the following is legal but not pretty or morally brilliant..
set up a limited company..rent a large warehouse.. larger the better..put down 3 months rent next payment due in 3 months..
charge tyre fitters 2 quid per tyre delivered to recycle their tyres..you ll easily get 15k tyres in 3 months.. store them in warehouse..take all the income and distribute to the share holders as divdends monthly..
after 3 months declare company insolvent enter into a voluntary agreement.. keep accepting tyres.. total outlay 3 months rent and some phone calls total income 2 quid for every tyre..
walk away let someone else sort out the tyres whilst you count the 30k
Hold a raffle with 10k of it as prize money, sell 4000 tickets at 10GBP each.
Add some disclaimer on the ticket that if 4000 tickets are not sold the raffle is null and void with a refund.
At worst you keep your money minus printing costs, cushdey.
Set up a charity. Get publicity followed by govt and sucker rock star funding. Thereafter live like royalty on other people's money.
Invest in a small energy drink co with a massive ad budget.
Those who invested just $10000 in monster energy drinks 9 years ago, their shares would now be worth just shy of $half a million today 😯
I fear my advice is 9 years out of date.
The 1999 dot com boom allowed for such growth but soon afterwards it reversed. Who has heard of Baltimore Securities or Durlacher these days? Shares that were going for 40 quid were down to pennies within a year. I had a very jittery but lucrative six months and blew the lot on a family world tour.
That is a pretty cool thing to blow a load of stock winning on!
If you're happy with violence and intimidation become a loan shark?
For slightly smaller returns and a thin veneer of respectability you could be a pay day loans company. Advertise with puppets to show how friendly you are. 😆
At 1% interest, you'd double the money in 300 years but, as you say, it will be worth less than what you put in.70 actually
ISA at 1.5% compound and it would take about 45. 2.5% (assume interest rates will rise) and it'll take about 30.
70 actually
I've no idea how I got 300 and didn't immediately think it was wrong. I'm hanging my head in shame.
300 years is probably optimistic based on current interest rates
I doubled a sum of several thousands over 5 years by sticking it in Fundsmith and forgetting about it.
Another shout out for Fundsmith. Terry Smith is as no-nonsense as they come and he consistently delivers.
totalshell it is very illegal, no permit for storing waste, illegal waste transfer station, waste carriers license????, we have jailed people for that and then the cost to the taxpayer to clean it all up.
If you have £1,2 million I have a 99% foolproof way to turn that into 3 to 5 million in 12 to 18 months....
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Who ever said "training" was probably right.
Invest it in yourself and you should easily be able to get a 10k pa pay rise. Doubling your money in 6 years is a pretty healthy return.
Good point. MBA, then bollocks up a succession of companies with your superb managerial style, moving up before the crunch each time.
