Scattered Friends. This is an investment club (just forming) that is advised by VIMCOR.
Partners in the club take an active role in approving/disapproving all buy/sell decisions
after reviewing VIMCOR'S recommendation. Club enjoys a substantial discount on advisory
fees.
Partners are required to have a valid E-mail address to receive recommendations
and
return their vote.
Key Benefits
Monthly contributions can be deducted directly from you checking account.
Decisions are based upon a majority of votes (raw vote count) received by the particular
recommendation deadline.
Members can learn about investing by studying recommendations, voting on the
recommendations, and by researching and submitting their own investment ideas.
Capabilities
Low Cost
Club enjoys a substantial discount from management fees from VIMCOR. This is due
in part because the club is a non-discretionary account for VIMCOR (Club members have to
approve/dis-approve all buy/sell recommendations before they are executed).
Small Initial Deposit
Scattered Friends allows new partners to join with as little as $25, and an agreement to
deposit monthly via bank draft at least $25.