What's the fastest way to make tons of money with time travel?
Sports and gambling of course would work out but what are some other creative ways to get the cash? What adverse effects might happen as a result of your rise to wealth?
Quote: djatcIf you were sent back to the year and day you were born, what's the fastest and surest way to make tons of money?
Sports and gambling of course would work out but what are some other creative ways to get the cash? What adverse effects might happen as a result of your rise to wealth?
I would parent, then sell the rights to make those dots that are glued to the highway for 1 cent each. That guy must be a bazillionaire.
make money and enjoy the glamor.
Quote: aceofspadesWithout discussion of the "grandfather paradox" (aka the "Hitler paradox") or the Novikov self-consistency principle, just for the fun of it, you really would only have to make a small purchase of corporate stock that you know will balloon and just have instructions with your broker to reinvest all profits...although not as much fun as winning every lottery for the year or every horse racing pick6
I'm wondering what the best way is to make a lot of money, but still have a very small footprint to the world in terms of finance. Winning the lottery might make you never worry about money, but now you'd have to roll the dice on yourself being very smart with it until you get back to your present time. I like the stocks idea, perhaps I will invest a chunk in Microsoft and roll the money over throughout the years to booming companies of that time. I was born in 1985, now how would you play the market if you can see the future? Remember we can't affect the market too much or else it will become unstable and time will become unknown again.
Quote: djatcIf you were sent back to the year and day you were born, what's the fastest and surest way to make tons of money?
Sports and gambling of course would work out but what are some other creative ways to get the cash? What adverse effects might happen as a result of your rise to wealth?
If you went back with nothing but your birthday suit and knowledge of the future, it might actually be harder than you think.
Counter-factual-definiteness would apply, and you would instantly start changing the future whether you want to or not.
A big bet on something you were sure would happen might not even happen just because of the bet alone.
Of late, I think of Cliffordville
Quote: AhighIf you went back with nothing but your birthday suit and knowledge of the future, it might actually be harder than you think.
Counter-factual-definiteness would apply, and you would instantly start changing the future whether you want to or not.
A big bet on something you were sure would happen might not even happen just because of the bet alone.
I thought about how you would be sent back, whether reborn again with the knowledge you gained through the years or to be two places with yourself and a newborn of yourself. I was thinking the latter since I had back to the future on my mind.
Also the butterfly effect would be something to seriously consider. Your presence at a sports book alone could influence some random gambler to make a larger then usual bet, skewing the odds heavily to the other side. Now the odds are so off from original predictions that the players on the team see that and get discouraged about playing their best. Maybe one player gets over his head gambling and his play reflects that.
I'm thinking that letting compounding interest do its work if you're old enough. A few decades of compounding $10k would be astronomical. Although this would be a boring way of making money.
I enjoy time travel what ifs.
Quote: onenickelmiracleThe best bet would probably be owning laundry mats and just squirreling the silver from change away. I wouldn't want to go back though knowing what I know now. You won't be thinking about money when you die, but what you think at the time what was worth regretting- the hook if you bite.
But not having to worry about money allows you the freedom to enjoy the other things you cannot due to the daily struggle to pay bills and earn money for such
Definitely a tool but still the money is being made based on the hope the future doesn't change. Then you have money and can't change anything. You either look back and see failure or you can see you were wrong about what failure was. Gandhi I'm not, so odds are I'm wrong no matter what I say.Quote: aceofspadesBut not having to worry about money allows you the freedom to enjoy the other things you cannot due to the daily struggle to pay bills and earn money for such
Short Goldman-Sachs.
Apple stock at the bottom.
DCLK @ <$3 to be sold later for >$300...
Sports betting would be fun, too.
Quote: onenickelmiracleDefinitely a tool but still the money is being made based on the hope the future doesn't change. Then you have money and can't change anything. You either look back and see failure or you can see you were wrong about what failure was. Gandhi I'm not, so odds are I'm wrong no matter what I say.
This is why I am trying to determine the lowest footprint left behind that will accumulate a decent amount of wealth. If you left a financial plan to an adviser, would he follow your moves after the first few were right, and sell this information as the "holy grail" of trading? This would change the stock market big time and then your predictions after that could be anyone's guess if they are still true or not.
I suppose you could let it all ride on one big Superbowl bet. Of course this might change the line at your local area, and could change the future someway as well. Placing a small amount every year would be good, but of course when your proxy starts to see a winning pattern he might go nuts too.
The problem is time travel is just a concept and isn't clearly defined constantly changing to explain itself. Because time is relative, you travel here in from a distant planet at the speed of light in 10 years, thousands will go by on Earth before you get here because time is relative. It kind of makes the idea of space travel to be useless being it's space time travel with all these repercussions.Quote: djatcThis is why I am trying to determine the lowest footprint left behind that will accumulate a decent amount of wealth. If you left a financial plan to an adviser, would he follow your moves after the first few were right, and sell this information as the "holy grail" of trading? This would change the stock market big time and then your predictions after that could be anyone's guess if they are still true or not.
