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re: Assume you have 25,000 to invest for 6 months.

Posted on 1/8/15 at 3:29 pm to
Posted by OnTheBrink
TN
Member since Mar 2012
5418 posts
Posted on 1/8/15 at 3:29 pm to
quote:

Vandyrone


I see you are in Nashville, but if you got your hands on some Taylor Swift tickets late last year for her two shows in September, I would assume that would make you a ton of money.

My wife and daughter, sister-in-law and niece would love to go but I would have to get a second mortgage on the house to pay for them. And I was online when they went on sell and never had a chance.
Posted by Vandyrone
Nashville, TN
Member since Dec 2012
6977 posts
Posted on 1/8/15 at 3:45 pm to
Actually over the years I've turned my focus away from all the presales and onsales and focus completely on events that are already "sold out" and have already proven to be profitable. This has drastically reduced the amount of speculation as well as the turnover time for each purchase.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80829 posts
Posted on 1/8/15 at 6:26 pm to
quote:

You are an absolute idiot if you think you can generate 8% in 6 months with little to no risk.
this cannot be said enough
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80829 posts
Posted on 1/8/15 at 6:28 pm to
How/where do you get the tickets if they are already sold out
Posted by LSURussian
Member since Feb 2005
127033 posts
Posted on 1/8/15 at 6:40 pm to
quote:

Could you earn greater than 8% ($2,000) of that total in a 6 month period?
NBR Exile would have about $3,000,000 for you at the end of 6 months......
Posted by castorinho
13623 posts
Member since Nov 2010
82086 posts
Posted on 1/8/15 at 9:01 pm to
(no message)
This post was edited on 1/8/15 at 9:03 pm
Posted by castorinho
13623 posts
Member since Nov 2010
82086 posts
Posted on 1/8/15 at 9:03 pm to
quote:




lost it

quote:

Assume you have 25,000 to invest for 6 months.


Why are you trying to spend our fantasy buy-in money?
This post was edited on 1/8/15 at 9:09 pm
Posted by tysonslefthook
Near Baton Rouge
Member since Apr 2014
1218 posts
Posted on 1/8/15 at 9:26 pm to
I did it. Invested $22,000 last January and over the coarse of 4 months earned 16%. Was up 27% in April but a terrible terrible terrible attempt to makes quick buck on some McDermott stock hit me hard. Needless to say, it was far from risk free, and primarily was a product of good timing, good luck, and sticking to my rules on when to take a profit or cut a loss. I was also on a job where I could stare at a computer all day which helps. Then I pulled the money out to add to my down payment on the house I'm building.
Posted by thejudge
Westlake, LA
Member since Sep 2009
14099 posts
Posted on 1/9/15 at 9:34 pm to
quote:

Could you earn greater than 8% ($2,000) of that total in a 6 month period?


Could you do so with nearly zero risk of loss?


Do you even LNGLF bro?
Posted by Summer of George
Baton Rouge
Member since Apr 2010
5995 posts
Posted on 1/9/15 at 9:44 pm to
Put it all in BP.
Posted by RadTiger
Member since Oct 2013
1121 posts
Posted on 1/10/15 at 3:46 pm to
Reselling tickets sounds like a job and not investing.
Posted by Mr White
New Mexico
Member since Sep 2013
187 posts
Posted on 1/12/15 at 1:33 am to
Scalpers are dirtbags.
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