Expert financial advice needed!!!

[Deesee]

desolate said:

Deesee said:

OP,

you might want a have a word with the Mods, on your forum posting history it seems to have another profile attached...

He's just changed his user name. PH shows the name under which you posted at the time.

Thank you..

[EddieSteadyGo]

James_B said:

Like most people I’d not call you successful if you are scrabbling around for lunatic schemes to turn £10k into £200k at your point in life.

James is right on this one, selmahoose. £200k isn't *that* much money. It's not healthy to think of desperate means to hang onto assets that in this context you need to sell.

I know some BTL developers can get stuck in an acquisitive mindset where the idea of selling is an anathema. But you can't take it with you, and if you don't have the income to service a loan of this value, you might as well pick the lowest yielding, or the most difficult properties to manage, and sell them in a controlled way over the next few months.

And no-one is going to take your offer of a £10k investment to create £200k in 12 months. Pretty much anyone can get a £10k loan these days. The APR might vary according to their risk profile, but it is available. So they might as well do it for themselves rather than work for free in all likelihood for you for a year

[soupdragon1]

soupdragon1 said:

1. Crypto currency.
2. Forex trading.

1. Stick £10k on buying XRP and hope for the best.
2. Stick £10k on GBP/USD rising, with ultra high leverage and again, hope for the best.

If it fails, sell assets.

Well OP, did you follow my advice from the 16th? You would be up at least 20% in 2 days if you did...

[soupdragon1]

soupdragon1 said:

soupdragon1 said:

1. Crypto currency.
2. Forex trading.

1. Stick £10k on buying XRP and hope for the best.
2. Stick £10k on GBP/USD rising, with ultra high leverage and again, hope for the best.

If it fails, sell assets.

Well OP, did you follow my advice from the 16th? You would be up at least 20% in 2 days if you did...

You must be smoking it now OP, turned £10k to £14k in less than a week.

Come Christmas, you just have enough spare for a Lambo.

(Investment x Time x Distance to moon = Lambo)

[Dr Mike Oxgreen]

I have heard there's good money to be made down the docks, doing favours for sailors.

[uk66fastback]

What a bizarre thread.

[DonkeyApple]

uk66fastback said:

What a bizarre thread.

Just the usual groak thread where he claims to have an issue, asks the people he despises for solutions and then says he’s found the solution thus making out that he is superior to the group of people he despises.

There’ll be another such thread within 6 months. Maybe sooner what with Christmas looming and the likelihood of increased alcohol consumption.

[superlightr]

selmahoose said:

Well! What a good day it's been!

This thread's been great and a valuable assist with the "project". I have always been a fan of "brainstorming" and those who know how it 'works' can probably very easily see how such a spread of very varied inputs can positively impact on a required outcome.

Particular thanks are owed to Wisbech, one of whose contributions combined with something I saw on telly last night combined with a coincidental phone call from an old associate look like the fickle finger of fate and fortune saying Do it! Do it! Do it!!!

But other great "advice" - some direct (Julian and others) and plenty 'left-field' too (rob a feckin' bank indeed!) - is exactly what's required to stimulate the thinking and enthusiasm.

Even the haters add to the determination to win even if they do appear to have a pretty low bar on what they consider "successful" - and seem to vehemently dislike it too.

Eddie you really need to take a better newspaper!

Derek, Phil, how kind! But I've tired of PH and much prefer real world interaction. So I'm going to rejoin the 99.99% of internet users who aren't on it. Not often, anyway.

Thought you had gone back under the bridge not to be seen or heard of again?

Edited by superlightr on Wednesday 5th December 14:17