[nmglug] open source investing group

[Bill York]

i'd say a single stock is a bit risky. but if there were an
open-source companies mutual fund, now that'd be a good idea.

do we have goals for the investment? long-term growth or high risk?

bill

On 1/9/07, Andres Paglayan <andres at paglayan.com> wrote:
> Hi All,
>
> Retiring plans anyone?
>
> Just a quick thought to add some emotion to the Santa Fe Linux group
> and meetings,
> btw, I made a new year resolution on attending at least 80%, (we'll see)
>
> Jason started collecting some money for a dedicated server, but we
> never reach the baseline.
>
> What if instead of pouring the money on a server we invest it in
> stock of open-source-backing companies,
> or open-source-based companies, or open-source-producing companies.
>
> The system would be something like:
>
> We pledge a monthly installment we all (or those willing to
> participate) agree,
> (something ok to everybody from $10 to $50/month may be)
>
> when we get together we figure out where to invest that money,
> provided that the stock we purchase must be of a very open source,
> gnu friendly company.
>
> A neighbor of mine who makes a good profit on the stock market told
> me once:
> "I only put my money in stuff I know about"
>
> of course we have to set some rules and organize who can get in, out
> and all that stuff,
> but why not?
>
> what do you think?
>
>
> Andres
>
>
>
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