Spinoff Thread: The Coli Black Investment Club

Turk

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Can I offer a real assessment? I would say the first couple of questions should be:

1- how much are people willing to invest? I think the number should be fair, so as no not make people feel ripped off if they start. I would start at $20, maximum $100 per person

2- Selection strategy. Each person has an equal vote, with a weighted average based on their contribution. Invest more and your vote has more weight. Say if we had a hundred people in. We could pick a list of investments and vote on it. Go from there.

3. Contributions most likely need to be sent via pay pal. If we are talking about stock/bond/otc/forex investments then somebody has to designated as the "dealer". Trust is big on that part.

4. How do you get your money/investment back? I guess it could be sent back via PayPal or some mechanism but that needs to be decided.

I personally would love to have some Coli day trader fund be set up. Get risky and aggressive. Do options trading and things that have good risk reward to it. I can afford to lose a $100, especially if the pay off could be a few grand :blessed:


Bottom line is I'm down but I'm not trying to talk about it. I'm trying to be about it. What say you?

Sounds great. I dont think $100 should be too great of a loss for anyone if it doesn't work out :leon:
 

Hawaiian Punch

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Sounds great. I dont think $100 should be too great of a loss for anyone if it doesn't work out :leon:

That's how I feel. To me in most cases $100 is the maximum amount most people here should be comfortable parting with without getting too pissed off if things don't work out.

I don't know if we could but in theory if you could get 100 people here to invest $100 we could make something happen on the day trading/options trading thing. I remember a thread here where a dude was making it happen with options.

Don't trade stock options breh...

I don't know how most people here feel but I'm more inclined to take a chance on more risky investments, just based on the small amount we would invest individually. Focus solely on high risk high reward. I say: shorting stocks, options, day trading, forex. Things that have potential to generate funds quick.
 

beaniemac

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I'm 4 pages deep and didn't see many suggestions to actually start a business together :snoop: here are some tangible things we could do together for very little money.

#1 we could all invest in @Blacksands video game idea to get him the boost he needs to make his idea really something real

#2 We could start a "black investment club" where we make small loans to businesses who need the loans in exchange for percentages of profits or payback of the loan with interest

#3 we could start an MLM. Granted, this isn't the BEST option, but if we started an MLM, started posting pictures online and using that as a way to recruit one of those big people in an MLM, we could all sit pretty until we get shutdown :mjlol: :yeshrug: white people do it over and over and make a killing, why shouldn't we?

#4 we could start an alternative media channel online. We have enough people here that we definitely have the capabilities for writing, video journalism, etc. and we already do this in various forums. We could get a plan together (those who invest) and build a media channel that represents our view and eventually get sponsors and sell it to a larger company (Viacomm for example) or keep it independent :salute:

#5 (and this one is the MOST controversial) we start a business aimed specifically at white people in order to get the white dollar into the black community. Asians have hair care stores and food stores in our neighborhoods and we flock to those and give our dollar to different communities, why shouldn't we aim for a different communities dollar to bring into our community? My plan would be (again this is controversial) we start a clothing business that is directly for white people where we sell Trump branded memorabilia in rebel flag print, anti Hillary messages, stupid south sayings like "This is OUR country" etc. We really walk the line between acceptable and controversial. This would do two things: 1 we would make money because we know that hillbillies would buy the shyt and 2 we would be directly undermining them by selling it to them. If we ran an online store it would be little investment (the website, photoshop, printer for the shirts etc., marketing) and we know these types of people aren't going anywhere any time soon

Thoughts :jbhmm:

personally, I'd rather invest in a known company (stocks for known companies) than for a startup business. the risk with startup is very high and you might not get your investment back. at least with stocks, you pretty much know the companies aren't going broke, so while you can make or lose money, there's virtually no risk of losing everything.

as for point #2, I would not want to lend my personal money to a business. I'm not a bank, and I have no way of taking any real repercussions if I don't get my money back.

as for point #3 :camby: that MLM bullshyt.
 

TL15

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personally, I'd rather invest in a known company (stocks for known companies) than for a startup business. the risk with startup is very high and you might not get your investment back. at least with stocks, you pretty much know the companies aren't going broke, so while you can make or lose money, there's virtually no risk of losing everything.

as for point #2, I would not want to lend my personal money to a business. I'm not a bank, and I have no way of taking any real repercussions if I don't get my money back.

as for point #3 :camby: that MLM bullshyt.

I agree with you... but if we are talking collectively, we all put in 100 dollars and give a breh 20,30K to build something... what's the REAL risk? you lose $100?

As for loaning people money it's not hard to collect if you have iron clad contracts, collateral, and the legal system.

And #3 (starting an MLM)... I'm not saying it would be the wisest thing to do but you're playing yourself if you don't think the people at the top of the pyramid aren't making dough.

