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Posted by TheChrisD on Wednesday the 10th of March, 2010 at 9:43:15pm UTC

Right, this is just something that popped into my head while on the way home – and it’s probably more for those of you currently in DCU.

I had this bizarre idea for a new society, along the lines of an investment society. That is to say, all member’s membership fees are basically shares in the investment fund of the society, and the entire society as a whole votes and decides on where and how to invest the fund. During the year there are regular meetings to discuss how well the fund is doing, and whether any changes want to be made. And at the very end of the year, the fund is redistributed back to the members based on how many shares they come and claim – this rewards those members that stick with the society throughout the year and actually claim their part of the fund back, whereas anyone who doesn’t bother has their share instead shared amongst everyone who does claim. To try and show signs of activity as well, there would be talks organised with people such as investment bankers and those who deal with shares, stocks and the like throughout the year.

So, am I clinically insane yet for coming up with such an idea…? :|

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  • http://facebook.com/profile.php?id=520451754 Matt Gaffney

    I think its called a Credit Union

  • http://facebook.com/profile.php?id=100000049475741 Eoin Cos

    dont comment on this stuff matt, it makes me think its important and i read it and get bored, fail

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