۞ Shajirr's Investment Fund ۞ [CLOSED]

Investment fund in these tough economical times?

good luck too ya.

I will be in touch on game when you have some free time Araycan :)

One thing I was wondering about the rules.. do you think it would be a good idea to have a waiting period from the time of investment before it can be withdrawn? so that a player can not chuck in 100 exalts the day before the profits are published, then withdraw them one day later.

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Varkorium wrote:

I will be in touch on game when you have some free time Araycan :)

One thing I was wondering about the rules.. do you think it would be a good idea to have a waiting period from the time of investment before it can be withdrawn? so that a player can not chuck in 100 exalts the day before the profits are published, then withdraw them one day later.

Yeah I need to clarify this.
Any investments that are less than a week old are only eligible for the distribution of profits made after the investment. So if anyone decides to invest 100 ex an hour before report and withdraw it an hour later, he will just get his 100 ex back basically.

Also, after you request to return part or your entire share, it is also removed from profit distribution which will be made after that date, since I will not be able to use your share after that.

RagnarokChu

Losses are shared the same way as the profit.

Lets say GGG decides to go a nerfing spree and nerfs one of the items I have atm. Let's say it comprises 10% of the fund's total, and it drops in value 2 times. This means the fund as a whole loses 5% total on this transaction. However, 90% of the other items will most likely make profit, or in worst case scenario break even. So that 5% loss will most likely be compensated by profit made from the other items.

So far out of a hundred last deals the times when I was not able to break even or make a profit was two, I already mentioned this. And it wasn't some crazy 50% price drop, it was 0.5ex below buying price in each case, that was enough to sell back the item.

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Who has that metric, your the only that determines WHAT is YOUR share and you pay yourself and determine what is the "price you bought it at." There is no system of checks and balances and you can easily fudge numbers.

Well this is true, but lowering the numbers will mean less profitability - less people interested, and more people withdrawing their investments. So it is basically digging a grave for yourself in the long run.

Can I ask for you 65x chaos x 3 compared to the week I originally invested or do we do this week which technically I'm jipped. What if after you split your shares the currency you invested in goes down in price compared to the requested currency that the investors wanted to be paid in. Do you just lose out on money paying out people?

This is an interesting problem, I should clarify the rules on this.
Payouts will be in exalts. The shares listed will also be in exalts. Initial investment will also be listed in ex, regardless of what currency will be used, converted at the current rate. Only the part that is less than 1ex can be withdrawn in alternative currency.

What you say is true, I don't expect anyone investing massive amounts of currency when my share is around 30-40ex at best.

However, as I said before, people should judge whether the risks/time of investing their currency is worth it or not. Building a reputation is a matter of time. People will be able to make better decisions when the actual performance data will be posted.

Obviously since I traded just for my personal gain before nobody knows me since there are hundreds/thousands of people doing exactly the same, often at much higher volumes.

The weird looking things in your title make me not want to trust you

He is not holding a gun to anyone's head guys. I am personally investing for FUN! I completely understand that the real risk is to lose 100% of everything invested. (no offence Mr investment manager) :P

I have no use for my Standard gear, so it is basically risk free for me.

Maybe one day Araycan will turn my investment into enough that I can go buy BiS Uber GG Mirrored gear and mess around on Standard for fun, actually giving me a reason to play there between leagues!

If you're legit you should charge 20-30% for your services, more for smaller investments. The book-keeping sounds like a nightmare. I would write a program or atleast a spreadsheet.

Who is Shajirr?

Do you have references? Does anyone in the community even know you?

Are you a good/elite trader? What are your credentials?

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Araycan wrote:

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Chromewarrior wrote:

Do you work with corrupted uniques? i may have one or two that i dont use anymore and im too lazy to sell them myself

Depends. Often they have uncertain value and selling probability.
Link the items what you had in mind.

well it seems liike somehow my items dissapeared or i alrdy sold them, idk, anyway i was looking deeper into this discussion and it seems quite complicated for me to invest with this system as im not a constant poe player, i can be playing 9 hours one day then not playing for 2 days.. etc. The idea is quite interesting tho so ill leave my best wishes to you and all your investors.

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MatrixFactor wrote:

If you're legit you should charge 20-30% for your services, more for smaller investments. The book-keeping sounds like a nightmare. I would write a program or atleast a spreadsheet.

I'll consider dropping the % later on. For now the 50% stays.
Book-keeping is being taken care of since even before this project I already had a log of all of my transactions, just continuing to use it.

Hey there,
Im like the only one to offer pure no conversion liquid x10 and you don't even reply :(

I just want to know when I can expect to get 20 back?

thank you :)