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To members in the Kingston 20 area who are in the various money clubs - Why not come on and share some of your moves with us?
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Re: Kingston 20 people - Investments
money club ? -
Re: Kingston 20 people - Investments
i think dem mean like investment clubs/groupsOriginally posted by geneva:
[qb] money club ? [/qb]When its hot in the jungle of peace I go swimming in the ocean of love.....Comment
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Re: Kingston 20 people - Investments
yu mean like partner?Comment
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Re: Kingston 20 people - Investments
No Q,he mean investment clubs. It is much more prevalent with womenusually housewives,who pool funds and select different instruments and buy/sell to make a profit.Comment
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Re: Kingston 20 people - Investments
Thanks Dr. Dudd, your info is correct. I don't know anything about them, more than what they say on radio interviews while I was in Fort Lauderdale, with various Jamaican radio shows.
Its like a club, with a fix number of members, then no more can get in. They pool "x" amount of $'s ( which you can afford to lose )and use it to invest in several stock markets, businesses and real estate projects.
And like the Dr. said "It's the women!" who are doing this.
I tried to setup a small group 12, comprising of real estate, stock broker,lawyer, insurance, banking, business (various). And what I found in two meetings, was nobody trusted anyone to even have a third meeting. At the first meeting, a meeting of 6 was agreed to, which the last one was the final one, then the club would start two weeks after on the Monday.
Nobody could come to terms with the various percentage breakdown in all the areas to operate.Comment
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Re: Kingston 20 people - Investments
Maybe the ladies should get a jockey, a parson and a politician to get trust off to a sound start.Comment
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