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How can I turn £500...
 

[Closed] How can I turn £500 into £1000

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[#1381260]

Seriously, I've got 500 pounds sitting here, and Ive decided that rather than just spunking it, I should try to increase it. What should I do? I dont want to do anything too risky.

Any ideas?


 
Posted : 04/03/2010 11:56 am
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I dont want to do anything too risky

you think you can double your money without being risky? do i need a visa to visit this enchanted planet?


 
Posted : 04/03/2010 11:58 am
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give it to me. I promise to give you back £1000 in 2020. Unless I'm dead. Or you're dead.


 
Posted : 04/03/2010 11:59 am
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if anyone has the answer the whole world would be interested!


 
Posted : 04/03/2010 12:00 pm
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hah, well i dont mind a bit of risk, I just dont want TOO much...


 
Posted : 04/03/2010 12:00 pm
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Put in front of a mirror. Worked for me


 
Posted : 04/03/2010 12:00 pm
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Its much easier to turn £1000 into £500 as i have done.


 
Posted : 04/03/2010 12:03 pm
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Give it to Barclays, they were able to turn an 18 quid overdraft into a 300 quid debt for me in only a couple of months. That was a few years ago too, imagine what they could do now.... 😆


 
Posted : 04/03/2010 12:04 pm
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Haha, I'm good at that as well Stonemonkey.


 
Posted : 04/03/2010 12:05 pm
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Loan shark it


 
Posted : 04/03/2010 12:05 pm
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Can I be of service to you, good sir?

[img] [/img]


 
Posted : 04/03/2010 12:07 pm
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Cut each bank note in half, then you'll have doubled your cash.


 
Posted : 04/03/2010 12:09 pm
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Low risk.
Put it in a bank account at 3% fixed rate. Come back in 23.5 years.

High risk
Go down the casino and put it all on red.


 
Posted : 04/03/2010 12:10 pm
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Seriously? Buying and selling. I've just doubled £75 to £150 and I'm no expert. No, sorry, I'm not telling you how either. 🙂


 
Posted : 04/03/2010 12:12 pm
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Buy £500 worth of lottery tickets

OR

Buy £500 of crack, give it to your GF and bingo, instant crack whore. It'll pay you back handsomely in the long run.


 
Posted : 04/03/2010 12:12 pm
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Try NATIONWIDE they did it for me £35 quid O/D into £450 o/d in a very short time. 😈


 
Posted : 04/03/2010 12:12 pm
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Dealing drugs. I think heroin has the highest margins


 
Posted : 04/03/2010 12:13 pm
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Coke dealing. With the average purity on the street an alleged 5%, get hold of some pure base and you've the potential to do a lot more than double you money.

Alternatively I believe Crystal Meth can be made from Cough Medicine.
£500 of cough medicine I'd imagine will pay you back ten-fold.


 
Posted : 04/03/2010 12:17 pm
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especially if you cut it with something cheap

Nothing legal springs top mind except for gambling which is risky clearly?


 
Posted : 04/03/2010 12:17 pm
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[img] [/img]


 
Posted : 04/03/2010 12:18 pm
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put it in the building society, be worth a risk free £1003.38 (even more than you want) in 2080.


 
Posted : 04/03/2010 12:18 pm
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Scrounge cheap parts off the classifieds then stick them on ebay.


 
Posted : 04/03/2010 12:20 pm
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Time machine + the stock market? 🙄


 
Posted : 04/03/2010 12:23 pm
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Stu McGroo - what rate are you using for that? Donald has it right above - if using an ISA of course as tax is an issue otherwise.

If willing to put time in then the money combined with time is more likely to get results. Buying cheap at auctions and selling on? Buy tired bikes and do them up to sell on Ebay?


 
Posted : 04/03/2010 12:28 pm
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Seriously penny shares can be worth a try - but you might loose the money as well.

My dad does this and with a stake of a couple of thousand usually triples his money each year - but some years he has lost out. It pays for the holidays - this year is 3 wks 4* in south america. so last year he must have done well


 
Posted : 04/03/2010 12:29 pm
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ctznsmith:
Time machine + the stock market?

You will be wanting one of these then:

[img] [/img]


 
Posted : 04/03/2010 12:31 pm
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Are you any good at tuning full sus frames?


 
Posted : 04/03/2010 12:35 pm
 DezB
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On the drug theme - how about [url= http://en.wikipedia.org/wiki/Methadrone ]methadrone[/url] dealing. There was a great advert for it on breakfast TV this morning, so you're half way there with the marketing.


 
Posted : 04/03/2010 12:39 pm
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TandemJeremy - Member
Seriously penny shares can be worth a try - but you might loose the money as well.

My experience of penny shares is most of them rarely change price as they aren't traded much - you do need good information on what to get. Often they're companies on the verge of going bust....


 
Posted : 04/03/2010 12:41 pm
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My experience of penny shares is most of them rarely change price as they aren't traded much - you do need good information on what to get. Often they're companies on the verge of going bust....

Yep. As well,typically the spread is such that any money you would have made through an increase in price is just negated. Most people in the know avoid penny shares. They're penny shares for a good reason.


 
Posted : 04/03/2010 12:57 pm
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Invest in a movie??


 
Posted : 04/03/2010 1:20 pm
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'the quickest way to double your money is to fold it in your pocket'


 
Posted : 04/03/2010 1:32 pm
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2.10 @ SOUTHWELL - Sweet Child O'Mine

there you go


 
Posted : 04/03/2010 1:35 pm
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Buy some knackered old gas pipe racingbikes from the 70s and sell them on as fixers to gullible Guardian readers working in the meeja..?


 
Posted : 04/03/2010 1:37 pm
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Buy £500 worth of lottery tickets

You'd only need 1 in 10 of them to win a tenner each and you'll have done it! It must be likely, otherwise people wouldn't do it each week.


 
Posted : 04/03/2010 1:39 pm
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2.10 @ SOUTHWELL - Sweet Child O'Mine

there you go

Call me crazy, . . . but I've just had a fiver on it . . .


 
Posted : 04/03/2010 1:44 pm
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Call me crazy, . . . but I've just had a fiver on it . . .

If you win, I might go and buy £500 of lottery tickets!


 
Posted : 04/03/2010 1:45 pm
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Go to the casino ... play roulette and chuck it all on red or black 🙂


 
Posted : 04/03/2010 1:48 pm
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Track down the local gangster buy a gun and a balaclava, get yourself down the local bank and turn the tables on them. then with the change go to Boots and buy some vaseline (just incase it all goes wrong). jobs (possibly) a good un.


 
Posted : 04/03/2010 1:54 pm
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2.10 @ SOUTHWELL - Sweet Child O'Mine

there you go

Call me crazy, . . . but I've just had a fiver on it . . .

On the nose or each way?


 
Posted : 04/03/2010 2:00 pm
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On the nose or each way? Came in 3rd I think.

Blimey my clock must be slow?


 
Posted : 04/03/2010 2:03 pm
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Yeah I was being a 'div' and read the 'predictor' on a site as being the result...

...or I do have that time machine. 😉


 
Posted : 04/03/2010 2:06 pm
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On the nose or each way?

I reckon it'll be too short for EW


 
Posted : 04/03/2010 2:14 pm
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On the nose, . . . comeonmebeauty!!!!!!


 
Posted : 04/03/2010 2:17 pm
 Olly
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Are you any good at tuning full sus frames?

beat me to it.

how long does it take you to strip and service all the pivots in a tired kona?

add a rattle can paint job and Kaesae has a competitor!


 
Posted : 04/03/2010 2:30 pm
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