£1000. Where would you put it?

[Davie_GLA]

Having a bit of a challenge with a mate of mine.

We were wondering just hoe much you could make on this amount over a 12 month period. Just a bit of banter to begin with but it got me thinking just what is possible.

Short of sticking it all on Red or Black (god damn ant n dec), and buying a cheap car and punting it on for a hundred quid profit what would PH do?

Period is open to change, i suppose a better way to do it would be to make as much back as quick as possible.

So, where would you put it?

D

[Somewhatfoolish]

I honestly would put it on some ludicrous asymmetric bet. The best I can think of is RBS shares, or maybe LEAPs on some yank bank IF you have no other money. I would do something totally different with £10k, but with 1k transaction costs are huge if you try to do normal things...

[Steffan]

If you start trading cars its a lot of work for not a lot of money.

And if you sell more than 7 in a year the IR etc will get interested. Its a business.

Short of the 3.30 at Kempton or a big accumulator there is not much.

As you say transaction costs are significant on small sums.

RBS shares strike me at a dead loss but you never know.

[Somewhatfoolish]

I thought of an idea that may work if OP can open a futures account... sitting on front month STIRS bids n offers, once its clear where fix will come in, should make a bit of moolah...

[Somewhatfoolish]

Or another option, OP can spread bet EURCHF by buying 1.2010 and selling 1.2090 and reloading again at 1.2010, stopping out at 1.1980 on a spread betting account. Should reflect the nature of that ccy pair the way it's being manipulated by SNB safely without risking any massibe moves.

[RemainAllHoof]

F458's gambling thread. IIRC in 2 weeks he's made 25%.

Or use it to sports trade. Make £1k a week if you have the balls to go all in every trade.