Quote: troopscottQuote: AcesAndEightsHow are you making these investments? Generally pre-IPO/private equity investing is limited to venture capital firms and/or rich people (e.g. "accredited investors") investing tens of thousands minimum. I'm guessing you are using some app out there that has made this available to the plebes at low investment levels.
So I actually do meet the standard for an accredited investor. that being said I refuse to throw 25-50k into something speculative like that.
I use a few sites like wefunder.com
Here is the most recent company I invested in
https://wefunder.com/circlemedical
There are a few others out there
Cool, thanks. I was considering an investment in a marijuana company through a similar platform (can't remember the name of the platform, or the company, at ALL right now). Decided against it. Good luck with your investments. I stick to index funds these days. No home runs, but consistent compounded growth over time.
Quote: AcesAndEightsQuote: troopscottQuote: AcesAndEightsHow are you making these investments? Generally pre-IPO/private equity investing is limited to venture capital firms and/or rich people (e.g. "accredited investors") investing tens of thousands minimum. I'm guessing you are using some app out there that has made this available to the plebes at low investment levels.
So I actually do meet the standard for an accredited investor. that being said I refuse to throw 25-50k into something speculative like that.
I use a few sites like wefunder.com
Here is the most recent company I invested in
https://wefunder.com/circlemedical
There are a few others out there
Cool, thanks. I was considering an investment in a marijuana company through a similar platform (can't remember the name of the platform, or the company, at ALL right now). Decided against it. Good luck with your investments. I stick to index funds these days. No home runs, but consistent compounded growth over time.
I do all my own stuff I own mutual funds, but mostly stocks I pick and monitor. I prefer nice dividend stocks paying 6% or more like CLDT, GOOD etc and reinvest dividends but in the last little bit I have been throwing 500-1k at some of these type investments. Has to be something I would buy or use or see a real market for. The one above I threw money at because the medical stuff is damn near a cant miss market
Get 20 guys chipping in 100 a month could be 2 1k or 4 $500 investments a month
Quote: SOOPOODid not do particularly well yesterday! But still up 40% from inception. Was up a max of 50%, so has fallen 7% since the peak. (Yes, math is correct!)
Of note, GLXZ is up around 600% from when I bought it. Unfortunately I only bought a small stake in it....
With the 'crash' I am now up 1% from the time of this post Dec 6, 2018. But still lagging around 6% from its peak. GLXZ hovering around 2. Now up around 800% from purchase. Sold a small fraction at 2.02.
General concept. Buy lots of stocks. Hold.
No one ever got this going? I would be interested as well.Quote: troopscottI will say this AcesAndEights if one of you guys want to run it I would be down to put a little money down each week/month and look at these type investments as long as it was properly formed through a corporation etc to make it legal and not just good old boys
Get 20 guys chipping in 100 a month could be 2 1k or 4 $500 investments a month
Quote: AxelWolfNo one ever got this going? I would be interested as well.
Whoa! This type of investing* smacks of Madoff/Ponzi risk - just 'potentially', of course many such operations are legitimate. If you want to get an idea how many aren't, just watch "american greed" once in a while on CNBC. I would seem there are so many scam operations out there that the show never runs out of yet another one to feature. "Loosely organized" is just exactly the thing here that puts an investor at risk.
The thing is, if you want to buy stocks and bonds, you don't need to hook up with anything like this. Just go online or call the real deal, someplace like Vanguard, Fidelity, T. Rowe Price, E-trade, the list goes on and on. It has never been easier or cheaper and the risk of getting scammed [scammed outright anyway] dwindles off to near zero.
*I have no opinion about the suitability of troopscott himself to run such a thing
What ever happened to Troopscott?Quote: AxelWolfNo one ever got this going? I would be interested as well.
Why are you asking me? (-;Quote: unJonWhat ever happened to Troopscott?
Quote: unJonWhat ever happened to Troopscott?
He’s busy recruiting people to enter his college bowl game pool
2 have more than tripled WWE, MA
5 have more than doubled AAPL,, FB, CSCO, COST, ILMN
And then there is NTEK.....