Small high-risk investment
Discussion
SWMBO has just purchased one of these 20p coins, for an exhorbitant amount, convinced that it's going to be worth a fortune in 10 years time.
I've bet her that I can make more money in 10 years by sticking the same amount of cash somewhere else. It's a small sum - £104* - so I need to find somewhere I can put that amount of money and leave it for 10 years to exceed her projected profits on the 20p coin. I doubt the coin will be worth more than £300 tops in that space - but I could be wrong.
So, where can I stick my very small investment and sit back and watch it for 10 years? Am prepared for high risk; if it goes, it goes!
And no, I won't put it in your piggy bank/your beer fund/your car repair fund, etc etc. FSA regulated only!!
* which is NOT a small sum for a 20p coin!
I've bet her that I can make more money in 10 years by sticking the same amount of cash somewhere else. It's a small sum - £104* - so I need to find somewhere I can put that amount of money and leave it for 10 years to exceed her projected profits on the 20p coin. I doubt the coin will be worth more than £300 tops in that space - but I could be wrong.
So, where can I stick my very small investment and sit back and watch it for 10 years? Am prepared for high risk; if it goes, it goes!
And no, I won't put it in your piggy bank/your beer fund/your car repair fund, etc etc. FSA regulated only!!
* which is NOT a small sum for a 20p coin!
Edited by C8PPO on Wednesday 22 July 13:56
king madness.Dave_ST220 said:
Hey not such a bad deal, pay a grand get 6 coins.Flog em for a million each
http://cgi.ebay.co.uk/20p-Coin-NO-DATE-BOTH-SIDES_...
There are some lunatics out there ! ha ha
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