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Offlinech1ck3n.s0up
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What's the fastest way to turn $1.00 into $1.10?
    #24331532 - 05/19/17 12:40 AM (1 month, 5 days ago)

So, I've been thinking (and drinking) a bit.

It occurred to me how making 10% on your money in a year is considered an investment achievement. 10% beats all sorts of investment vehicles: CDs, money markets, most (if not all) bonds. In many years, you'd even be on par with the S&P (SPY). You'd keep your job on an asset management team.

So, if we shrink this down to a micro level, I thought, "What is the fastest way to turn $1.00 into $1.10?"

I still haven't got a good answer!

Obviously, the $1.00 has to be invested into something. Nobody in their right mind going to give you $1.10 for a $1.00.

What to do, what to do...

Obviously the $1.00 has to take some form that someone will pay $1.10 for.

Interesting problem.


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Edited by ch1ck3n.s0up (05/19/17 01:25 AM)


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OfflineUsernameser
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Re: What's the fastest way to turn $1.00 into $1.10? [Re: ch1ck3n.s0up]
    #24331868 - 05/19/17 04:22 AM (1 month, 5 days ago)

Drugs lol.


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Offlinetripo3
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Re: What's the fastest way to turn $1.00 into $1.10? [Re: Usernameser]
    #24332188 - 05/19/17 08:54 AM (1 month, 5 days ago)

buy something and flip it lol. Back in high school kids will buy boxes of chips and candy and sell them in class for more. Kids stay hungry and wanting snacks lol it worked out for them. Or gamble it.


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Invisibledemiu5
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Re: What's the fastest way to turn $1.00 into $1.10? [Re: ch1ck3n.s0up]
    #24332327 - 05/19/17 10:20 AM (1 month, 5 days ago)

Quote:

ch1ck3n.s0up said:
So, I've been thinking (and drinking) a bit.

It occurred to me how making 10% on your money in a year is considered an investment achievement. 10% beats all sorts of investment vehicles: CDs, money markets, most (if not all) bonds. In many years, you'd even be on par with the S&P (SPY). You'd keep your job on an asset management team.

So, if we shrink this down to a micro level, I thought, "What is the fastest way to turn $1.00 into $1.10?"

I still haven't got a good answer!

Obviously, the $1.00 has to be invested into something. Nobody in their right mind going to give you $1.10 for a $1.00.

What to do, what to do...

Obviously the $1.00 has to take some form that someone will pay $1.10 for.

Interesting problem.






probably offering low-interest rate personal loans to people


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OfflineLogicaL Chaos
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Re: What's the fastest way to turn $1.00 into $1.10? [Re: ch1ck3n.s0up]
    #24332929 - 05/19/17 03:05 PM (1 month, 4 days ago)

U could try currency exchanges :shrug:

Might lose money thou.

One dollar personal loans :lol:

U could try the candy thing. Like go to the dollar tree, buy some candy, then sell at $1.50 to $2.00. Marking up prices of goods is the simpliest way.

Butba one dollar investment isnt going to go far at all...


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InvisibleAhab McBathsalts
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Re: What's the fastest way to turn $1.00 into $1.10? [Re: LogicaL Chaos]
    #24333004 - 05/19/17 03:36 PM (1 month, 4 days ago)

Vending machines. Buy candy bars or sodas for. 75 and sell them for 1.25. Might take a few months for the machine to pay itself off thou.


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OfflineLogicaL Chaos
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Re: What's the fastest way to turn $1.00 into $1.10? [Re: Ahab McBathsalts]
    #24333028 - 05/19/17 03:42 PM (1 month, 4 days ago)

Danm vending machines are thousands of dollars thou :eek:

I always wondered where u can put them? Do u lease the area that vending spot like at a store or something? Hows it work exactly?


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OfflinegeokillsA
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Re: What's the fastest way to turn $1.00 into $1.10? [Re: ch1ck3n.s0up] * 1
    #24333087 - 05/19/17 03:56 PM (1 month, 4 days ago)

Investing in unsecured peer-to-peer debt securities via LendingClub.com has reliably turned $1 into $1.06-$1.09 on an annual basis for me, going back ten years now.


