Forum Archive Index - October 2000

[Mike Nelson <bb2345@ihug.co.nz>]

>From my point of view I would like to play a fairly passive role
contributing my $1000 and mentioning my preferences but certainly not
expecting my choices to be adopted unless there is consensus.

We would need some rules but not too all encompassing and complicated. KISS.

How about an Access (or similar) account where we act as our own counsel
and negotiate good rates for each trade. Perhaps conduct meetings
occasionally via IRC or ICQ.

Regards,


MN




At 09:41 AM 09-10-00 +1300, you wrote:
>    Sorry guys my intentions were not to use real  money but to track the
>concept using hypothetical money...but, hey, why not a  real life one. Just
>a hell of a lot more complicated setting up the rules, who  runs it, who
>looks after the funds...do we use a real time broker with a cash 
>account...he could more easily keep track of money and two or three
>different  portfolios. If there were enough of us involved we could even
>negotiate more  favorable rates.         

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