07-31-2007, 11:18 AM
I've been wondering if anyone here would be interested in pooling ou resources to buy / maintain / etc a permanent aspie retreat where people can go when they are down and out of the market and not have to worry about bills, etc, etc.
I was thinking about this today looking at my credit cards and the money I have in my bank account, if we pooled a huge chunk of our credit and portion of our money from our accounts into
a single account and let it accumumate interest for say 30 days (as an example)
We could make interest faster by "snowballing" (stuffing/focusing as much money as possible in a short amount of time) and then letting it sit there and earn interst and then returning the original amount of money and then using the interest to fund a 'retreat' or some similar project.
I keep of thinking of something like Xavier's school from the live action X-men movies.
Now I know this is basic but bear with me... on my little ING account I get %3.5 / yearly so 0.035 / 12 = 0.002916...
I could easily say 11,000 into an account (1 person)
now :
1 person * 11,000 * (0.002916) =
$29 bucks / monthly
Now that is a pitiful amount but... hence the concept of "snowballing" (or rushing large amounts of money into an account, holding it, and getting more money gained on small amounts of interest faster),
Now in the below, each person represents stuffs 11K into a singular account.
@ 50 people x $29.16 = $1,458 / month in interest
@ 200 x $29.16 = $5832 / month interest
@ 1000 x $29.16 =$29,000 / interest.
as you can guess the more people you could get to cram as much money in there as possible as fast as possibel the more $$ you can make in only allowing it a short interest period, we compress "time" by upping the amount.
If we could get the help of others we could probably start some pretty cool projects, but it would take people overcoming the idea and irrational animal feelings / prejudice / aversion to such an idea.
The only thing lacking is willpower really, and a legal framework (accountability) just to assure the paranoid / irrational / fearful types. Although I would hope not to find such on an aspie board, but aspies are not totally immune from their feral evolutionary heritage.
I was thinking about this today looking at my credit cards and the money I have in my bank account, if we pooled a huge chunk of our credit and portion of our money from our accounts into
a single account and let it accumumate interest for say 30 days (as an example)
We could make interest faster by "snowballing" (stuffing/focusing as much money as possible in a short amount of time) and then letting it sit there and earn interst and then returning the original amount of money and then using the interest to fund a 'retreat' or some similar project.
I keep of thinking of something like Xavier's school from the live action X-men movies.
Now I know this is basic but bear with me... on my little ING account I get %3.5 / yearly so 0.035 / 12 = 0.002916...
I could easily say 11,000 into an account (1 person)
now :
1 person * 11,000 * (0.002916) =
$29 bucks / monthly
Now that is a pitiful amount but... hence the concept of "snowballing" (or rushing large amounts of money into an account, holding it, and getting more money gained on small amounts of interest faster),
Now in the below, each person represents stuffs 11K into a singular account.
@ 50 people x $29.16 = $1,458 / month in interest
@ 200 x $29.16 = $5832 / month interest
@ 1000 x $29.16 =$29,000 / interest.
as you can guess the more people you could get to cram as much money in there as possible as fast as possibel the more $$ you can make in only allowing it a short interest period, we compress "time" by upping the amount.
If we could get the help of others we could probably start some pretty cool projects, but it would take people overcoming the idea and irrational animal feelings / prejudice / aversion to such an idea.
The only thing lacking is willpower really, and a legal framework (accountability) just to assure the paranoid / irrational / fearful types. Although I would hope not to find such on an aspie board, but aspies are not totally immune from their feral evolutionary heritage.