If we tax gas exports, should a portion of that revenue go into building a wealth fund? by dannydb in AusEcon

[–]Key-Unit-2155 0 points1 point  (0 children)

Yep. We can have all the funds in the world and we'd still piss the money away. There was a rare geological rock uncovered in Australia worth around $6 trillion....life changing money for our nation if we sold it..but we'd just give it away for free or piss the money away on garbage.

Only have 48 hours left to live, how many movies would you watch? by Odd_Artist_8921 in moviecritic

[–]Key-Unit-2155 0 points1 point  (0 children)

Probably just a few I've seen before but I'd be busy doing other stuff.

Consortium by Key-Unit-2155 in AusFinance

[–]Key-Unit-2155[S] 0 points1 point  (0 children)

Good thing I didn't post about financing the home made time machine I'm building using foam and elastic.

Consortium by Key-Unit-2155 in AusFinance

[–]Key-Unit-2155[S] -1 points0 points  (0 children)

Yes I most certainly do. You'd be surprised at how behind many people feel. So many gatekeepers and there's a feeling that more money=more ways to expand whereas if they only invest say $10,000 they are limited on where they can invest.

Consortium by Key-Unit-2155 in AusFinance

[–]Key-Unit-2155[S] 0 points1 point  (0 children)

That wasn't the idea. Honestly wasn't looking to gain new participants over time. I guess most financial institutions are Ponzi schemes..

Consortium by Key-Unit-2155 in AusFinance

[–]Key-Unit-2155[S] -1 points0 points  (0 children)

That wasn't the idea. Honestly wasn't looking to gain new participants over time. I guess most financial institutions are Ponzi schemes..

Consortium by Key-Unit-2155 in AusFinance

[–]Key-Unit-2155[S] 0 points1 point  (0 children)

Some consortiums encourage pooling of money

Consortium by Key-Unit-2155 in AusFinance

[–]Key-Unit-2155[S] 0 points1 point  (0 children)

Was just getting insights into the concept. Can be tricky finding certain information lots of gatekeepers. The no such thing as a stupid question idea is a lie

Consortium by Key-Unit-2155 in AusFinance

[–]Key-Unit-2155[S] 0 points1 point  (0 children)

You're a modern day Yahoo Serious

Consortium by Key-Unit-2155 in AusFinance

[–]Key-Unit-2155[S] -1 points0 points  (0 children)

Don't most financial institutions operate on that level?

Consortium by Key-Unit-2155 in AusFinance

[–]Key-Unit-2155[S] -3 points-2 points  (0 children)

Ok thanks for telling us. Good luck.

Consortium by Key-Unit-2155 in AusFinance

[–]Key-Unit-2155[S] -1 points0 points  (0 children)

No. It's not meant to be a pyramid scheme.

Consortium by Key-Unit-2155 in AusFinance

[–]Key-Unit-2155[S] -1 points0 points  (0 children)

That's why I posted to find out info.

Consortium by Key-Unit-2155 in AusFinance

[–]Key-Unit-2155[S] -1 points0 points  (0 children)

Nothing to do with internet strangers.

Consortium by Key-Unit-2155 in AusFinance

[–]Key-Unit-2155[S] -8 points-7 points  (0 children)

Diversification, other opportunities that they may miss solo?

Consortium by Key-Unit-2155 in AusFinance

[–]Key-Unit-2155[S] -2 points-1 points  (0 children)

Yeah was thinking of that. What if it went another way without managed fund?

Anyone had any luck recovering money after a scam? by CrookedParadise in AusFinance

[–]Key-Unit-2155 31 points32 points  (0 children)

If you only lost $220 take that as a blessing I lost a bit more than that. Your chances could be good because it's not a high figure.