How many AZr's have $1,000 to invest ? Just out of curiosity.

Do You Have $1,000 You Could and Would Invest ?

  • YES

    Votes: 121 70.3%

  • NO

    Votes: 51 29.7%
  • Total voters
    172
1k investment

The poll was a lil vague. I voted yes I have 1k to invest. But without more exact details my 1k would stay in my account.
 
tucson9ball said:
The poll was a lil vague. I voted yes I have 1k to invest. But without more exact details my 1k would stay in my account.
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I think it's pretty clear that Mike isn't asking anyone to give him $1,000 without full disclosure of what the plan is and the details... he specifically said "Just out of curiosity". The poll isn't vague... the questions are simple. If you have $1,000 and would ever be willing to invest in something pool related, check yes. If you have $1,000 and wouldn't dream of investing in something pool related, check no. If you don't have $1,000, check no. :grin-square:
 
Quote:
Originally Posted by tucson9ball
The poll was a lil vague. I voted yes I have 1k to invest. But without more exact details my 1k would stay in my account.

I think it's pretty clear that Mike isn't asking anyone to give him $1,000 without full disclosure of what the plan is and the details... he specifically said "Just out of curiosity". The poll isn't vague... the questions are simple. If you have $1,000 and would ever be willing to invest in something pool related, check yes. If you have $1,000 and wouldn't dream of investing in something pool related, check no. If you don't have $1,000, check no.
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Ok, i voted yes. no need to slap me on the wrist-lol.
But I also agree with another post about Pavlovian reflex. Cause I too here pool and invest in same sentance and cringe most times.
 
lodini said:
If you have $1,000 and would ever be willing to invest in something pool related, check yes. If you have $1,000 and wouldn't dream of investing in something pool related, check no. If you don't have $1,000, check no. :grin-square:
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Thank God londini cleared that up. I was confused.:rolleyes:
 
cigardave said:
Thank God londini cleared that up. I was confused.:rolleyes:
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I'm sorry to have offended you... but it did seem there was some confusion considering all the posts exclaiming they needed more information about the "plan" in order to answer the question.
 
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The $1k is the easy part, the hard part is convincing us that its a good investment. But then, anything I guess is better than my last four figure investment in pool...SVB v Alex. So many people had a good return on their investment against me on that one that it was like pool amway.
 
I voted no!

I have the $1000 but investing this sum would be stupid....
If it's a bad investment then I will loose $1000
but if it's a good investment then it would be stupid to put only $1000...

the thing is with this poll is that it doesn't give any real information to establish a serious response. Money could be made in billiards related businesses but don't expect to see any serious response without providing a serious business plan.
 
more than half the people have the $$$, which is great all things considered(economy etc.).

Seems to me if thats the case a good idea could make the invesrors part with their $$$ if they were confident of a reasonable rate of return was factual not hypethetical with no risk of the $1000 they invested. Thats even better news for pool. The trick is to come up with a plan on a national level to reach out to the people with $$$ in all states. I wouldnt invest in a regonal thing that isnt in my area(thats just me), I like to see what i buy, I own buildings all over Vegas I never go into them but I do drive by them from time to time or have someone do it for me.

Back to the pool investment plan, with the majority of people having $$$ there is hope, on the regonal level or national. Mike is a stand up guy too, I dont know what he has in mind, I hope it works. God forbid it dosent its still nice to see there is still money out there.

eric
 
ShootingArts said:
Simple fact is that the odds are that I wouldn't invest a thousand or more in someone else's venture. Being pool related makes the odds worse than normal. I don't have a thousand I want to put down a bottomless pit and so far that is all I have seen most pool ventures offer investors. If it were a venture to build pool tables and recreational game equipment, I'd say maybe; a venture into the sport of pool, unlikely. The hard truth is that I am not going to make a thousand dollar investment into the sport of pool and give someone else control of that thousand.

I would bet a thousand that half of the people that vote yes in this poll won't produce a thousand when the time comes to put up the dollars though.

Hu
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LMAO!!!!!!
 
Yes. Just out of curiosity Mike, were you looking to matchup?? Are you looking to go on the road with someone? Did you need to get staked for a big tournament?...Just kidding, of course.

I've always got my eyes peeled for a worthy investment. Unfortunately, I haven't run into any C players who are willing to play even, and have a lot of cash.
 
The reason some people aren't voting is because of a lack of information. I can't really answer this poll because my answer would depend on the specific circumstances. What is the risk to reward ratio?

If the outcome is 100% profit with 0 risk then my answer would be yes. Only a fool would pass that up, I don't care what business its in. However, I can't say that I'd be willing to risk $1000 in a pool related venture unless I knew the details. At this point, its more than likely a no.
 
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skor said:
I voted no!

I have the $1000 but investing this sum would be stupid....
If it's a bad investment then I will loose $1000
but if it's a good investment then it would be stupid to put only $1000...

the thing is with this poll is that it doesn't give any real information to establish a serious response. Money could be made in billiards related businesses but don't expect to see any serious response without providing a serious business plan.
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Maybe Janis just wants to get an idea about disposable income here, at least for this poll. That info could be valuable to someone.

If I do have $1000 or don't have $1000 is nobody's business. If I have $1000 and were interested in investing it, it sure won't be in anything pool related. Are you ready to lose $1000?

This whole thing is somewhat similar to going into a camera store and while the salesman is sizing you up, asks you how much you want to spend, not if you have a price range, or are looking for something in particular, but how much do you want to spend... It's none of his business. When the time comes to decide on a purchase, at that point the cost will come up, and at that time the only question should be, "How would you like to pay for that? Cash or credit?"

By the way, folks, $1000 ain't chump change...

Flex

P.S. As Thomas Tusser (English Farmer and Writer. 1524-1580) wrote, "A fool and his money are soon parted."
 
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Wow, 70% of the responders to have an extra $1k laying around to invest. I guess the economy isn't as bad as everything says it is. Hmmm.


On the same $1,000, how many people think that a return of $4,000 (total) after 5 years is a good or bad investment.
 
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MikeJanis said:
Wow, 70% of the responders to have an extra $1k laying around to invest. I guess the economy isn't as bad as everything says it is. Hmmm.


On the same $1,000, how many people think that a return of $4,000 (total) after 5 years is a good or bad investment.
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Put up $1000 now to get my original $1k back plus make $600 per year but not get paid anything until 5 years?


Sounds like one of those tv deals where the guy starts up a business with none of his own money, Goes broke and says so sorry or makes a bundle and pays back very little. heh

Not saying that's the case but it's what I think of. No offense intended. and a great idea for the guy behind it all.
 
MikeJanis said:
Wow, 70% of the responders to have an extra $1k laying around to invest. I guess the economy isn't as bad as everything says it is. Hmmm.


On the same $1,000, how many people think that a return of $4,000 (total) after 5 years is a good or bad investment.
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That's a great return. It's now a matter of sizing up the risk. That kind of return usually means a good amount of risk. But, I'm all ears.
 
MikeJanis said:
On the same $1,000, how many people think that a return of $4,000 (total) after 5 years is a good or bad investment.
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I'll answer this as I'm reaching for the jar of vaseline. A return of $4000 in five years on an initial investment of $1000 ain't too bad. Problem is, there ain't no guarantees when it comes to investing!!! I'd have to hear more, a LOT more before I'd drop $1000 of my hard-earned money into a pool-related venture.

Maniac
 
that's a great ruturn on investment capital!

but it also sounds to me, "too good to be true": it's that good.

so, what's the deal??
smokey
 
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