Lions and friends… as you know, for a long while now I have been trying to put together an investment fund. I have even attempted to partner with an existing fund. Both of these have turned into legal nightmares with huge costs associated with them.
Well… I have come up with an alternative!
AN INVESTMENT CLUB.
This will also incur on me some legal wrangling and associated costs, but the beauty of this is that I can do it with NO MINIMUM INVESTMENT for anyone who wants to join this club!
I am going to talk to a lawyer today to get some idea of what this will cost me to set up and manage, I will keep you posted.
What an investment club will require, is just a monthly fee- NO OTHER associated fees.
How much? I would assume about $99 a month, not more than that. Moreover, depending on how many people sign up, the lower the monthly fee will be! Maybe even $49 dollars a month- As I said, it depends.
With an investment club, we can pool all our funds which will GREATLY cut down on trading costs and other associated fees which brokerages generally charge.
***IF YOU ARE INTERESTED please respond to this newsletter, PLEASE DO NOT send me a personal email.
It will be MUCH easier for me to track interest by seeing responses to this email.
Thanks,
GM
Interested at <$50/mo. $100 is too much for me.
Im interested brother, one thing I have been meaning to ask you, is how come you have not started a discord server, where you could communicate with us in real time? Also it could have different investment channels etc.. stocks, cryptos.. where we can all discuss amongst one another as well. I think it would be a great place where we could all help one another. Where I could help with my crypto knowledge, someone else may be able to help me with stocks. Just something to think about.