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Crowd Sourcing “The Greater Society Perpetual Bond”

August 1, 2012

The RiskWerk Company has decided to sponsor The Greater Society Perpetual Bond™ (the “Bond” or GSPB) as a registered charity and non-profit organization whose only purpose is to accept “small” donations that may be accumulated into a Perpetual Bond™ of some significant size and to distribute the ongoing income from the Bond to the charitable organizations and causes that you vote for with your money – $1 is one vote, $100 is one hundred votes, and so forth – every six months.

But there’s more.  Your votes are appreciated in proportion to the portfolio gains so that what was, for example, 100 votes in the early days, counts for 115 votes six months later if our returns are, for example, of the order of 15% which we have reason to expect even in just six months regardless of the market (please see these Letters, NASDAQ 100 – (B)(N) There And Done That, June 2012).

And the process continues, in perpetuity, so to speak, so that the worth and value of the original or early or any donations continues to grow in both value and voting power indefinitely for all practical purposes. The Bond is a gift that simply keeps on giving and automatically adjusts to the demonstrated societal interests of the times.

The RiskWerk Company will manage the portfolio and the results and ongoing decisions will be shared in these Letters.  We will manage the money as a Perpetual Bond™ in the companies of the NASDAQ 100 (and other markets if we exceed that capacity) and at the end of six months, we will distribute the earned dividends and capital gains, net of taxes and management expenses if any, but not the capital, to the charitable organizations that have  been specified by the donors on the basis of $1 donation is equivalent to one vote in the distribution and the cut off (if necessary) will be the deemed minimum useful amount, such as a donation of $1,000 and up, ranked by the votes pro rata until all of the period earnings are distributed. For example, an organization or cause with 40% of the votes will receive 40% of the income twice a year.

Money Votes

Contributing is easy and easily documented for tax or any other purpose. Simply send your donation by e-transfer to our email address RiskWerk@gmail.com and please remember to tell us where you would like the earnings to go. Hopefully, there will be a multiplier effect and we will discover that there are many others who think as you do and, therefore, increase the power of your votes.

There is no cut-off date or closure for new donations and any amount is acceptable at any time. The Bond is managed with our usual technology of “Alpha-smart with 100% Capital Safety and 100% Liquidity” guaranteed with No Fees and No Loads and No Expenses other than the management expenses that are based on the earnings and it would be prudent to increase the retained capital at the rate of inflation in order that future distributions will keep their worth as “spending money” for the causes that you select and, in effect, elect.

If you don’t have any money right now (alas), or even if you are a donor and have made your votes, please forward this Letter to any of your favourite causes and we can work with them in their fund-raising efforts.

What can we hope for?

A modest sized Greater Society Perpetual Bond (GSPB) of $100 million, which is not even a “pixel” in the current $1.8 trillion of the NASDAQ 100 market,  can be expected to siphon off  about $20 million per year (after taxes, if any) from the profits of the “capitalist adventurers” who are betting against us in the equity markets and that money can be distributed to hundreds and possibly thousands of charities and causes at the rate of $10 million every six months pro rata according to your votes (not ours, but your votes) for as long as they are eligible.

Imagine what $1 billion – which is barely a “dot” and routinely “lost” and “found” in any hour of the daily markets – could do.

Ernst Goetze, President,
The RiskWerk Company,
Toronto, Ontario, Canada
Email: RiskWerk@gmail.com

Disclaimer

Investing in the bond and stock markets has become a highly regulated and litigious industry but despite that, there remains only one effective rule and that is caveat emptor or “buyer beware”.

Nothing that we say should be construed by any person as advice or a recommendation to buy, sell, hold or avoid the common stock or bonds of any public company at any time for any purpose. That is the law and we fully support and respect that law and regulation in every jurisdiction without exception and without qualification to the best of our knowledge and ability.

We can only tell you what we do and why we do it or have done it and we know nothing at all about the future or the future of stock prices of any company nor why they are what they are, now.

The author retains all copyrights to his works in this blog and on this website. The Perpetual Bond®™ is a registered trademark and patented technology of The RiskWerk Company and RiskWerk Limited (“Company”) . The Canada Pension Bond®™ and The Medina Bond®™ are registered trademarks or trademarks of the Company as are the words and phrases “Alpha-smart”, “100% Capital Safety”, “100% Liquidity”,  ”price of risk”, “risk price”, and the symbols “(B)”, “(N)” and N*.

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