I suppose you could let it all ride on one big Superbowl bet. Of course this might change the line at your local area, and could change the future someway as well. Placing a small amount every year would be good, but of course when your proxy starts to see a winning pattern he might go nuts too.
Low footprint wouldn't work, because historically the best way to earn wealth is stealing it and someone would set their sights on you eventually.
You just need to use the visionary within you to envision to future and strategize to capitalize on the changes. I think the future is in all our landfill harvesting but the powers that be will siphon the wealth to themselves so average people can't benefit.
There is a good show on SyFy called Continuum about time travel you should watch. It's very entertaining.
Quote: djatcIf you were sent back to the year and day you were born, what's the fastest and surest way to make tons of money?
Sports and gambling of course would work out but what are some other creative ways to get the cash? What adverse effects might happen as a result of your rise to wealth?
I am pretty sure that If I would do this then I would have been dead many years ago.
The movie Wolf on Wall Street. Yep that would be me.
Quote: djatcIf you were sent back to the year and day you were born, what's the fastest and surest way to make tons of money?
Patent the time machine and license it to a big company.
A journalist in his fourties thinks he died in 1988 only to wake up in his college dorm room in 1963.
He makes a huge bet on the Kentucky Derby long shot he knows will win. With his journalistic memory of history he does quite well. Interesting twists include his trip to Dallas to prevent the Kennedy assassination.
It gets really interesting when he meets another replayer.
Great book.
Gold wouldn't be bad. Coming up in the 80s and 90s, I remember when it weren't only but $200 - $300 p/oz. It's not Scrooge McDuck money, but it would be a nice chunk of change.
I'd probably do classic cars. Again, it wouldn't make me Bill Gates rich, but it's what I know. Coming up, they were cheap enough to be used like today's Cavaliers. My Pops had a Cuda as a daily driver and a 442 as a winter car. You could buy them off the side of the road for a few week's paychecks. My uncle had a mint condition, numbers matching '71 Challenger R/T convertible with a 440 6-pack. When he died in about '91, my aunt sold it for $8k, all she could get for it. You couldn't touch that car for $60k today.
Of course, if birthday means nothing, I'd just go back to '70 and grab all the hemi 'Cuda's that Detroit could churn out. List price ~$4,000 off the showroom floor, which would be $24,000 in 2014. Today? $1,000,000+ if you can find one.
Quote: DJTeddyBear"Replay" by Ken Grimwood
A journalist in his fourties thinks he died in 1988 only to wake up in his college dorm room in 1963.
He makes a huge bet on the Kentucky Derby long shot he knows will win. With his journalistic memory of history he does quite well. Interesting twists include his trip to Dallas to prevent the Kennedy assassination.
It gets really interesting when he meets another replayer.
Great book.
+1
You may also write very badly written short stories based on future hit movies, send them to pulp magazines to get rejected, then sue when the movies come out >:) This way you can get revenge on movies which dared to waste your time.
Stocks could work, if you diversify so you can do well with relatively small amounts of each stock. If you were to buy a ton of MSFT or APPL when it's way down, that alone could distort the whole market and render it unpredictable. The same goes for currencies.
Quote: FaceMicrosoft is probably the obvious answer.
Gold wouldn't be bad. Coming up in the 80s and 90s, I remember when it weren't only but $200 - $300 p/oz. It's not Scrooge McDuck money, but it would be a nice chunk of change.
I'd probably do classic cars. Again, it wouldn't make me Bill Gates rich, but it's what I know. Coming up, they were cheap enough to be used like today's Cavaliers. My Pops had a Cuda as a daily driver and a 442 as a winter car. You could buy them off the side of the road for a few week's paychecks. My uncle had a mint condition, numbers matching '71 Challenger R/T convertible with a 440 6-pack. When he died in about '91, my aunt sold it for $8k, all she could get for it. You couldn't touch that car for $60k today.
Of course, if birthday means nothing, I'd just go back to '70 and grab all the hemi 'Cuda's that Detroit could churn out. List price ~$4,000 off the showroom floor, which would be $24,000 in 2014. Today? $1,000,000+ if you can find one.
but if you have 50 of them what would todays value be. They are worth so much because they are rare.
Otherwise, a simple switch to Microsoft in 1986 and then to Apple in the early 2000s would make you a fortune.
Any power like that makes you virtually invincible.
Quote: MoscaIf you could travel through time, why would you need money?
Didn't Doc Brown say "I didn't build the the time machine to make money. I built the time machine to travel trhough time"?
Quote:Any power like that makes you virtually invincible.
Well, he did survive being shot to death. So it looks like you have something there.
