Suggestions, comments and questions can be discussed here.
At the beginning, when the club is smallest, the portfolio might be limited to 2 or 3 investments depending on starting capital.
As the fund grows with the club and additional contributions, we can increase and expand the portfolio, obviously.
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With the newfound enthusiasm on sponsoring law suits in both the mortgage fraud and tort claim arenas, and with both scenarios requiring about $10,000 per case, here are some thoughts.
1. We all know diversification is important.
2. a single case will likely take from six months to a year or more to mature.
3. in the meantime, if we don't invest in anything else, we basically have nothing of value in our portfolio unless or until the case pays off.
With that in mind I have come up with a proposed formula for portfolio allocation;
A ) . Each 'Project' would set a fundraising target of $13,500. Once the funds are available, that 'Project' is closed.
B ) . Each project offers members a total of 54 shares at a value of $250 each. So each project would consist of anywhere from 1 member to 54 members.
C ) . The Project allocation goes like this...
- 5% Admin: Bookkeeping, reports, bank fees, trustee fees, etc. $675
-10% Crypto currencies . $1350
-10% Gold & Silver $1350
-75% Lawsuit Scholarships . $10,000 . (the $125 left over would be kept in petty cash account)
Thus, 20% of our investment would always provide a base of value and in both the Cryptos and Metals categories, experts offer the prospect of significant potential appreciation so this would a good hedge that would provide us something of value always 'working' for us regardless of what happens in the lawsuits.
