[nmglug] open source investing group

[Andres Paglayan]

I am thinking a little more naively,
in the sense that if you play for money you tend to think better,
have you ever played poker for no money? (stripping counts)

I see it as a FOSS educational activity with the money amount you tip  
at SFBC

Doing it by your own does not encourage dialog,
knowledge interchange, nor crowd-ware,
which is for me the reason for engaging in it,
(nobody prohibits making your own side investments)

options for profits, if any, can be:
you take your share out, (3)
you give the money to i.e. debian (2)
all buddies leave their stake for re-investing (long term) (1)
or why not, all of the above,

as said before, we should set a set of simple rules,

and again, I'd love to do it for the fun and knowledge,
not for the money,


On Jan 9, 2007, at 12:30 PM, Bill York wrote:

> i would say there's no point in doing it for profit. everyone's share
> would just be divided up according to the money they put in. and in
> that case, just do it on your own. the taxes and administration would
> be a nightmare for individuals.
>
> i guess i had assumed that the money would be put toward hardware and
> maintenance, but i may have been mistaken.
>
> on the other hand, if we get enough money into a fund to make a
> difference, would we pull it out again to buy stuff? buying it off the
> interest is more than i can see the entire group putting toward the
> initial investment.
>
> bill
>
> On 1/9/07, strobedream <strobedream at gmail.com> wrote:
>> stocks are fun and mutual funds are nice, but how is the money  
>> going to
>> be split up/used for? For example is the plan going to be to use the
>> "profits" to set up a dedicated server and maintain it, or are they
>> going to be split up for profit?
>>
>> This is just a problem that I seem to see happen a lot.
>>
>> TD
>>
>> Bill York wrote:
>> > 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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