Investment ideas
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- Coin Op Group Elite
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Investment ideas
I thought I'd try and make use of what are probably the most entrepreneurial brains in the country.
Anybody got any good investment ideas away from vending.
Ideally low or no involvement. I just want to put the money in and count the returns. Havent really got too much spare time.
Cheers guys
Andy
Anybody got any good investment ideas away from vending.
Ideally low or no involvement. I just want to put the money in and count the returns. Havent really got too much spare time.
Cheers guys
Andy
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- Coin Op Group Veteren
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Re: Investment ideas
most hands off investments i've come across are pretty low return unless you want to take some real risk.
backing other small-time entrepreneurs is a good one but you have to make sure you can get the money back off them and hope that they don't flop.
Buy to let mortgages are un-regulated so if you've got a lot sitting in the bank you could try lending to landlords and worst case you repossess the house. if you do it yourself you can charge 10-12% if you go through an agent you can get 5% and the agent keeps the difference
backing other small-time entrepreneurs is a good one but you have to make sure you can get the money back off them and hope that they don't flop.
Buy to let mortgages are un-regulated so if you've got a lot sitting in the bank you could try lending to landlords and worst case you repossess the house. if you do it yourself you can charge 10-12% if you go through an agent you can get 5% and the agent keeps the difference
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- Coin Op Group Elite
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- Joined: June 1st, 2012, 11:00 pm
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Re: Investment ideas
Thanks, Im already into property but not convinced expanding in this area is right at the present time.
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- Coin Op Group Valued Contributor
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Re: Investment ideas
Not really into paper investments but i have bough shares and sold them in the past at a profit like recently when tesco went **** up i bought some shares and sold them when they went back up. What i did was look for shares near a 52 week low that are big companies that are well known for example ladbrokes was one share i bought and sold this year.
Silver is a good investment as well but not for the faint hearted
Silver is a good investment as well but not for the faint hearted
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- Coin Op Group Elite
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Re: Investment ideas
Ive followed that idea with shares before. But got badly burnt when I got £15k worth of Barclays shares and lost about 70% on them. Ive just started that again and done well out of Lloyds.
Ive seen websites selling gold and silver but they always seem to have big commissions on them.
Ive seen websites selling gold and silver but they always seem to have big commissions on them.
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- Coin Op Group Valued Contributor
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Re: Investment ideas
Try bullionvault (link http://www.bullionvaultaffiliate.com/L146705/en) as its easy to hold, buy and sell, obviously any investments you should look into yourself.
Why not invest more in vending by getting into different machines like fruit machines or something?
Why not invest more in vending by getting into different machines like fruit machines or something?
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- Coin Op Group Elite
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Re: Investment ideas
Thanks that looks interesting.
I would buy fruit machines or any type of machine for the right site. Its sites that are tough.
I would buy fruit machines or any type of machine for the right site. Its sites that are tough.
- Coin Operated Group
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Re: Investment ideas
you need an operators licence to have anything to do with fruit machines.
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- Coin Op Group Elite
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Re: Investment ideas
I understood you could use the pubs licence Matt. Is that right?
- Coin Operated Group
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Re: Investment ideas
You can until your caught and as long as the landlord doesn't say he gets the machine from you.