I am pleased to announce that I am forming a stock fund where I will use 10,000,000 of my tacos to invest in stocks in our stock market. Each nation is invited to buy one share of my fund for a price of 1,000 tacos. The fund will last for three months & at the end the profits will be evenly divided between the nations participating. I want all nations to have a chance to share in the profits, so if you don't have 1,000 tacos to buy a share, let me know. To buy a share, please send a 1,000 taco donation to Grub & post in this thread.
The rules for the fund are as follows. I will spend 10,000,000 tacos in buying stocks in the NS stock market. I will own at least one share of every stock. The stocks will probably stay the same, but I can make changes at any time to the stocks in the fund. On 11/1/16, the stock will cash out. If there is loss, you will not be penalized. Any profits will be evenly divided amongst the participating nations.
In four days our fund has made 122,265 tacos. Divided by 25, right now each nation would get 4,890 tacos.
If the profits continued in this exact same way over the next 86 days, each nation would wind up with over 100,000 tacos in profit, but that is just an estimate based off of a small sample size.
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XKI Generation: The Shelter Generation XKI NS Join Year: 203 - Thursday, 29 May 2014 Historical XKI Political Party: TCP - The Circle Party Ancient House of: Louisistan
TITO Knight Master Commander Louisistan 79th Knight of TITO 28th Delegate of 10000 Islands Former Mayor of Taco Island Former TITO Tactical Officer and Executive Officer Former Senator for Lyonesse East
Ouch. In one month we have had a bit of a roller coaster ride on this fund. We unfortunately bought these stocks at their highs & are paying the price for it now. We have two more months to go, but as of now this fund would not pay out anything which is off from our high of 6,341 tacos per share.
At the end we had 23 participants still left & a total profit of 268,280. The 1,000 Tacos you invested turned into 11,664 tacos! Not a bad return! The 11664 tacos will be in your account by the time you read this. We had a lot of ups & downs for this fund. Our low was 8.3 million & our high was 11.6 million tacos. We wound up right about in the middle. Everyone still had a very good return & I am glad about that. Thanks to everyone for participating!