn't that hard. Like they say the easiest way to make £1 million is to start with £1 million. Unfortunatley may systems of investment or wealth generation have an upper limit meaning you can only double up so far. Whilst I could double £50k in that time I could not in all probability double £5 million to £10. This is because there aren't stakes in poker high enough to allow me to do it (well, there are but the VERY best players in the world play them and I'd get mauled!)

moses

mate business is def a risk, but its purer and u r working hard and trying but a gamble is blowing money away and getting addicted and destroying yerself and family and most of the time bad happens dont it

where a business is pure and u save money and u try and work hard

i luv loadsa money wae bad business but the same time i made alot tae and it woz a blessing and u learn by yer mistakes and u become a better human being and patient and u may say if u lose u become a better player u learn by yer mistakes but hey, if u wanna dae it, yer choice but i prefer business

cheers

Jamie

I could double it within minutes playing pool

moses get some recipes up mate

moses

i will dae bud


here is a whole link

pakistani food is indian food, dont let anyone kid u, pakistani's r fae indian stock


PakiRecipes - Pakistani Recipes Online :: Recipes

Jamie

Cheers chap

moses

your wilkommen

Jamie

Ffs its hard to understand your typing as it is........dont turn into a scot/indian/pakistani/german

moses

lol in my younger days i used tae answer back in some german words

i want many spouses in himmler ameen lol

it means heaven or paradise and u know yrs ago on the lancer forum my avatar woz kuhler krieger as in cool warrior , ich liebe evo;s lol i luv evos

warrenm2

yeah not too much trouble, use spreadbetting on the stock market, try IG index or CMC markets (UK Coal might be worth a punt, speculation on it about to be taken over, or Soco International, about to drill & test 2 oil wells [called "S" and "Deep E"] in the next 4 months that could double its price). Plus its all tax free!

LG John

The problem is to double that sum of money in a short period of time you have to either be good at something or bad but lucky! If you invest poorly in property you'll probably lose money but you could invest badly here and get lucky. Similarly, if you are poor at poker or the stock market or sports betting, spreadbetting, etc, etc you'll almost certainly lose the lot unless you get very lucky. For 'non-skill' systems you are generally restricted to your more typical 5-10% ROI per annum stuff. Anything higher than that will carry a very considerable risk. And absolutely nothing is risk free!! Even in my poker example I'd book around and about 200,000-250,000 hands! Whilst highly unlikely, I could theoretically have two bad blocks of 50k hands where i record significant losses resulting in a reduced overall return at the end of the accounting period. Similarly the system I suggested meant having 50x the buyin as a bankroll - that's pretty solid but not bombproof. Some big named pro's have had 30 buyin downswings over the course of 30k hands!!! A swing like that would put all but the most mentally sound players on mega-tilt! Even if you took your £50k roll and played $0.01c/0.02c blinds you still can't get your risk of ruin to 0% - it's mathematically impossible!

Why you asking this by the way?

LG John

If you'd asked this a month a go you could have been one of the Playstation 3 dreamers: for this you buy 100 PS3's and try and punt them all on ebay for £1000 each

rallycol

iTrader: (4)

Yes

pwhittle

A woman in my dept does event catering with indian food at weekends. Loads of prep time, but she makes more doing that than coming to work, very healthy profit margin.

Abdabz

I'd buy some things for 50k and sell them for 100k Easy peasy...

john banks

I think you should include your expenses including time. Also I think there should be a realistic estimate of the loss of your capital.

Presently I'm holding mainly cash because at this point I struggle to see something I can pick that will make a better return without excessive risk.

Brendan Hughes

Moses you twot, heaven in German is "himmel", not himmler - the latter was Hitler's right hand

LG John

So there you have it. Pay a top internet hacker £50k to bust into John's accounts and raid it for £100k total Job done in 20 minutes as opposed to 2 year

JB raises a key point though - time. Time is a resource and time is money. In my example I said it would take me the best part of 20 weeks full time. Pro-rata, allowing for holidays that's as near as makes no difference half a year. Subtract say £2k a month living expenses and I'm £12 short after 6 months meaning it'll actually take longer.

If there was a relatively low risk but easy strategy to double £50k to £100k then everyone would do it! You need to have a knowledge or skill that only a small percentage of the population posses to achieve it. For me that's poker. There are others on here that are into futures, sports betting, arb betting, etc, etc. All these things have one thing in common though - the vast majority of people that do them lose.

KiwiGTI

You could probably do something quite simple such as run a small business from home.

Start selling Wii's or PS3s, for example, you know they'd sell eventually.

Luan Pra bang

So Saxo boy if I were to give you 50k in a year would you be confident that you could give me back 75k with 25k pure profit for your goodself ?

Karl 227

*sits down, watches*