£10 To Invest - Page 2

chav1 · 29-01-2007, 18:34

around 1978 i stole/borrowed £5 from my mums purse and purchased as many click top biros that i could

i then went door to door around baxenden selling these pens at 50p each more than doubling my money and putting the £5 back before it was noticed missing

i tried again a week later but by mistake took two five pound notes and when i handed it across at the news agaents she rang my mum because she thought £10 was an awful lot of money for a 7 year old to be having

i go beat sensless but it does show that crime does pay as long as you dont get greedy or make dumb mistakes lol

around teh same time another profit making enterprise was in full swing

me and friends used to collect golf balls from the fields surrounding the baxenden golf course and sell them door to door , if buisness was slow we used to hide and nick golf balls as they landed on teh green

kids can be very resourcefull but i suppose the £10 head start wont hurt but any kid with any get up and go about them wont need the £10

katex · 29-01-2007, 18:57

Heard a little bit of this myself Jambutty at lunch .. didn't quite catch who would be funding the £100,000 in the first place. ?

Seems groups could also amalgamate to raise more capital for investment.

Loved the idea of the 'entrepaneur' who suggested framing it (as would become famous later) to raise collateral against a loan of say £1,000 as would sell on E-bay/auction later ... mmmm . not so sure.

garinda · 29-01-2007, 19:01

Stupid idea.

Unless one of them happens to buy a bag of skank with it.

Who knows, perhaps in a year or so, a few of them might be millionaire drug dealers.

garinda · 29-01-2007, 19:02

The same lessons could have as easily been done in theory, for instance following the Stock Market, etc., and the money spent on books.

andrewb · 29-01-2007, 19:03

Such a misanthropic view of human nature garinda!

(yes I did promise someone i'd use that word today)

LancYorkYankee · 29-01-2007, 19:05

I think it's an interesting idea. I just hope there's alot of accountability and a really drive for the kids to all attempt to "improve the lot" of the 10 quid.

jambutty · 29-01-2007, 19:18

Quote:

Originally Posted by garinda

The same lessons could have as easily been done in theory, for instance following the Stock Market, etc., and the money spent on books.

Indeed they could garinda but with real cash the lessons would be learned that much better.

I’m pretty sure that there will be some sort of accountability LancYorkYankee. No doubt there will be some who will be off to the nearest off license for a packet of fags and a bottle of something but I think that most will enter into the spirit of the deal with relish. And I don’t mean that they will buy burgers.

garinda · 29-01-2007, 19:27

Quote:

Originally Posted by jambutty

Indeed they could garinda but with real cash the lessons would be learned that much better.

Well then, perhaps even more lessons could have been learned if they had to raise the inital £10 investment from scratch themselves.

That would impress me, and would have shown greater entrepreneurial skill.

After all it's rare in real life for someone to stump up the dosh straight away for any new business, without any inital ground work having been done.

A more interesting lesson, and all for free, and the money could then have been spent on more important items, such as books.