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1000 dollars in a month :S

Discussion in 'Business, Careers & Education' started by Windycity, May 4, 2011.

  1. Windycity

    Windycity Member

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    so for a tournament my team is going to we are trying to maximize our budget. My group has 6 people and we get a 100 dollars to invest, and our goal is to have 1000 at the end. how would you try to get a maximum outcome?
    cheers
     
  2. patrickBOOTH

    patrickBOOTH Senior member Dubiously Honored

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    Buy drugs, then sell them.
     
  3. imatlas

    imatlas Senior member

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    so for a tournament my team is going to we are trying to maximize our budget. My group has 6 people and we get a 100 dollars to invest, and our goal is to have 1000 at the end. how would you try to get a maximum outcome?
    cheers


    Over what period of time? What are the range of "allowed" investments?


    Buy drugs, then sell them.


    This, but keep in mind that security requirements will drive down your margins.
     
  4. Wolfador

    Wolfador Senior member

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    If you live in a casino state your best bet would be Blackjack.

    how are you at counting cards?
     
  5. randomkid123

    randomkid123 Member

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    When you figure it out, please hit me up
     
  6. skywalker

    skywalker Senior member

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    Invest that money into getting a full time job.
     
  7. dragon8

    dragon8 Senior member

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    Commodities and/or currency trading
     
  8. Harold falcon

    Harold falcon Senior member

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    Open a food truck and sell barely edible foodstuff you buy at Wal-Mart for big bucks to the tourists. Accept only cash so you don't have to report the income.
     
  9. yjeezle

    yjeezle Senior member

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  10. HgaleK

    HgaleK Senior member

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    If you live in a casino state your best bet would be Blackjack. how are you at counting cards?
    I'm pretty fucking good at counting cards and this isn't true. The best he could learn in a month is a hi-lo, and the bank roll is way too low. He'd go broke on a bad streak, which will happen even on a 3:2. He won't find single deck. Anything providing a stupid high roi takes a lot of time to learn or involves a lot of risk. If all of you get adderall or vyvanse prescriptions and have part of it covered by insurance you can do it. A tube of 90 60mgs goes for about $90 with insurance. Street price at a university for a 60mg is $6-8 on a regular day and $8-20 during finals. You can sell all 90 with only a few hours, buy the scrips that your buddies have, and be done with it. Edit: if you go the casino route, you're much better off with craps if you don't have time to learn or a high bankroll. You can't beat the house's odds like blackjack, but a few bets reduce their edge significantly enough that you can get temporarily lucky. You'll lose in the long run but may make that thousand in the short run.
     
  11. JChance

    JChance Senior member

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    If all of you get adderall or vyvanse prescriptions and have part of it covered by insurance you can do it. A tube of 90 60mgs goes for about $90 with insurance. Street price at a university for a 60mg is $6-8 on a regular day and $8-20 during finals. You can sell all 90 with only a few hours, buy the scrips that your buddies have, and be done with it.

    +1. True that.
     
  12. otc

    otc Senior member

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    Edit: if you go the casino route, you're much better off with craps if you don't have time to learn or a high bankroll. You can't beat the house's odds like blackjack, but a few bets reduce their edge significantly enough that you can get temporarily lucky. You'll lose in the long run but may make that thousand in the short run.

    Out of curiosity, what bets are these?
     
  13. imatlas

    imatlas Senior member

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    A well timed value play in the penny stocks could provide this level of return, but as mentioned above requires a non-trivial amount of knowledge and luck.
     
  14. ter1413

    ter1413 Senior member

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    Buy 1 ipad and sell em online to the japanese/chinese...
     
  15. Raoul Duke

    Raoul Duke Senior member

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    Buy 2 ipads and sell em online to the japanese/chinese...

    Please share your source for $50 iPads.
     
  16. ter1413

    ter1413 Senior member

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    Please share your source for $50 iPads.

    they pool the 100 bucks and buy 1 ipad..
     
  17. Cavalier

    Cavalier Senior member

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    you're looking for a 10 bagger too?
     
  18. pgd3

    pgd3 Senior member

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    Apr 4, 2011
    Spend 100$ on marketing materials for odd jobs.

    Play up the young kids trying to EARN money to go to a tournament.

    Willing to do hard menial labor.

    Then all 6 of you go to all of the jobs that call y ou looking to get things done.

    At the end of 1 month with 6 workers you should be able to have well over 1000$.

    Alternatively all get a job working as many hours as you can get at mcdonalds. Assuming 6X40hrsX4weeksX~8/hr you'll have well over 6K (depending on where your taxes drop you to).

    Or wait, did you not want to work?
     
  19. imatlas

    imatlas Senior member

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    you're looking for a 10 bagger too?

    Always.
     

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