There are lots of legal issues associated with investing money for others,
the main one being - what happens when you lose money? Anyway, you'd need
to meet with an attorney to determine things like structure and registration
requirements. A club is able to remain (relatively) simple, in the legal
sense, because all members are involved in the management and are usually
general partners.

once you start investing money for other people, there are more legal issues
to deal with.

-----Original Message-----
From: Brandon LaGrange [mailto:blagrange4@cox.net]
Sent: Monday, November 18, 2002 7:47 PM
To: The Club Cafe
Subject: Re: club_cafe: How to prove sincerity


Why would I need to meet with an attorney???

----- Original Message -----
From: "Medio, John (US - Chicago)" <jmedio@deloitte.com>
To: "'The Club Cafe'" <club_cafe@bivio.com>
Sent: Monday, November 18, 2002 2:26 PM
Subject: RE: club_cafe: How to prove sincerity


> Right off the bat you have a problem: a club doesn't involve people giving
> you their money to invest. A club is managed by ALL the partners. What
you
> are suggesting is simply a form of hedge fund. In that case, your first
> step would be to meet with an attorney.
>
> -----Original Message-----
> From: Brandon LaGrange [mailto:scalptrader@bivio.com]
> Sent: Monday, November 18, 2002 4:22 PM
> To: club_cafe@bivio.com
> Subject: club_cafe: How to prove sincerity
>
>
> How can I prove to people I intend to make them money via
> the club and not head to the Bahamas with their money???
> This message (including any attachments) contains confidential information
> intended for a specific individual and purpose, and is protected by law.
If
> you are not the intended recipient, you should delete this message. Any
> disclosure, copying, or distribution of this message, or the taking of any
> action based on it, is strictly prohibited.
This message (including any attachments) contains confidential information
intended for a specific individual and purpose, and is protected by law. If
you are not the intended recipient, you should delete this message. Any
disclosure, copying, or distribution of this message, or the taking of any
action based on it, is strictly prohibited.

So then these clubs kinda just sit on their stocks and don't move them alot
or?? I have no problems on input, I just have an invest strategy I would
like to use for every or any stock. Am I still in the wrong department
here?? What's your clubs turn around on stocks? How many people place the
trades for the stock? Just one right???
----- Original Message -----
From: "Medio, John (US - Chicago)" <jmedio@deloitte.com>
To: "'The Club Cafe'" <club_cafe@bivio.com>
Sent: Monday, November 18, 2002 2:43 PM
Subject: RE: club_cafe: How to prove sincerity


> There are lots of legal issues associated with investing money for others,
> the main one being - what happens when you lose money? Anyway, you'd need
> to meet with an attorney to determine things like structure and
registration
> requirements. A club is able to remain (relatively) simple, in the legal
> sense, because all members are involved in the management and are usually
> general partners.
>
> once you start investing money for other people, there are more legal
issues
> to deal with.
>
> -----Original Message-----
> From: Brandon LaGrange [mailto:blagrange4@cox.net]
> Sent: Monday, November 18, 2002 7:47 PM
> To: The Club Cafe
> Subject: Re: club_cafe: How to prove sincerity
>
>
> Why would I need to meet with an attorney???
>
> ----- Original Message -----
> From: "Medio, John (US - Chicago)" <jmedio@deloitte.com>
> To: "'The Club Cafe'" <club_cafe@bivio.com>
> Sent: Monday, November 18, 2002 2:26 PM
> Subject: RE: club_cafe: How to prove sincerity
>
>
> > Right off the bat you have a problem: a club doesn't involve people
giving
> > you their money to invest. A club is managed by ALL the partners. What
> you
> > are suggesting is simply a form of hedge fund. In that case, your first
> > step would be to meet with an attorney.
> >
> > -----Original Message-----
> > From: Brandon LaGrange [mailto:scalptrader@bivio.com]
> > Sent: Monday, November 18, 2002 4:22 PM
> > To: club_cafe@bivio.com
> > Subject: club_cafe: How to prove sincerity
> >
> >
> > How can I prove to people I intend to make them money via
> > the club and not head to the Bahamas with their money???
> > This message (including any attachments) contains confidential
information
> > intended for a specific individual and purpose, and is protected by law.
> If
> > you are not the intended recipient, you should delete this message. Any
> > disclosure, copying, or distribution of this message, or the taking of
any
> > action based on it, is strictly prohibited.
> This message (including any attachments) contains confidential information
> intended for a specific individual and purpose, and is protected by law.
If
> you are not the intended recipient, you should delete this message. Any
> disclosure, copying, or distribution of this message, or the taking of any
> action based on it, is strictly prohibited.