Who's Down With Starting An SBR Investment Club?

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  • PhillyFlyers
    SBR Hall of Famer
    • 09-27-11
    • 8245

    #1
    Who's Down With Starting An SBR Investment Club?
    Sounds fukkin crazy, right? Just hear me out.

    *Interested members get together and decide a set amount of money to be put up for the initial startup. It doesn;t have to be big money either. We can start really small and work our way up. Say something like 20-25 members put up an initial starting fee of $1000-$2000.

    *We elect officers to oversee the operation. This would include electing a president/presiding partner to hold meetings, preside over them, and plan activities.

    *A vice president/assistant presiding partner who fills in when needed.

    *A treasurer who deals with the brokerage, buys and sells stock, and keeps records of the club's holdings as well as each member's share. This needs to be a very detailed-oriented person.

    *A recording secretary, who keeps minutes of each meeting, reminds members of meetings when necessary, and possibly mails out minutes to members who miss a meeting along with a detailed script of the last meeting for the members who miss a meeting.

    *If physically meeting at a location to discuss matters is an impossibility, then a phone number will be provided for those who can listen in on the meeting and ask questions over the phone.

    *We can make a set minimum monthly contribution fee. Again, it doesn't have to be big, say $25-$50 a month to start. Members can contribute more if they want a bigger share in profits.

    What say you SBR? Anyone interested?
  • mnwild11
    SBR Wise Guy
    • 10-07-12
    • 701

    #2
    is this a ponzi scheme for your euro trip?
    Comment
    • sourtwist
      SBR Hall of Famer
      • 11-10-12
      • 9364

      #3
      I could definitely use some direction on future investments
      Comment
      • Jimmy Proffett
        SBR MVP
        • 10-20-09
        • 2729

        #4
        I like you better when you're posting alien crop circle videos Philly
        Comment
        • flyingillini
          SBR Aristocracy
          • 12-06-06
          • 41219

          #5
          Ijustwannabepaid had the same idea, good luck!!
          המוסד‎
          המוסד למודיעין ולתפקידים מיוחדים‎
          Comment
          • hockey216
            SBR MVP
            • 08-20-08
            • 4583

            #6
            it makes no sense to pool your money. it would just create chaos if things are jointly owned and its not a trust/corporation that's doing the investing. one of the investors could easily steal others' principle. you would need some type of trust or corporation formed to do something like that i think.

            just put your $ in mutual funds or an annuity. i can help you. i help people do this for a living.
            Comment
            • Ralphie Halves
              SBR MVP
              • 12-13-09
              • 4507

              #7
              No matter how well you do picking the right investments, poor money management will sink you.

              SBR Forum = Poor money management pool party
              Comment
              • BennyBigNuts
                SBR Hall of Famer
                • 04-16-12
                • 8700

                #8
                This most hilarious thing about this post is not that you are naive enough to think more than yourself would be interested, but that "20-25 Members" on this forum have 1k.
                Hahahahahaha
                get real
                Comment
                • SharpBoxing
                  SBR MVP
                  • 10-28-11
                  • 1515

                  #9
                  Originally posted by BennyBigNuts
                  This most hilarious thing about this post is not that you are naive enough to think more than yourself would be interested, but that "20-25 Members" on this forum have 1k.
                  Hahahahahaha
                  get real
                  Comment
                  • The Kraken
                    BARRELED IN @ SBR!
                    • 12-25-11
                    • 28918

                    #10
                    Originally posted by sourtwist
                    I could definitely use some direction on future investments
                    Invest in an education
                    Comment
                    • no1here
                      SBR Hall of Famer
                      • 03-23-09
                      • 5914

                      #11
                      The money is here in huge amounts making betpoints very worthy and many posters have the 1K needed. Make Rudy Prez and I'm in. As long as we don't quit we will succeed as SBR betpoints are endless for many of us.
                      Comment
                      • sourtwist
                        SBR Hall of Famer
                        • 11-10-12
                        • 9364

                        #12
                        Originally posted by The Kraken
                        Invest in an education
                        Hey piece of shit, I have a biology degree from stonybrook. I didn't exactly bexome an expert as an investor in the process. Go penetrate carpe, and vote for obama again.
                        Comment
                        • C-Gold
                          SBR Hall of Famer
                          • 09-04-10
                          • 6808

                          #13
                          Don't let a jew control the money. That's when things always go bad.
                          Comment
                          • The Kraken
                            BARRELED IN @ SBR!
                            • 12-25-11
                            • 28918

                            #14
                            Originally posted by sourtwist
                            Hey piece of shit, I have a biology degree from stonybrook. I didn't exactly bexome an expert as an investor in the process. Go penetrate carpe, and vote for obama again.
                            Cool story. Every wanna be doctor has a biology degree. Go study the electron transport chain before you forget it
                            Comment
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