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(Motley Fool)   Tips on how to make money off other people's misery. Best alternative since local mob does not sell shares yet   (biz.yahoo.com) divider line 31
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10622 clicks; posted to Main » on 11 Aug 2005 at 11:30 PM   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



31 Comments   (+0 »)
   
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2005-08-11 07:57:07 PM
Bush, Cheney and their oil buddies seem to have that market cornered.
 
2005-08-11 11:35:12 PM
Start a religion?
 
2005-08-11 11:35:13 PM
already lit up?
 
2005-08-11 11:38:16 PM
Be an insurance agent?
 
2005-08-11 11:39:17 PM
sell crack to babies

/it works
 
2005-08-11 11:41:16 PM
sell babies to crack addicts?
 
2005-08-11 11:41:47 PM
sell burnt out lightbulbs to blind people.
 
2005-08-11 11:43:17 PM
Payday loans are the way to go baby!



/at 300% interest
//fast growing industry in Delaware
 
2005-08-11 11:45:52 PM
I don't get people who complain about debt collectors.
How about you pay your bills?
 
2005-08-11 11:45:53 PM
Sell birth control to homosexuals?



/window seat please...
 
2005-08-11 11:46:23 PM


Funeral home ghouls = biggest racket evar.

/Donating my body to a med school
//Wait 'til they see my liver!
 
2005-08-11 11:46:49 PM
I've decided I'm going to sell bumperstickers to profit off of other peoples' misery:

"Sorry about your penis."
"Sorry I knocked up your daughter."
"Sorry your gf is a skank. Did her Tuesday."
"You should remove the enema from the box before use."

"It could be worse. You could have Tara Reed's stomach."
"I gave Viagra to your Mom via my penis."

/yeah, yeah... probably wouldn't make a nickel.
 
2005-08-12 12:00:31 AM
I made money by investing in one of these collection companies but once you start investigating a little you will find that they are plenty of bad characters in this business.
 
2005-08-12 12:02:04 AM
become a preacher/tv evangelist
 
2005-08-12 12:02:59 AM
sell babies to crack addicts?

They have enough babies of their own.
 
2005-08-12 12:09:28 AM
PlaidKing: I don't get people who complain about debt collectors.
How about you pay your bills?


Exactly. If you steal from someone by not paying them what you said you would, then fark you.

But, I think a lot of the complaints are about debt that's not the consumer's fault, like billing mistakes or debt you didn't intend too incure (the company you just gave your CC number too thinks it can continue billing you without sufficient notification). I've got recorded message calling me once a week saying I need to call back to an 800 number for some "personal matter", which happens to be the number for a collection agency. I'm 19, have one CC, no monthly bills that aren't paid (only college related bills), and anything else I used my CC for were one time fees (unless I got hit by the fine print scam) for physical goods. My credit report it clean. I haven't gotten anything in the mail, and the agency doesn't even have the curtesy to tell me who they are (I had to google the 800 number). For all I know it's a scam.
 
2005-08-12 12:11:54 AM
 
2005-08-12 12:12:32 AM
I don't get people who complain about debt collectors.
How about you pay your bills?


Yeah Donald Trump! Pay your bills!
don't you go filing for bankruptcy AGAIN!

Hey United Airlines! Pay your bills!
or pay Millions to your Upper Management!
The choice is yours!
 
2005-08-12 12:15:41 AM
 
2005-08-12 12:35:18 AM
Start a blog where you can whine about any little personal peeve till your hearts content.

*ducks and covers*

But, on your deathbed, (and for a mere for $5.00 smackeroonies/month) you will receive ULTRA FARK total conciousness.

/banninated in 3...2...1...
 
2005-08-12 12:43:55 AM
...i dunno... the anti-war crowd's gettin' mad press out of that Sheehan lady...
 
2005-08-12 01:29:08 AM
An example of how NOT to make money off of other people's misery.

Buy an apartment complex. Begin major repairs in the rainy season, when repairs can't be made. Steal everyone's screen doors so and remove the doorbells so painting can occur, then fire the painters and leave job incomplete. Begin firing employees or just not paying them at all. Force tenants out two or three units per month. End up with half-painted, messed-up old motel from the 1960s with 75% vacancy and the last tenants pissed off beyond belief.

This brilliant man's initials are B.S. Couldn't be more appropriate.

*** anyone in Sacto need a roomy? ***
 
2005-08-12 01:43:22 AM
I know, I know, one needs to take responsibility for accrued debt but these collector people are evil bastards.

/yes, speaking from experience


//cleaned up my sh**
 
2005-08-12 04:25:06 AM
buy diamonds.
 
2005-08-12 08:25:09 AM
Real Estate. The basis of all real estate is to capitalize on a fellow human being's misforutnes. Forclosures are a gold mine. Offer these poor sods pennies on the dollar for what they paid for it. They need cash and will take almost anything.
 
2005-08-12 09:54:09 AM
Am I missing something? I get an article about how to deal with collection agencies.

As for making money: szyska is right, real estate. You can make money on foreclosures but even better is to find property that cities or counties have seized for back taxes. They auction them off, with the starting bids being the amount owed + court costs. There are so many of these that not many people show up to them. You can often get the property for 10% of what its actually worth. The catch is you have to have the cash amount when you win the bid.
 
2005-08-12 11:01:25 AM
Evil? You borrow, you pay back. It's simple math. Don't cry.
 
2005-08-12 01:07:04 PM
cfreak-

This story always pisses me off and illsturates the point that luck also figures into it too.

In college I had a friend who got $25,000 from Grandma when she kicked off. He bought this duplex he saw in the paper for the whole $25,000. He did it as a joke thinking no one would take the low-ball price. That piece of property was sitting on the market for 6 months and the bank wanted to get rid of it A.S.A.P. He lived there for 18 months and fliped it for about $125,000. He moved to a bigger house and has fliped that one too. Can't remember how much though.
 
2005-08-12 02:59:55 PM
Michael Moore seems to have that market cornered.
 
2005-08-12 04:06:03 PM
toby keith?
 
2005-08-12 08:26:17 PM
/got nothing

/a vote for me is a vote for cfreak and szyska
 
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