Money Making Methods

lukee1 · Post by **lukee1** » Mon Nov 12, 2012 6:16 pm

Apart from being players has anyone ever thought about any good business ideas for future investment or has anything ongoing at the moment ?

I thought about the usual stock market, property....

just wondering if anyone had any good plans or ideas

Roll_With_It_Russ · Post by **Roll_With_It_Russ** » Mon Nov 12, 2012 6:47 pm

whats usual about the stock market and property?

good plans and ideas are one thing, being a success is another thing.

assett investment is generally to preserve wealth and not create it, though you get booms in some areas, you can't just make money out of nothing all the time, there has to be somthing of value(labour) that foots the bill somewhere if you are to make anything.

Ruler of The World · Post by **Ruler of The World** » Mon Nov 12, 2012 8:17 pm

I'd steer clear of buying shares in bookmakers at the moment as I think something may well happen in light of all these anti-gambling programs soon which will cause them to lose out a lot of the FOBTs... not saying I know something, just a feeling.

lukee1 · Post by **lukee1** » Mon Nov 12, 2012 8:21 pm

Roll_With_It_Russ wrote:whats usual about the stock market and property?

good plans and ideas are one thing, being a success is another thing.

assett investment is generally to preserve wealth and not create it, though you get booms in some areas, you can't just make money out of nothing all the time, there has to be somthing of value(labour) that foots the bill somewhere if you are to make anything.

Sorry what i was meaning to say is being successful in these categories, thats just the usual to me

Roll_With_It_Russ · Post by **Roll_With_It_Russ** » Mon Nov 12, 2012 9:21 pm

lukee1 wrote:Sorry what i was meaning to say is being successful in these categories, thats just the usual to me

usually people are successful in property and shares? how old are you? have you ever studied economic cycles?

have you not seen the bubbles that have burst over the last ten years?

could you say you could of known when to get in and get out?

Roll_With_It_Russ · Post by **Roll_With_It_Russ** » Mon Nov 12, 2012 9:30 pm

Ruler of The World wrote:I'd steer clear of buying shares in bookmakers at the moment as I think something may well happen in light of all these anti-gambling programs soon which will cause them to lose out a lot of the FOBTs... not saying I know something, just a feeling.

I'd say they could be excellent value if they go down the route of capping stakes to £2, possible £5, they get the jackpot in creased to £1000, possible lot more progressive... oh yeah and get away from the casino content. Could be a machine though based all about a pre gamble.

The result would be a pure slots based machine, which would have the highest margin games left, which in large gambling organisations where slots account for 80% of profits.

gambling is only set to get bigger in the UK, as more surrounding european countries ban or tax gaming activity the Uk will just get stronger in this market.

As for buying the shares, its not the safest choices but certainly don't fear growth the big operators... the people funding the growth can't all be wrong can they.

Ruler of The World · Post by **Ruler of The World** » Mon Nov 12, 2012 9:54 pm

You may think as a fruit machine player that higher jackpot slots will pull punters in, but I can assure you, you're wrong. Its all about roulette, its the 1 step way to turn £100 into nearly £500 without needing a 2000/1 shot (or even less likely) jackpot on a slot to come in. Its games like Roulette Super Gambler (or whatever its called) which now make it even more essential because of the fact that you can effectively go all out for £500 every spin if you stake it so that you will have a decent return to gamble on every spin. Roulette is the big shot, the way to turn a day around for a punter who's been sat in the bookies all day losing. How often do you see people playing slots on max stake anyway? I say hardly ever. If the £100 stake on roulette goes, bookies will lose so much revenue they might well close down a lot of their shops, 1000s of jobs will go, opening hours will certainly be reduced signficantly. I don't know how likely this is to happen (some sort of cap on spending) but it is substatially higher thanks to those documentaries. A lot of pressure is on the government to stop this now.

What was it the guy on Dispatches said was how much you could do per hour? £17,000? OK I am sure no one has actually done it but just imagine that. Something has to be done, you can't drive down a street without having temptation to gamble between the hours of 8am and 10pm every day pretty much! The UK is the only place in the world where betting shops have so much liberty and its ridiculous.

lukee1 · Post by **lukee1** » Tue Nov 13, 2012 12:58 am

Roll_With_It_Russ wrote:usually people are successful in property and shares? how old are you? have you ever studied economic cycles?

have you not seen the bubbles that have burst over the last ten years?

could you say you could of known when to get in and get out?

As a matter of fact i have looked in to it (not really studied)

I suppose there is 2 ways to go about it if you had spare money you did not need lets say 10k the sensible thing would be a long term investment such as utilities, or to invest 10k in to a new and upcoming company this would be a big gamble but could earn a lot of quick money suppose it's down to you .... personally i would like the quick return down to good research i suppose ?

Roll_With_It_Russ · Post by **Roll_With_It_Russ** » Tue Nov 13, 2012 2:44 am

lukee1 wrote:As a matter of fact i have looked in to it (not really studied)

I suppose there is 2 ways to go about it if you had spare money you did not need lets say 10k the sensible thing would be a long term investment such as utilities, or to invest 10k in to a new and upcoming company this would be a big gamble but could earn a lot of quick money suppose it's down to you .... personally i would like the quick return down to good research i suppose ?

its a matter off fact that there is loads of property investors on the egde right now, sitting on massive paper losses if they had to exit the market right now... the only thing that keeps them from going busto is the low interest rates.

Plenty of people went skint in the dotcom bubble, lucky for mony of them there was still plenty of cheap leanding about at the time.

investing is not about gambling, investing in a start up is a pure punt, nothing more, yes you can calculate the odds, but not be long term unless you are using it as part of a very large widespread portfolio.(that red head on the dragons den went skint on some start up).

10k investments are quite easy to invest in tax free ISA rappers, simply the best form of investment for a tax payer, higher rate one even better.