Comments on: How Not To Invest http://www.pfadvice.com/2006/09/23/how-not-to-invest/ Bridging the gap between saving money and investing Wed, 19 Nov 2008 16:43:19 +0000 http://wordpress.org/?v=2.6.1 By: LOOPY http://www.pfadvice.com/2006/09/23/how-not-to-invest/#comment-7076 LOOPY Wed, 04 Oct 2006 07:53:50 +0000 http://www.pfadvice.com/2006/09/23/how-not-to-invest/#comment-7076 That guy was so clueless that I doubt he will ever be a success. This sort of a thing requires planning... and he did not plan. That guy was so clueless that I doubt he will ever be a success. This sort of a thing requires planning… and he did not plan.

]]> By: Roger http://www.pfadvice.com/2006/09/23/how-not-to-invest/#comment-6837 Roger Mon, 02 Oct 2006 12:35:14 +0000 http://www.pfadvice.com/2006/09/23/how-not-to-invest/#comment-6837 It's all part of the learning experience. I think he made a bad choice of venues, but the idea of throwing a party for college kids is one that can make a lot of money. He needs better planning and a better understanding of what the college kids want. It’s all part of the learning experience. I think he made a bad choice of venues, but the idea of throwing a party for college kids is one that can make a lot of money. He needs better planning and a better understanding of what the college kids want.

]]> By: david peters http://www.pfadvice.com/2006/09/23/how-not-to-invest/#comment-6784 david peters Mon, 02 Oct 2006 05:34:21 +0000 http://www.pfadvice.com/2006/09/23/how-not-to-invest/#comment-6784 I couldn't tell if it was a joke or not. The idea was so bad that I thought he was joking at first, but then he was paying money for security and all. I hope he learned some lessons from it. I couldn’t tell if it was a joke or not. The idea was so bad that I thought he was joking at first, but then he was paying money for security and all. I hope he learned some lessons from it.

]]> By: davis http://www.pfadvice.com/2006/09/23/how-not-to-invest/#comment-5771 davis Mon, 25 Sep 2006 09:26:09 +0000 http://www.pfadvice.com/2006/09/23/how-not-to-invest/#comment-5771 It's true that few people succeed their first time out, but that doesn't mean he'll be a success. If he <b>learns</b> from his mistakes, then he may, but if he continues to set up money earning projects like this, he will not. The problem I see is that he didn't even do fundamental things to make it a success. I hope this is not true, but it seems to me that he is more likely to be one of those people that runs around trying one MLM program after another rather than becoming a success. It’s true that few people succeed their first time out, but that doesn’t mean he’ll be a success. If he learns from his mistakes, then he may, but if he continues to set up money earning projects like this, he will not. The problem I see is that he didn’t even do fundamental things to make it a success. I hope this is not true, but it seems to me that he is more likely to be one of those people that runs around trying one MLM program after another rather than becoming a success.

]]> By: Steve Torso http://www.pfadvice.com/2006/09/23/how-not-to-invest/#comment-5768 Steve Torso Sun, 24 Sep 2006 23:40:25 +0000 http://www.pfadvice.com/2006/09/23/how-not-to-invest/#comment-5768 You have to admire him for trying. very few people succeed first time out. Whatever money he invested, I am sure he will get that back and a lot more in his next ventures. As to what would be done differently, I would like to the success of the Spring break party scene for an answer. Steve You have to admire him for trying. very few people succeed first time out. Whatever money he invested, I am sure he will get that back and a lot more in his next ventures.

As to what would be done differently, I would like to the success of the Spring break party scene for an answer.

Steve

]]> By: Mike http://www.pfadvice.com/2006/09/23/how-not-to-invest/#comment-5755 Mike Sat, 23 Sep 2006 23:17:01 +0000 http://www.pfadvice.com/2006/09/23/how-not-to-invest/#comment-5755 Gotta say that IMHO, that idea was very flawed to begin with. When I was in college, we weren't interested in dressing up in costumes to go roller skating (of all things!) We wanted to chug beer, hang-out, and maybe if things went well, meet some women. I cannot say that I was surprised that he utterly failed in this endeavor after hearing the initial description. Mike Gotta say that IMHO, that idea was very flawed to begin with. When I was in college, we weren’t interested in dressing up in costumes to go roller skating (of all things!) We wanted to chug beer, hang-out, and maybe if things went well, meet some women. I cannot say that I was surprised that he utterly failed in this endeavor after hearing the initial description.

Mike

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