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So, you are in charge of a coin investment fund. What would you do?
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<p>[QUOTE="rte, post: 12672729, member: 78199"]In the middle eighties (86-87) a friend got in on a coin investment group/club.</p><p>This friend put in a set amount of money (say $300) and found 3 people who did the same.</p><p>After the qualifications were met the friend got a check/dividend on which one would reinvest back to the club and receive 1 half ounce AGE and 3 ASE's.</p><p>After his 3 people each got 3 more people and did the same the friend was to get another check/dividend on which one would reinvest back to the club and receive a 1oz AGE and 3 ASE's.</p><p>At which point each person of the 3 people would each get 3 more people as the cycle goes on...</p><p><br /></p><p>Something happened with one of the guys claiming someone else got a dividend out of turn which upset another and it was OVER! </p><p>Couple days before the friend was to take possession of the 1oz AGE and 3 more ASE's</p><p>the government stepped in and shut down the investment group/club.</p><p>Lawyer's and CPA's over the next 4 years couldn't get the government to clear up things and it was put to rest.</p><p>Fast forward to today...what's the half ounce AGE and 3 ASE's worth?</p><p>Was it a good investment?</p><p>Good investment group?[/QUOTE]</p><p><br /></p>
[QUOTE="rte, post: 12672729, member: 78199"]In the middle eighties (86-87) a friend got in on a coin investment group/club. This friend put in a set amount of money (say $300) and found 3 people who did the same. After the qualifications were met the friend got a check/dividend on which one would reinvest back to the club and receive 1 half ounce AGE and 3 ASE's. After his 3 people each got 3 more people and did the same the friend was to get another check/dividend on which one would reinvest back to the club and receive a 1oz AGE and 3 ASE's. At which point each person of the 3 people would each get 3 more people as the cycle goes on... Something happened with one of the guys claiming someone else got a dividend out of turn which upset another and it was OVER! Couple days before the friend was to take possession of the 1oz AGE and 3 more ASE's the government stepped in and shut down the investment group/club. Lawyer's and CPA's over the next 4 years couldn't get the government to clear up things and it was put to rest. Fast forward to today...what's the half ounce AGE and 3 ASE's worth? Was it a good investment? Good investment group?[/QUOTE]
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So, you are in charge of a coin investment fund. What would you do?
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