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<p>[QUOTE="coleguy, post: 260854, member: 9167"]The problem I can see arising from this is, get ten people together, investing differing amounts of money...nobody's going to agree on what to invest in, and if someone makes the decision for them and it fails, who's going to garner the responsibility? If it works, how do you pay out?</p><p> </p><p>I'm not saying it can't work great. I'm just curious as to how much actual thought has been invested before you start asking people, mostly starngers, to invest hard-earned cash. It may be for fun and all, but for $1000 I can take my family to Disneyland for a few days and have some fun.</p><p> </p><p>If the real motive is to invest and buy coins we normally wouldn't otherwise because of cost, instead of calling it an investment club, why not just pool the money and buy from an auction where everyone might get to have a coin in hand. That would be a real return and wouldn't require lawyers and accountants and talk of lawsuits and such. I'm a collector. I want coins, not a chance of a $50 gain in a year's time.</p><p>GUy~[/QUOTE]</p><p><br /></p>
[QUOTE="coleguy, post: 260854, member: 9167"]The problem I can see arising from this is, get ten people together, investing differing amounts of money...nobody's going to agree on what to invest in, and if someone makes the decision for them and it fails, who's going to garner the responsibility? If it works, how do you pay out? I'm not saying it can't work great. I'm just curious as to how much actual thought has been invested before you start asking people, mostly starngers, to invest hard-earned cash. It may be for fun and all, but for $1000 I can take my family to Disneyland for a few days and have some fun. If the real motive is to invest and buy coins we normally wouldn't otherwise because of cost, instead of calling it an investment club, why not just pool the money and buy from an auction where everyone might get to have a coin in hand. That would be a real return and wouldn't require lawyers and accountants and talk of lawsuits and such. I'm a collector. I want coins, not a chance of a $50 gain in a year's time. GUy~[/QUOTE]
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