But I'm curious... (not trying to be an ass) what are your ideas? You want to invest in the stock market? Better off gettin a Roth IRA honestly :manny: you don't want to help a breh on the coli reach his dreams when he might be able to flip his game into a company that hires black engineers... It's more about the long play than the short play honestly
 

beaniemac

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That's how I feel. To me in most cases $100 is the maximum amount most people here should be comfortable parting with without getting too pissed off if things don't work out.

I don't know if we could but in theory if you could get 100 people here to invest $100 we could make something happen on the day trading/options trading thing. I remember a thread here where a dude was making it happen with options.

Don't trade stock options breh...

I don't know how most people here feel but I'm more inclined to take a chance on more risky investments, just based on the small amount we would invest individually. Focus solely on high risk high reward. I say: shorting stocks, options, day trading, forex. Things that have potential to generate funds quick.

options are EXTREMELY risky. and if you are worried about potentially losing money fast, I'd avoid them like the plague. cuz when that margin call come, that's yo ass.
 

beaniemac

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I agree with you... but if we are talking collectively, we all put in 100 dollars and give a breh 20,30K to build something... what's the REAL risk? you lose $100?

As for loaning people money it's not hard to collect if you have iron clad contracts, collateral, and the legal system.

And #3 (starting an MLM)... I'm not saying it would be the wisest thing to do but you're playing yourself if you don't think the people at the top of the pyramid aren't making dough.

But I'm curious... (not trying to be an ass) what are your ideas? You want to invest in the stock market? Better off gettin a Roth IRA honestly :manny: you don't want to help a breh on the coli reach his dreams when he might be able to flip his game into a company that hires black engineers... It's more about the long play than the short play honestly

personally, I'd rather folks on here share their knowledge of finance and investing so folks can decide on their own if they want to do it and/or risk as much or little of their money as they want and hopefully make some money in the process.

I have two retirement accounts, one of which is a roth IRA, and I have my personal account for investing.
 

TL15

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personally, I'd rather folks on here share their knowledge of finance and investing so folks can decide on their own if they want to do it and/or risk as much or little of their money as they want and hopefully make some money in the process.

I have two retirement accounts, one of which is a roth IRA, and I have my personal account for investing.

Well I :salute: any brother who is looking toward the future and has a plan for himself/family

I definitely don't want to go back and forth on a negative tip at all in this thread

I guess my ideas were more for a group investment...I wouldn't recommend anyone go broke investing in a startup vs. stocks...it was more like "let's put SOME money in a pot and start something" :yeshrug:
 

ridedolo

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What Are Investment Clubs?

They can be found in most municipalities and regions, and have been around for decades as a way for people with limited funds to contribute and partake in larger investments as well as to get first-hand experience and education. Investment clubs are simply a group of people who pool their money in order to make joint investments, usually in stocks or bonds. While their primary motivation is to make the most money possible, clubs are also a great way for investors to share ideas and learn about the market.


How are Investment Clubs Set Up?
If you start a new investment club, it is a good idea to provide a solid structure to ensure the club's agenda is carried out efficiently and without friction. An investment club is usually a legal partnership or a limited liability company consisting of 10-20 members. Once it is legally established, it is imperative that standardized accounting records are established for it. After all, unlike independent individuals investing directly into the stock market, an investment club pools money from each member.

After a member initially contributes an initial lump-sum for investment purposes, the typical investment club requires a monthly contribution of about $80 from members. Nevertheless, members may not contribute the same amount, nor be participants for the same durations. Therefore, an investment club must have a clear way of determining each member's share at a given point in time since members are likely to be contributing funds on a periodic basis, and probably intend to withdraw funds from their share of the club's assets at some time in the future.

Also, when first starting an investment club, be sure to establish a brokerage account in the investment club's name. Shopping around for a suitable brokerage firm is a good idea, as different brokers usually have unique offers for investment clubs. (For more, see Choosing A Compatible Broker.)

To facilitate club decisions and member education, an investment club should schedule regular meetings at least once a month. Regular monthly meetings can be fun and insightful, as members present a stock they have researched and would like the club to consider buying. Club members carry the responsibility of researching potential investment purchases for the club and staying up-to-date on the performance and outlook of their holdings going forward. It is important that club members actively participate in the club's portfolio construction and maintenance in order to maximize their own investment education - one of the key goals of an investment club. With that in mind, there are many steps an investment club can take to boost members' opportunities to gain as much knowledge as possible.



Read more: 4 Tips For Joining An Investment Club | Investopedia 4 Tips For Joining An Investment Club
 

Hawaiian Punch

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options are EXTREMELY risky. and if you are worried about potentially losing money fast, I'd avoid them like the plague. cuz when that margin call come, that's yo ass.

Options are risky but if we had a general investment fund what's wrong with allocating a small portion for high risk/reward scenarios?

Personally I wouldn't want to waste my time investing a $100 for a mutual fund. I could do that on my own :hubie:
 
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