250k to invest

[busowner987]

What would you invest in if you had 250k?

I often look through the business section of the times on a sunday. I noted recently one of the large male strip companies was sold for a modest amount.

So what would you setup or would you jump into a franchise?

 

[Mark T Jones]

Personally I'd partner with a very niched finance company and lend it out.

Franchises at this level can be excellent; though do involve a lot of hard work and aren't for the inexperienced.

 

[ethical PR]

@busowner987 - do have a look at the multiple previous threads on here about what to do if you have £15, £50, £100, £250K etc to invest in a business.

 

[Gordon - Commercial Finance]

Personally I'd partner with a very niched finance company and lend it out.

Yes - I know of a finance company looking for capital to lend...!

 

[busowner987]

Lol..

I have a friend who knows somebody that borrows money and pays pack with good rates. Except I don't think he is the type of person you want to cross.

A finance company Hmmm. I'm just not sure the returns would be great and the risk I would imagine would be big.

 

[Mark T Jones]

Lol..

I have a friend who knows somebody that borrows money and pays pack with good rates. Except I don't think he is the type of person you want to cross.

A finance company Hmmm. I'm just not sure the returns would be great and the risk I would imagine would be big.

This risk is massive if you don't know what you are doing.

But that also applies to start up restaurants, bars etc etc (seen many people loose their homes in those businesses)

I know a lot about lending - and collections & would be extremely selective in who I partnered with.

 

[busowner987]

Where about's are you based Mark?

 

[Mark T Jones]

Where about's are you based Mark?

Hampshire - though work nationally.

 

[busowner987]

I had you down as either an Essex boy or Surrey

 

[Mark T Jones]

I had you down as either an Essex boy or Surrey

Essex - never. Just moved away from Surrey

 

[alex moody]

Why not invest it in ****** mining rigs and earn a good passive income

 

[Mark T Jones]

Why not invest it in ****** mining rigs and earn a good passive income

Briefly...

 

[alex moody]

Briefly...

Last year we averaged an ROI of 59% from 1 mining rig

 

[Mark T Jones]

Last year we averaged an ROI of 59% from 1 mining rig

Indeed . And next year you might earn more

or you might earn nothing

I’ve yet to meet anyone who could offer intelligent or informed predictions on this

 

[alex moody]

Indeed . And next year you might earn more

or you might earn nothing

I’ve yet to meet anyone who could offer intelligent or informed predictions on this

Go onto easy ****** hunter on google and give me a call - i will talk you through it

 

[Mark T Jones]

Go onto easy ****** hunter on google and give me a call - i will talk you through it

No thanks - I've outlined my risk appetite on this forum.

I would however be interested in seeing reasoned predictions on here

 

[Gordon - Commercial Finance]

No thanks - I've outlined my risk appetite on this forum.

I would however be interested in seeing reasoned predictions on here

Don't expect anything reasoned from team ******

 

[alex moody]

Don't expect anything reasoned from team ******

I assume you don't believe Blockchain and ****** is the future then?

 

[NickGrogan]

Of course not, are the actual advantages of blockchain/******?

Apart from using too much power to be scaleable?

 

[alex moody]

Of course not, are the actual advantages of blockchain/******?

Apart from using too much power to be scaleable?

1 rig uses 1KW of power and runs off 1MB of internet - But last year when the market was at a low point 1 rig made £7100 net, you deduct your electricity off that which is rounded up to £1200 for the year that still leaves you with £5900 net and a 59% ROI plus because you own the equipment you asset positive in your first year.

 

[billybob99]

I assume you don't believe Blockchain and ****** is the future then?

The future of what exactly?

The underlying concept of blockchain, i.e. a decentralized, distributed and public digital ledger that's used to record transactions in a way they can't be altered retroactively, without the alteration of all subsequent blocks - is interesting and has been put to good use with a few startups I've seen.

Apart from that ****** is all bs.

 

[NickGrogan]

You haven't actually answered either question.


What does the rig cost and how long does it last?

 

[gpietersz]

Going back to what @busowner987 asked, I think it depends on what you want:

1. If you want to set up a business, do something you have the right skills to run (if you have an existing business, maybe expand it).
2. If you want a passive investment, there are lots of options, depends on things like what trade off of risk and return you are happy with and how long term you are investing for.
3. If you want to invest but want a more active role, maybe angel investing or buying a stake in a smallish business.

The last is an attractive compromise in many ways, but its difficult. You need to assess the business yourself, decide whether you trust the people running it, and negotiate how much say you get. Lending instead gets rid of the last problem.

 

[Gordon - Commercial Finance]

I assume you don't believe Blockchain and ****** is the future then?

The future of what?

 

[Mark T Jones]

1 rig uses 1KW of power and runs off 1MB of internet - But last year when the market was at a low point 1 rig made £7100 net, you deduct your electricity off that which is rounded up to £1200 for the year that still leaves you with £5900 net and a 59% ROI plus because you own the equipment you asset positive in your first year.

any intelligent, informed predictions available?

 

[Gordon - Commercial Finance]

any intelligent, informed predictions available?

First you ask for reason and then intelligence? I fear you may be disappointed Mark

 

[Mark T Jones]

First you ask for reason and then intelligence? I fear you may be disappointed Mark

We can dream

I feel like I’ve travelled back 2 years in time