I think the easiest way overall would be for people to invest the same amount each and all commit to the same term. (highly unlikely I know).
I think this might be too restrictive. It would make it a lot harder to reach the figure of 150k or whatever is required. Letting everyone invest what
can afford (subject to a minimum threshold) and then allocating the
Apparently if you call EBS or even some of the other bank and ask them what product funds they have they can give you details. There are loads of different accounts, each with varying degrees of risk therefore varying degrees of potential earnings. My personal preference would be for something that returned a bit more than 2%. Most people will get fairly close to that by just putting in your standard savings account. Other possible ideas is a property investment group which should return considerable more, but again it all depends on how much can be raised and also possible this is a bit messier. Jeebers Ltd. eBusiness Solutions Derek Organ Invent Centre, Dublin City University, Dublin 9, Ireland e: derek.organ@jeebers.com w: http://www.jeebers.com t: +353 (0)1 700 7593 m: +353 (0)87 251 0060 -----Original Message----- From: investment-group-bounces@lists.redbrick.dcu.ie [mailto:investment-group-bounces@lists.redbrick.dcu.ie] On Behalf Of David Concannon Sent: Wednesday, December 08, 2004 4:07 PM To: Paul Gargan Cc: investment-group@lists.redbrick.dcu.ie Subject: Re: [Investment-group] Purpose they 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.
If our overheads are static (fixed rate for the solicitor or whatever,
fixed
banking charges) then I propose we split such charges per head, not per amount invested.
If we incur a charge based on the amount invested, then it makes sense to split such charges according to the amount each investor has contributed.
Again, that was my thought on it. 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. Dave -- In night-fighting, then, make much use of signal-fires and drums, and in fighting by day, of flags and banners, as a means of influencing the ears and eyes of your army. _______________________________________________ Investment-group mailing list Investment-group@lists.redbrick.dcu.ie http://lists.redbrick.dcu.ie/mailman/listinfo/investment-group