For a bit of fun I was thinking today about an AA Co-op accumulator.
The rough idea is up to ten members send £30 to player 1 via Pay Pal gift creating an investment ‘pot’.
Player 1 buys (Grips) something (It doesn’t really matter what so long as you believe it can turn over a profit) and sells it (Pictures / description etc would be fun) The summed total is then sent via Pay Pal gift to player 2 and so on…
Rules:
If selling in auction, fees must be deducted before sending the ‘pot’ onward.
This is supposed to be fun, do not join if you can’t afford to loose £30
Adding value in some way is allowed
You will need a Pay Pal account
Game ends when the pot goes bust or hits £3000
Each player has x1 month MAX to grip / flip and forward the pot to the next player.
This may end in tears.
Names will be added and ranking (Player 1-?) worked out once ? players interest is shown.
Pay Pal details will be sent via group PM.
That sounds like fun.
If it ever gets to 3 g. The site gets it all??
The mind garden is strong
Each player is welcome to do with their share what they wish.
i hope for the last point one way or another
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omsoc
23 April 2018 20:15
6
I’m up for this…I will of course pass on and not pocket.
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MJ2
23 April 2018 21:35
8
Count me in (especially if it’s pretty and coloured and made of vinyl and spins round at about 33 rpm).
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SAP7:
Is this a ponzi?
No. It’s Stronzetto putting together finance for a big glue buy.
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SAP7:
Is this a ponzi?
No, nice idea though - are you a dealer?
Fascinating idea, and I will watch with interest, however my talents lie only in selling stuff for less than I paid for it, so won’t be participating.
6 Likes
You mean the “llama Q “ festival spit roast van is cancelled?
Is UncleP involved? If so, isn’t the pot likely to be lumped on the 3.30 at Newmarket?
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We welcome the mismanagement of funds if well documented
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ICHM
24 April 2018 11:11
17
Not for me, I like to keep profit.
I’m surprised I would have thought this would be straight up your rue.
N.B: Each member has a choice what to do with their share of the final divvy.
I’m hoping he will spread bet