Would anyone be interested in this? (Siccness mini-hedge fund)

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W

WHITE DEVIL

Sicc OG
#1
Dec 25, 2003
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#1
I'm thinking of starting a "Siccness" mutual fund. The minimum investment would be 50 dollars, (essentially 50 dollars a share), and I would only accept Paypal.

I think this would be a fun and interesting way to show people a bit about how investing works, what kind of returns you can expect, etc.

If I could get enough people into it or work up enough to hit around 20k, I could add some additional hedges to make sure our shit stays legit and decrease risk.

For those wondering about my investment strategy, it would be a very aggressive growth implement - speculating in small-cap companies with shares at or under 25 dollars, with a quantitative value component added.

As for fees, I would charge 1.5% of profits gained in return for active management - a quite reasonable fee compared to what most brokers charge.

In addition, the fact that I would only charge on profit means that if we lose money, I don't make any money either. If you would be interested, respond.

If I get enough people into it, I'll talk to Nemo or B-Please about possibly making the link vital for more exposure.
 
T

TROLL

Sicc OG
#3
Aug 8, 2003
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#3
just let me know what type of small-cap companys your considering investing in and ill consider it... 50rucks isnt too much..
 
Fridge

Fridge

Sicc OG
#5
Mar 13, 2003
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www.billythefridge.com
#5
I'd do it, if hella other people did it.

50 ain't nothin' to a boss... and although your name is half Devil, the other half is White... so I can trust you, right?

Seriously though, what do other people think?
 
T

TROLL

Sicc OG
#6
Aug 8, 2003
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#6
lol.. i hesitated also but like fridge said.. 50 ain nothin too a boss.. but i still will need some insurance that your not gonna run off with a boss's skrill if u can smell what im stankin
 
W

WHITE DEVIL

Sicc OG
#8
Dec 25, 2003
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#8
I am currently working on getting CFP cert, as well as eventually taking my GSR and USA exams. I'm an intern at an Edward Jones regional office. I've been working for the required minimum to test up, but I'm gonna make sure I pass before I take the test.

In any case, I would work this through a third party. I wouldn't be the direct broker.
 
I AM

I AM

Some Random Asshole
#11
Apr 25, 2002
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#11
I'd probably do it, I got other stock too so it'd be interesting to see the differences. What types of "small-cap companies" are you talking about though? Whatever seems to be "better" than the others or are there actually some specifications?
 
W

WHITE DEVIL

Sicc OG
#12
Dec 25, 2003
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#12
I screen based on my own fundamental criteria; its called the "i'm fucking smarter than you and I make money" system.

Basically, i look for companies with capitalization under 250 million, share prices at under 20 dollars, with attractive P/Es, good potential growth markets, market niches or singular products, lack of extensive, broad-based competition, and some accounting criteria: oustanding debts, debt-to-cash ratio, proprietary quality rating (software I can use at work that i can't at home), underwriting, etc.

Alot is very speculative, but I tend to do very well with my own portfolio. I also see a large market shift looming, (next 2, maybe 3 years)at which point I'll go short and wait for the market divebomb.
 
W

WHITE DEVIL

Sicc OG
#17
Dec 25, 2003
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#17
I'd need about 11 "for-sures" before I went into it.

Right now I'm lookin at about 7.

As far as insurance I won't scam you all, I'm not really sure I can give you any, besides my word, and the fact that I regularly post here. Maybe paypal has some sort of "merchant gaurantee", but I'll have to look into it some more.
 
B

BaSICCally

Sicc OG
#19
May 11, 2002
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#19
Its a mutual fund is not one share. A mutual fund is a group of shares and bonds. Mutual funds are a better investment then just buying shares, because they're diversified.
 
Jae iLL

Jae iLL

Sicc OG
#20
Jun 27, 2003
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#20
Hmmm, is that really possible? Don't hedge funds require their investors to be accredited? Are we basically giving you the scrilla, and then YOU'RE investing in a hedge fund as an accredited investor? I don't understand exactly what you're trying to advertise here, a little more information would be greatly appreciated. Obviously, you're not managing a hedge fund, so where is the money actually going?
 
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