Startup Projects Background

Overview

1. I want to create real wealth and get the poor off of assistance While creating revenue for future Generations.

A.Co- op investing will be the way to do this

B.-By Creating Groups of low income investors to buy -condominiums, hotels, motels, and other high profit stocks with fast returns

C. The company would  broker the purchases for a small fee or percentage

the group would only be required to invest 1000 or less and the returns would be divided up and the process is repeated around the country  and world

D.By doing this we can Take on many  Distressed businesses, mines, resorts ect.

with little risk.

E. But to be a reliable Group it would need to stay off the stock exchange and remain private. while the purchasers can be added to the exchange or not.

F.- All assets can be handed down to family for generations unless you have other plans for it and it can be sold —-So unless it is otherwise stated it stays in your family.

By doing the above mentioned –the lower income folks can acquire real wealth and get off of assistance —this would boost the economy and the kids may have a future ..The risk is low while the returns are big…

What I need is an experienced person that knows the laws of such matters and capital as I have no experience —If someone wants to use this Idea all I want is feed back and if successful a percentage

 

Created 10/1/2013 at 04:41 PM by wesdfs in Investing

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Comments (5)

It’s not that this idea wouldn’t work, because it could but you are missing out one key factor. Most people who are on state benefits are there because they can’t get a job, i.e lack of intelligence (obviously this is not always the case but most very intelligent people are not on benefits). I don’t mean this at all in a horrible way but if they can’t get a job at McDonalds can they really weigh up risk when investing in shares?

10 - Report abuse   October 2, 2013 at 10:25 am by Chris Wicks

You could get government support to help people understand. Would you have to be unemployed to buy the shares?

00 - Report abuse   October 2, 2013 at 1:56 pm by Purdeyent

this could have the potential to get subsidies from the government and states as well but the main point would be to get the low or no income folks their own money with out costing the tax payers to much—once they have income they can be removed from assistance and pay taxes while other can acquire real wealth. I think this would have the potential remove poverty as we know it

00 - Report abuse   October 3, 2013 at 4:05 am by wesdfs

Its all correct in theory, but do some of these people want to do it? How would you help them do it? It won’t be easy because you will be met with resistance.

00 - Report abuse   October 3, 2013 at 8:35 am by Purdeyent

Agree with Purdey here. It would be a major challenge to convince people to spend what little money they have on shares they may not understand. However write to your local government because with their help it could work.

00 - Report abuse   October 3, 2013 at 8:26 pm by jbently

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