David Concannon said
Letting everyone invest what they can afford (subject to a minimum threshold) and then allocating the dividends pro rata seems like the best idea, imho.
I'd also suggest a fixed term (no arbitrary withdrawls) to simplify interest calculations.
I'm in agreement.
That makes sense to me as well. Ditto for the (snipped) charges stuff: if it's a fixed charge, then it should be a fixed cost; if it's a variable charge, then it should be pro-rated.
Also, I was under the grave misunderstanding that the 2% interest was credited monthly.
Anyway, there has to be a decent return out there somewhere.
I'd say that we may need to talk to a financial advisor: does anyone know one, or play one on tv? It does seem (at the moment) that the best returns are in commercial property funds... Mike. -- -nothing-