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Re: What's the fastest way to turn $1.00 into $1.10? [Re: LogicaL Chaos] * 1
    #24333205 - 05/19/17 04:31 PM (1 month, 4 days ago)

Quote:

LogicaL Chaos said:
Danm vending machines are thousands of dollars thou :eek:

I always wondered where u can put them? Do u lease the area that vending spot like at a store or something? Hows it work exactly?





i had an ex-girlfriend whose parents were in the vending business for a while, her dad may still be.  anyways, what she told me was most places take a percentage off total merchandise sold (% varying by contract), but some charge a flat rate per sq.ft. or machine


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OfflineLogicaL Chaos
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Re: What's the fastest way to turn $1.00 into $1.10? [Re: geokills]
    #24333320 - 05/19/17 05:23 PM (1 month, 4 days ago)

Waaah? Online peer-to-poor loans :lol: Ok that was mean.

So its like the Napster of loaning? Interesting...


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Offlineiateshaggy
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Re: What's the fastest way to turn $1.00 into $1.10? [Re: LogicaL Chaos]
    #24333510 - 05/19/17 06:49 PM (1 month, 4 days ago)

profit returns on smaller amounts of money are higher.  as the principle amount goes up economies of scale bring returns down.


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Re: What's the fastest way to turn $1.00 into $1.10? [Re: iateshaggy]
    #24333793 - 05/19/17 08:32 PM (1 month, 4 days ago)

Sell loose cigs in NY just don't get choked out and die,rogue cops


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Re: What's the fastest way to turn $1.00 into $1.10? [Re: ch1ck3n.s0up]
    #24334571 - 05/20/17 02:04 AM (1 month, 4 days ago)

Cryptocurrencies. The smaller ones that are just getting started but have a ton of potential. You can invest a small amount in these and end up with a pretty big return.


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OfflineLogicaL Chaos
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Re: What's the fastest way to turn $1.00 into $1.10? [Re: sh4d0ws]
    #24340144 - 05/22/17 11:42 AM (1 month, 2 days ago)

I thinking this too. Bitcoin is already reaching higher limits, but it could grow more.

The new cryptoa like Ethryum (sp?) is probably a good idea atm.


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OfflineKryptos
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Re: What's the fastest way to turn $1.00 into $1.10? [Re: LogicaL Chaos]
    #24340949 - 05/22/17 06:12 PM (1 month, 1 day ago)

Cryptocurrency is the best way to make a 10% ROI overnight. It literally happened to me this weekend.

They are also a great way to make a -100% ROI, however, as evidenced by...let's call it "history".


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Re: What's the fastest way to turn $1.00 into $1.10? [Re: Kryptos]
    #24340956 - 05/22/17 06:14 PM (1 month, 1 day ago)

Rob a bank


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OfflineAsanteA
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Re: What's the fastest way to turn $1.00 into $1.10? [Re: DualWieldRake] * 1
    #24358113 - 05/29/17 06:21 AM (26 days, 7 hours ago)

Insulate your house to save on your heating bill.

Good insulation can have a permanent 10-30% annual return on the money invested in terms of reduced energy cost.

Buy food in bulk.

Cheaper, better. You save 10% or more on money invested.


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Re: What's the fastest way to turn $1.00 into $1.10? [Re: Asante]
    #24362187 - 05/30/17 04:15 PM (24 days, 21 hours ago)

Its like making money just by saving it!

:wink::thumbup:


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Re: What's the fastest way to turn $1.00 into $1.10? [Re: LogicaL Chaos] * 1
    #24365375 - 05/31/17 04:02 PM (23 days, 21 hours ago)

As Scrooge McDuck put it "A dollar saved is a dollar made." and that still rings true.

You are your own best customer.

If you buy bulk, you save the money you would have paid retail.

If you grow your own drugs, the same applies, if you'd sell them you'd get bulp price but if you use them you save what you would have payed retail.

If you own a house and insulate it well, or switch to LED lighting, or a more energy efficient appliance, savings are gains.

We piss away so much money on things we could have BETTER and CHEAPER if you planned ahead better.

A good recognizable example is when you are stoned, you are too lazy too cook so you order out, like a pizza.
So then you have to waste your high to muster the composure to order your food and then you have to wait a CENTURY for the food to come and deal with the delivery and then you got, well, that. What a waste of high and money.

Plan ahead. There are plenty of foods which are immediately edible with no preparation, no waiting period, dirt cheap and they are much healthier than a salty pizza swimming in fat.

Put some food in your house so that your lazy ass can make a sport of skipping grocery runs. If you do that, its convenient AND you save money and excess pounds.

"A dollar saved is a dollar made."

Invest in your brain economizing your daily life so that you save money. For the avarage Shroomerite that frees up a hundred bucks a month at the very least.


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Re: What's the fastest way to turn $1.00 into $1.10? [Re: Asante]
    #24366784 - 06/01/17 02:36 AM (23 days, 10 hours ago)

You are the man Asante! I love your life approach.


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Amazon Shop: Scales

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