How would you turn £500 into £5,000 in 6 months?
How would you turn £500 into £5,000 in 6 months?
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Discussion

m1spw

Original Poster:

5,999 posts

256 months

Tuesday 21st February 2006
quotequote all
Heres the situation:

You are given £500. In 6 months time, if you have turned this into £5,000 you can keep it. You are not allowed to use any of your own money to boost the total. If you don't make the £5,000 you have to give the original £500 and any money you made with it back.

How do you do it?

Donut

4,521 posts

282 months

Tuesday 21st February 2006
quotequote all
Gamble

princeperch

8,301 posts

278 months

Tuesday 21st February 2006
quotequote all
either gamble or some very speculative investing in penny shares..

fido

18,930 posts

286 months

Tuesday 21st February 2006
quotequote all
several one-way bets in spread-betting (with stop limits perhaps)?!
you haven't to be very good & have alot of luck...

timmy30

9,325 posts

258 months

Tuesday 21st February 2006
quotequote all
Easy, I fly a stunning east European girl over to the UK, move her into the garden shed, put her on the game, and split the profits with her.

( garden shed as Mrs may object to presence of said stunner in the house )

scorp

8,783 posts

260 months

Tuesday 21st February 2006
quotequote all
Do you have to use legal means?

wolves_wanderer

12,959 posts

268 months

Tuesday 21st February 2006
quotequote all
Change it to Egyptian Pounds.

clubsport

7,417 posts

289 months

Tuesday 21st February 2006
quotequote all
Probably trading a mixture of stock index and bond/int rate futures on a spread betting type site...not for those without a good understanding of the markets.....

It would probably be more fun trying to buy an old banger for a few hundred quid,,,,then buy one for a grand,,,and move up that way.

The thing is it could be a lot of work over 6 months and you end up with 5k,,not the best reward/time pay back is it?

dick dastardly

8,326 posts

294 months

Tuesday 21st February 2006
quotequote all
Compete in lots of amateur poker championships

andy 308gtb

3,064 posts

252 months

Tuesday 21st February 2006
quotequote all
Buy a shooter for £500 - then visit the local post office.

hughesieII

12,802 posts

313 months

Tuesday 21st February 2006
quotequote all
timmy30 said:


( garden shed as Mrs may object to presence of said stunner in the house )


surely you mean "another" stunner - just in case she's reading this

Plotloss

67,280 posts

301 months

Tuesday 21st February 2006
quotequote all
Sell drugs

timmy30

9,325 posts

258 months

Tuesday 21st February 2006
quotequote all
hughesieII said:
timmy30 said:


( garden shed as Mrs may object to presence of said stunner in the house )


surely you mean "another" stunner - just in case she's reading this


Oooops er yes.

( Though I think she's quite unlikely to be )

J1mmyD

1,823 posts

250 months

Tuesday 21st February 2006
quotequote all
First two answers are gambling?

Forget that. Poker.



My best result to date is turning $6 into $3200 in a little over three hours. One year, I will buy in to play at Binnions ... I don't care if I win or lose that one .... I just want to sit at that game.

pmanson

13,388 posts

284 months

Tuesday 21st February 2006
quotequote all
Plotloss said:
Sell drugs



Whatever you do don't lend it to Plotloss!

m1spw

Original Poster:

5,999 posts

256 months

Tuesday 21st February 2006
quotequote all
J1mmyD said:
My best result to date is turning $6 into $3200 in a little over three hours.

Wow! Fancy teaching me how to do that?

J1mmyD

1,823 posts

250 months

Tuesday 21st February 2006
quotequote all
m1spw said:
J1mmyD said:
My best result to date is turning $6 into $3200 in a little over three hours.

Wow! Fancy teaching me how to do that?


I used to run an online poker team with lots of teaching and tips .... but to be honest, it reached the point where it took up every available hour. There is still an msn site somewhere with a leaderboard of best tournament results - my picture's the one on the top.



Editted: couldn't find that site .... for the life of me, I can never remember all the names, but a quick search did show this: http://groups.msn.com/PokahPics/fordc Im the one in the blue shirt with his back to the camera .... I still have two of those tables up in the back bedroom - anyone want one? I'm moving in a few months - the new house completes at the end of next month and virtually everything I have here will be going to charity shops.

>> Edited by J1mmyD on Tuesday 21st February 12:31

bad_roo

5,196 posts

268 months

Tuesday 21st February 2006
quotequote all
Always bet on black.

princeperch

8,301 posts

278 months

Tuesday 21st February 2006
quotequote all
J1mmyD said:
First two answers are gambling?

Forget that. Poker.



My best result to date is turning $6 into $3200 in a little over three hours. One year, I will buy in to play at Binnions ... I don't care if I win or lose that one .... I just want to sit at that game.


Unfortunatly, living with Kunkuwap at Uni (do a google or if you play on Laddys youll know who he is), ive seen money fly about the computer screen.

Usually ending up with him on tilt and losing most of it, unless someone pulls the plug..

Only poker it if you know what your doing, or have someone who will play for you.

Its very easy to play - but very difficult to master..

vixpy1

42,699 posts

295 months

Tuesday 21st February 2006
quotequote all
Buy a sht load of comdoms and become a rent boy?