It's called a community mutual fund. [modified]
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CommunityMutualFund[^] It's called a community mutual fund.do u guys think, there's some lateral thinking involved in this ?You think a concept like this might work sometime in the future ?looking to hear from people. honestly not advertising or promoting anything here.
modified on Thursday, March 10, 2011 7:16 AM
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CommunityMutualFund[^] It's called a community mutual fund.do u guys think, there's some lateral thinking involved in this ?You think a concept like this might work sometime in the future ?looking to hear from people. honestly not advertising or promoting anything here.
modified on Thursday, March 10, 2011 7:16 AM
Please do not use short links here. People want to see what site they're clicking to.
Best wishes, Hans
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Please do not use short links here. People want to see what site they're clicking to.
Best wishes, Hans
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CommunityMutualFund[^] It's called a community mutual fund.do u guys think, there's some lateral thinking involved in this ?You think a concept like this might work sometime in the future ?looking to hear from people. honestly not advertising or promoting anything here.
modified on Thursday, March 10, 2011 7:16 AM
I-am-Learning wrote:
do u guys think, there's some lateral thinking involved in this
Yes, most certainly. Someone in the Financial Services Sector has thought of a new way to get their 10% of your money.
Henry Minute Do not read medical books! You could die of a misprint. - Mark Twain Girl: (staring) "Why do you need an icy cucumber?" “I want to report a fraud. The government is lying to us all.” I wouldn't let CG touch my Abacus! When you're wrestling a gorilla, you don't stop when you're tired, you stop when the gorilla is.
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The real link is still visible in the status bar in that case. I was tempted to down vote your post because the contents don't really give me any idea of what I might be clicking to if I click that short link.
Pete
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Why don't you want to use the full link address? Just paste it in, it will be marked up correctly.
Best wishes, Hans
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Why don't you want to use the full link address? Just paste it in, it will be marked up correctly.
Best wishes, Hans
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CommunityMutualFund[^] It's called a community mutual fund.do u guys think, there's some lateral thinking involved in this ?You think a concept like this might work sometime in the future ?looking to hear from people. honestly not advertising or promoting anything here.
modified on Thursday, March 10, 2011 7:16 AM
looks like one of the worse kind spam/scam.
Watched code never compiles.
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I-am-Learning wrote:
do u guys think, there's some lateral thinking involved in this
Yes, most certainly. Someone in the Financial Services Sector has thought of a new way to get their 10% of your money.
Henry Minute Do not read medical books! You could die of a misprint. - Mark Twain Girl: (staring) "Why do you need an icy cucumber?" “I want to report a fraud. The government is lying to us all.” I wouldn't let CG touch my Abacus! When you're wrestling a gorilla, you don't stop when you're tired, you stop when the gorilla is.
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I did not imply that, in any way. How you can possibly infer that I did is beyond me.
Henry Minute Do not read medical books! You could die of a misprint. - Mark Twain Girl: (staring) "Why do you need an icy cucumber?" “I want to report a fraud. The government is lying to us all.” I wouldn't let CG touch my Abacus! When you're wrestling a gorilla, you don't stop when you're tired, you stop when the gorilla is.
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I did not imply that, in any way. How you can possibly infer that I did is beyond me.
Henry Minute Do not read medical books! You could die of a misprint. - Mark Twain Girl: (staring) "Why do you need an icy cucumber?" “I want to report a fraud. The government is lying to us all.” I wouldn't let CG touch my Abacus! When you're wrestling a gorilla, you don't stop when you're tired, you stop when the gorilla is.
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I now pronounce you Man and Spreadsheet.
Henry Minute Do not read medical books! You could die of a misprint. - Mark Twain Girl: (staring) "Why do you need an icy cucumber?" “I want to report a fraud. The government is lying to us all.” I wouldn't let CG touch my Abacus! When you're wrestling a gorilla, you don't stop when you're tired, you stop when the gorilla is.
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I now pronounce you Man and Spreadsheet.
Henry Minute Do not read medical books! You could die of a misprint. - Mark Twain Girl: (staring) "Why do you need an icy cucumber?" “I want to report a fraud. The government is lying to us all.” I wouldn't let CG touch my Abacus! When you're wrestling a gorilla, you don't stop when you're tired, you stop when the gorilla is.
Story of my life. As soon as I hit the old workstead of a morning, I have a cup of tea and fire up excel for the day!
------------------------------------ I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC Link[^] Trolls[^]
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CommunityMutualFund[^] It's called a community mutual fund.do u guys think, there's some lateral thinking involved in this ?You think a concept like this might work sometime in the future ?looking to hear from people. honestly not advertising or promoting anything here.
modified on Thursday, March 10, 2011 7:16 AM
I-am-Learning wrote:
You think a concept like this might work
Sounds like communism to me...socialistic thinking.
