View Full Version : public meeting
sean r
20/10/2003, 11:31 PM
WHAT THE CLUB SHOULD DO ONCE THINGS ARE SORTED OUT IS TO SECURE A SOUND FINACIAL FOOTING. EVER HEAR OF MUTUAL FUNDS? I THINK THE CLUB SHOULD BUY INTO THEM AND INVEST SOME MONEY THEY INVEST EURO 10,000 IN 6 MONTHS IT COULD BE MORE THEN 20,000. MUTUAL FINDS HARDLY EVER DROP BELOW A CERTIN VALUE. ALSO SAVINGS BONDS ARE A GOOD INVESTMENT TOO IF YOU BUY 1 FOR 500 IN 1 YEAR IT IS 1000. IT ALWAYS DOUBLES IN VALUE AND IS A SOLID INVESTMENT. THIS IS GOOD FOR THE CLUB BECAUSE THEY WILL ALWAYS HAVE MONEY AND CAN PREPARE FOR THE LONG TERM TOO. ALSO 401K ARE A REAL GOOD INVESTMENT ALSO I THINK THE NEW CHAIRMAN AND TREASURE SHOULD LOOK INTO THIS
Limsfan
21/10/2003, 12:11 AM
That all sounds great Sean but you need alot of spare cash to be able to allow it to be tied up, if the club had that kind of money floating around they wouldn't be in the financial mess their in, and players could be paid on a regular basis. And this committee are not ever likely to be in a position like that wouldn't you agree.
with a city the size of Limerick & soccer to yourselves, you should be able to attract a much bigger following.
Schumi
21/10/2003, 10:27 AM
Originally posted by sean r
SAVINGS BONDS ARE A GOOD INVESTMENT TOO IF YOU BUY 1 FOR 500 IN 1 YEAR IT IS 1000. IT ALWAYS DOUBLES IN VALUE Huh? How does that work. I must have missed something, that sounds way too good to be true.
joeSoap
21/10/2003, 10:30 AM
I'm afraid it is too good to be true, schumi. Otherwise we'd all be at it.:(
Powered by vBulletin® Version 4.2.2 Copyright © 2025 vBulletin Solutions, Inc. All rights reserved.