If you had 10 grand - How would you use it to make more money

33
Found 19th Aug 2011
if someone said to you , ill give you 10 grand but you have to use that to make more money , what would you do ?

Invest it and what would you invest in
start a business ......... what would you provide ?

winning answer gets 10 grand ........................'Cough' 'Cough' in the year 3089
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Not enough to make a difference... I would just spend it on handbags, wouldn't bring me more money, but much happiness.
systematic bets
Red
Original Poster
sickly sweet

I'd stick it in one of these: … I'd stick it in one of these: http://www.nsandi.com/savings-index-linked-savings-certificates




how much would that pay ?
Original Poster
munaaf

systematic bets




you have any sites for this , seems like BS
brock101

how much would that pay ?



As it is index linked (+ .5%) it changes, but it will always be above inflation and is better than plonking it in a bank account, plus it is tax free.
For example if you had invested the £10,000 in 1st May 2011, it would be worth £10,120 now which is pretty good.
Have a look in the website, all the information is there.
You need to lock the money away for minimum of 1 year, you can access it before then but you won't get any of the interest, you get the best rate if you leave it until the certificate expires in 5 years, it works on a sliding scale so the .5% is an average over the 5 years so you get the full benefit if you leave it in the full amount of time.
I would of purchased shares in Autonomy last week and sold them today.
deal
Buy shares and sell them, easiest way I made money.
sickly sweet

As it is index linked (+ .5%) it changes, but it will always be above … As it is index linked (+ .5%) it changes, but it will always be above inflation and is better than plonking it in a bank account, plus it is tax free. For example if you had invested the £10,000 in 1st May 2011, it would be worth £10,120 now which is pretty good. Have a look in the website, all the information is there.You need to lock the money away for minimum of 1 year, you can access it before then but you won't get any of the interest, you get the best rate if you leave it until the certificate expires in 5 years, it works on a sliding scale so the .5% is an average over the 5 years so you get the full benefit if you leave it in the full amount of time.




I do that
whatsThePoint

Had a £100 when i started, bought my house cash a couple of years later




I'm sure the rules for Monopoly say you start with 1500:p
£10,000 you can buy a lot of drugs.
By some lloydstsb shares at 28p (started year at 70p) and lowest fhey have ever been. Wait 1 year. Easy money.
dcx_badass

Can you add to it? Might move my money to it, atm split over ISA and … Can you add to it? Might move my money to it, atm split over ISA and premium bonds.



I think you can purchase additional certificates but I don't think you can add to the original one.
You cannot hold more than £15,000 of certificates per issue, so, as long as you don't go over the £15,000 limit you can have more than one certificate adding up to that amount (as far as I am aware, you might want to email and double check this).
The minimum is £100 if I remember rightly.
Black 8
Spend it on researching time machine mechanics.
Like I did yesterday. Go to Blockbuster and buy as many copies of Ninja Gaiden Sigma 2 as they have and then go into Gamestation and make £2 cash on each one. Seriously I would use it as a deposit on a repossessed house sold at auction and rent it out.
Sloth/Mod
whatsThePoint

Had a £100 when i started, bought my house cash a couple of years later



Thanks again for tea.

http://www.gardenbuildingsdirect.co.uk/images/products/littletikes/Little-Tikes-Picnic-on-the-Patio-Playhouses.jpg
Syzable

Thanks again for tea.



I heard his play house was haunted?
as has been said.. pile money into lloyds shares you will easily see a double+ in a year
Pop down to the library and 'pickup starting and running a business for dummies', read it, make notes, use knowledge to start an escort service.

Stage two will be you using the whoring profits to hire computer programmers to a) create mobile apps and b) create a server side backend for the app.
You will create a service offering temporary jobs based on user location. A real world mechanical turk.

Jobs could be simple such as

'wash the red car with number plate ending 455 outside number 17 main road, upload photos for moderator verification to release funds'
or
'mow my lawn, bring your own equipment'
or part of a larger plot.

If a user with high high risk job reputation points posts that they will be travelling from Barnsley to Sheffield, someone could task them to courier a package to a Sheffield destination left at specific GPS co-ordinates, to be picked up by another turker, all the way to the final destination. Packages will need to be well secured and have GPS tags in them. You will need to sell the sender mandatory insurance. Turkers will need to log real-world ID before being hired for such jobs.

The temp worker/ turker will get the full amount specified.
You will charge for listing the jobs and a % of the job price - there should be a minimum effort/ activity pricing to avoid sweatshop like exploitation.
The jobs will need to have human moderators at the start.
That work may be turked out.
You will need to patch various security holes in this system, such as having a the high-risk-turker scan the package with a bomb/chemical scent detector*

You will also be able to charge for the package bag rental (with its fun dye-pack secured gps/gsm/wifi p2p combo trackable system) and if you do it right you could end up Zynga big, or sell the business to ebay.

*The technology for all of this is almost/ here, concept credits go to metatropolis
Edited by: "biomehanik" 19th Aug 2011
Hydroponics
solar panels for your house.
if you face the right direction.
sickly sweet

I think you can purchase additional certificates but I don't think you … I think you can purchase additional certificates but I don't think you can add to the original one.You cannot hold more than £15,000 of certificates per issue, so, as long as you don't go over the £15,000 limit you can have more than one certificate adding up to that amount (as far as I am aware, you might want to email and double check this).The minimum is £100 if I remember rightly.



how does it work though? I got some money in premium bonds and this seems to be quite interestingggg
Buy some Solar panals stick them on the Roof and milk the government for the next 25 years
premium bonds. Just for fun.
Buy Gold
Buy shares of Gold Mining Companies.

There's only north on the charts for these guys.
At some point people are going to realise that they can't actually eat gold.
Original Poster
people talking about shares , do you have any information , where would someone purchase shares , i had a quick look and everywhere charges to buy shares , what website would you suggest and how exactly do shares work

also like the idea of doing up a house but its hard to get a morgage

im thinking along the lines anyone can do

like if i offered you the 10g and said go turn it into 15 what would you do

personally i think id take a punt on the footy , but even if you won , eventually your going to lose
Original Poster
so footy is not a long term business , im always hearing on tv ' i started with 100 pound ' and if them numptys can make millions with a 100 pound , surely some normal decent folk could do something great with 10 grand
Its freakin hard turning £10k into £15k quickly. I dont understand shares and given that they fall in value as soon as someone farts its not stable enough for me.

The easiest way would be to buy a car at auction and then sell it for a markup. You can normally make a £1-£2k markup so you only need to buy + sell a couple of cars to make 5G. However you better buy the right cars which mean they have to be the blandest, dullest, pieces of shiit on the planet. Nobody wants a decent car anymore.
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