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I-am-Learning wrote:
You think a concept like this might work
Sounds like communism to me...socialistic thinking.
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not exactly. I was thinking purely in logical terms ,rather than what exists today.I dont want to be too loud about it, but i think today's world lacks a lot of logic.
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CommunityMutualFund[^] It's called a community mutual fund.do u guys think, there's some lateral thinking involved in this ?You think a concept like this might work sometime in the future ?looking to hear from people. honestly not advertising or promoting anything here.
modified on Thursday, March 10, 2011 7:16 AM
An excellent opportunity for fund managers and their technology partners to rip off a whole community at a time. Will enrich many lawyers, but few communities will benefit.
"People who bite the hand that feeds them usually lick the boot that kicks them." Eric Hoffer "The failure mode of 'clever' is 'asshole'" John Scalzi
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An excellent opportunity for fund managers and their technology partners to rip off a whole community at a time. Will enrich many lawyers, but few communities will benefit.
"People who bite the hand that feeds them usually lick the boot that kicks them." Eric Hoffer "The failure mode of 'clever' is 'asshole'" John Scalzi
on a serious note . why do you think so.? where exactly do you see the loop hole or the gap? it would be nice to know,and get people's views. if the picture can be clarified - it turn's out this way.this model is something between a govt owned entity and a private owned entity. private is usually totally capitalistic.Govt is inefficient.
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on a serious note . why do you think so.? where exactly do you see the loop hole or the gap? it would be nice to know,and get people's views. if the picture can be clarified - it turn's out this way.this model is something between a govt owned entity and a private owned entity. private is usually totally capitalistic.Govt is inefficient.
The combination of corporation and government in a co-operative enterprise is called fascism. It has never worked to benefit other parties than those two, and likely never will. Community governments are usually somewhat amateurs, and easily sold a bill of goods. They lack the expertise and resources to assess the risks involved. A mutual fund is an investment vehicle. It's primary purpose is to make money for the investors and fund managers. That means any benefit for "community infrastructure" is at best a secondary purpose, a side effect, as it were, of making money for others. It does not strike me as a reasonable way to finance community development. Bonds, with a fixed interest rate and known maturity are more appropriate, and have a known risk for a known investment capital.
"People who bite the hand that feeds them usually lick the boot that kicks them." Eric Hoffer "The failure mode of 'clever' is 'asshole'" John Scalzi
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The combination of corporation and government in a co-operative enterprise is called fascism. It has never worked to benefit other parties than those two, and likely never will. Community governments are usually somewhat amateurs, and easily sold a bill of goods. They lack the expertise and resources to assess the risks involved. A mutual fund is an investment vehicle. It's primary purpose is to make money for the investors and fund managers. That means any benefit for "community infrastructure" is at best a secondary purpose, a side effect, as it were, of making money for others. It does not strike me as a reasonable way to finance community development. Bonds, with a fixed interest rate and known maturity are more appropriate, and have a known risk for a known investment capital.
"People who bite the hand that feeds them usually lick the boot that kicks them." Eric Hoffer "The failure mode of 'clever' is 'asshole'" John Scalzi
ok just to clarify things.- by community i was not exactly meaning a community government. let me try and paint a small picture. I represent a company that's a specialist in producing Hydrogen fuel cells and also in setting up wimax networks.So i belong to the party called the consortium. lets forget the fund manager - he's just offering services for carrying out the entire fiancial operation of taking money in and sending money back to the society. third entiy is the individual. - he see's an opportunity in the form of a Community Mutual Fund to set up Hydrogen fuel cell pumps in a) Country USA B) State Florida c)city Jacksonville the Ownership ratio in the mutual fund scheme is declared as 50% Individual Ownership 50% Consortium.- this implies that 50% of the wealth created is given to the individual who has applied for the fund and the other 50% of the wealth created goes to the consortium. There would ofcourse be minimum entry and exit criteria. depending on the mumber of people who apply for the nation level state level and city level funds - the infra structure would be built and managed up by the consortium company.t's like a stock but there is a predetermined value of ownership and wealth distribution.It's a new kind of instrument,that's actually not available in the market today.A Bond is an instrument that would give you 5% fixed Return on your investment. I dont think -it's fair to compare a bond with this kind of an instrument- for more than a few reasons.It may be apt to compare present day higher risk instruments like stocks nd Mutual funds to the community mutual funds. ofcourse it can't be worked out for everything but in case of healthcare, fuel units, digital infra, rail systems infra - it could work out. Just for your thinking: did you know google pays 0% dividend on it's stock .there are still a large nos of buyers of the stock,hoping that the next fool who's buying the stock is going to buy the stock at a higher level, than they bought it.
modified on Thursday, March 10, 2011 9:41 AM