{"id":13882,"date":"2014-04-04T11:45:17","date_gmt":"2014-04-04T03:45:17","guid":{"rendered":"http:\/\/silverhairsclub.com\/?p=13882"},"modified":"2014-04-05T01:33:53","modified_gmt":"2014-04-04T17:33:53","slug":"what-if-we-can-raise-3m-how-shall-we-do-it-what-shall-we-do-with-it-and-how-shall-we-safeguard-this-idea","status":"publish","type":"post","link":"https:\/\/silverhairsclub.com\/?p=13882","title":{"rendered":"What if we can raise $3m? How shall we do it? What shall we do with it? And how shall we safeguard this idea?"},"content":{"rendered":"

\"money3\"<\/a>\"property<\/a>\"property2\"<\/a>\"money1\"<\/a>\"money4\"<\/a>\u00a0<\/a>Besides holidays, dancing and makan, I am glad to see that there are others in our membership coming up and sharing their ideas, although they may not want to raise their ideas in the Club forum for members to discuss. \u00a0One main reason is being slammed down by experts and Mr Know Alls, even before the topic gets underway. \u00a0Sometimes, I wonder how some members know that I am in Singapore. \u00a0Well, I found out that if these members see that I have registered for an event, it is likely I am around that day. \u00a0I do make an effort to come for discussions, if my time permits.<\/p>\n

This discussion is interesting; it had been raised before during the early days of the SilverHairsClub; but it had been slammed down due to I forgot what. \u00a0Start again. \u00a0We had discussions about a physical club and a place. \u00a0It has always been “Why not? \u00a0Members need a physical place to call home. \u00a0We never got anywhere. \u00a0Today’s property prices are high. \u00a0It may drop after cooling measures. \u00a0Prices may also go up and higher too because of limited land in Singapore, unless a major disaster happens. \u00a0During the recent business networking meeting, I had a chat wit a fellow member, who was looking at some properties. \u00a0What not we share to buy a property? \u00a0Maybe for investment. \u00a0Of course, there will be nitty gritties, risks and …., but we have so many experts within SHC. \u00a0We have so many members, maybe 50 or 100 are looking to invest in a property, something. \u00a0I dont want to over jump the options. \u00a0We have financial experts, property experts, bankers, … lawyers, and investors. \u00a0Some want to invest, others want \u00a0keep their money in the bank, and others put their money under the flower pot.<\/p>\n

Let’s discuss an idea. \u00a0If, for example, we use a number of SGD 3m. \u00a0We aim to raise that number. \u00a0Let’s say we have interest participation for 40 people. \u00a0If this works, this would mean 75,000 per lot. \u00a0Let’s say we raise this over 6 months. \u00a0There will be 3m in the kitty. This will be one group. \u00a0They come up with options, buy backs, interests, the financial managers, etc.<\/p>\n

Meantime, another group can look at what to do with the 3m. \u00a0Maybe, buy a commercial property. \u00a0Maybe take over a company or business. \u00a0Invest in a co-operative. Sure, if there is 3m, it is easier to talk. \u00a0Without, it will still be easy to talk. Perhaps, IvanL, you may have some ideas too. Maybe we can do something that will benefit us, through our SilverHairs years. So, the 2nd group looks at the investment opportunities.<\/p>\n

I think we can have the last group, which will look at protecting the investors. \u00a0Many times, we failed in such discussions, because we are all talking about retirement money. \u00a0If it fails, what happens. \u00a0Are the pluses attractive vs the negatives. \u00a0Can we buy back? \u00a0Etc. I guess a lot to discuss. \u00a0Experts, experienced members, and ordinary members, how can we take this forward.<\/p>\n

I think there some members will offer very negative comments and viewpoints. \u00a0While I agree there can be negatives, how about thinking how to make the idea work. \u00a0We have enough brains and expertise to fine tune the idea.<\/p>\n

So, let’s use $3m as the target to raise to invest, look at what we can invest with 3m and finally how to safeguard our interest.<\/p>\n

** Thank you to the people who caught me when I had some time in Singapore. \u00a0I love to listen to ideas. So, let’s start.<\/p>\n

Terence Seah<\/p>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a0Besides holidays, dancing and makan, I am glad to see that there are others in our membership coming up and sharing their ideas, although they may not want to raise their ideas in the Club forum for members to discuss. \u00a0One main reason is being slammed down by experts and Mr Know Alls, even before … Continue reading “What if we can raise $3m? How shall we do it? What shall we do with it? And how shall we safeguard this idea?”<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-13882","post","type-post","status-publish","format-standard","hentry","category-1"],"_links":{"self":[{"href":"https:\/\/silverhairsclub.com\/index.php?rest_route=\/wp\/v2\/posts\/13882","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/silverhairsclub.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/silverhairsclub.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/silverhairsclub.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/silverhairsclub.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13882"}],"version-history":[{"count":8,"href":"https:\/\/silverhairsclub.com\/index.php?rest_route=\/wp\/v2\/posts\/13882\/revisions"}],"predecessor-version":[{"id":13921,"href":"https:\/\/silverhairsclub.com\/index.php?rest_route=\/wp\/v2\/posts\/13882\/revisions\/13921"}],"wp:attachment":[{"href":"https:\/\/silverhairsclub.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/silverhairsclub.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/silverhairsclub.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}