If you didn't have very much money to invest in stocks and you didn't have time to wait for investments. If you were to invest a great deal of money into a particular stock. I don't know how this would change things as far as the value.
So Lets say you had no skill, were not of legal age to gamble or buy stocks(not sure if there is a legal age) and you had very little money.
I would dub my self as an american picker. Then go to that thrift store where they found that possible Jackson Pollock for 5 bucks, worth a potential 100 million.
Go to that garage sale and pick up that painting for $4 with the declaration of independence inside of it and sell it for 2.4 million.
Go find and get that Vase that sold for 69 million. I cant imagine this would change things a lot.
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Britney Spears Manager, possibly you get some on the side.
Quote: AxelWolfSince AX wanted to do the highway dot thing. Perhaps find a way to own the rights to digital pixels or what ever they are called.
If you didn't have very much money to invest in stocks and you didn't have time to wait for investments. If you were to invest a great deal of money into a particular stock. I don't know how this would change things as far as the value.
So Lets say you had no skill, were not of legal age to gamble or buy stocks(not sure if there is a legal age) and you had very little money.
I would dub my self as an american picker. Then go to that thrift store where they found that possible Jackson Pollock for 5 bucks, worth a potential 100 million.
Go to that garage sale and pick up that painting for $4 with the declaration of independence inside of it and sell it for 2.4 million.
Go find and get that Vase that sold for 69 million. I cant imagine this would change things a lot.
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Britney Spears Manager, possibly you get some on the side.
This is a pretty good idea. If you knew where the items would be at the year you went back to you could make a fortune quickly.
http://www.businessinsider.com/what-companies-stocks-are-worth-today-2013-6?op=1 shows a list of companies and what they would be worth if you held their stock during the 80's. Interesting indeed as I look back when I was so young I didn't understand the concept of chicken McNuggets.
Quote: MoscaIf you could travel through time, why would you need money?
Any power like that makes you virtually invincible.
The time travel just kinda happens without any knowledge of how it's done. You just get blasted back to your birth year in a random city.
Quote: AxelWolfSince AX wanted to do the highway dot thing. Perhaps find a way to own the rights to digital pixels or what ever they are called.
If you didn't have very much money to invest in stocks and you didn't have time to wait for investments. If you were to invest a great deal of money into a particular stock. I don't know how this would change things as far as the value.
So Lets say you had no skill, were not of legal age to gamble or buy stocks(not sure if there is a legal age) and you had very little money.
I would dub my self as an american picker. Then go to that thrift store where they found that possible Jackson Pollock for 5 bucks, worth a potential 100 million.
Go to that garage sale and pick up that painting for $4 with the declaration of independence inside of it and sell it for 2.4 million.
Go find and get that Vase that sold for 69 million. I cant imagine this would change things a lot.
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Britney Spears Manager, possibly you get some on the side.
Then you become very sad to find out that it was staged and you wasted your 1 trip for nothing. That is my luck.
Quote: GWAEbut if you have 50 of them what would todays value be. They are worth so much because they are rare.
Well, there were 15 convertibles made. So maybe they'd only be worth $250,000 if I had 50. And I'd have 50 (maybe 48 after I wreck a couple, 47 after I lift and put mud tires on one, 46 after I gut and cage one for the track).
Enough for me to live on for life, for sure.
Step 2: Seduce
Step 3: Profit!
Quote: bbbbccccStep 1: Find someone who later becomes a billionaire
Step 2: Seduce
Step 3: Profit!
Step 2.1 get an ironclad prenup in your favor or make sure there isn't one.
Step 2.2 have a sharp divorce lawyer handy.
Write a novel that appeals to twelve year olds.
Quote: FleaStiffThe best way to make money with time travel.
Write a novel that appeals to twelve year olds.
Why do you need time travel for that?
Quote: DJTeddyBearWhy do you need time travel for that?
If you want to write a novel about a child wizard specifically, you have to beat someone to it.
Like in continuum, have fun avoiding the time travelling hit men.Quote: RaleighCrapsIf I am not going to change the future, then I would like to create an airtight patent on one of the products that was world changing. Perhaps the automobile, or the PC, or even the mobile phone. Since I am just holding the patent, that should not alter the course of history, yet when I step forward, it will make me a very rich man. I guess a large number of stockholders would see decreased wealth, but I am good with that.
Of course, because I am just good natured. That's the only reason. I have a bridge to sell, also.
Edit:
I found a link to the story Coca Cola Story
A single share would be worth $10,000,000 holding and reinvesting dividends.
Quote: DRichI would go back to 1626 and offer the indians 75 guilders for Manhattan (it sold for 60).
I know an opportunity when I see one. 90 guilders!
Paco commented how the money from this deal at 8% per year would be twice the GDP of North America. I'll never forget that one in essence. It speaks volumes about the expectations people have.Quote: DRichI would go back to 1626 and offer the indians 75 guilders for Manhattan (it sold for 60).
