Make 1% a Month with the EFD Growth Fund!

[TylerDurden]

DrFeelGood will take off his pants for PED in Atlas Haven!! (Or he'll make you take off your pants for PED... I don't remember how that worked.)

[Nihilist]

Originally Posted by cheeky monkey

Interesting Idea. If I had more than 200 PEDS I would try it. I have a question though. Even if you get 500k PEDS earning 1% a month, thats only 5k PEDS/month. Looking at the EFD auction threads, that is about 16-18 PEDS/month in interest on EFDs.

Is that enough to even consider buying a shop booth with? Let alone stocking the booth?

EFD not Ped.. the EFD will be converted to ped in the most efficient way using the efd auction section. I will not take investments into this fund VIA Ped. we will only work with EFD incoming.

Long term a shop booth is possible. but we already have my front window at my shop to work with!!

Originally Posted by TylerDurden

I think I missed the joke... Doesn't the EF bank already give you 1% EFD per month?

[edit] Duh! I blinked and had mistaken PED for EFD when you where talking about auctioning off... and all that other stuff. Sorry

We will convert all EFD over 500k to Ped. All profits from items purchased with this ped will go back into the EFD Growth Fund Container.

Originally Posted by DrFeelGood

Putting in all my efd.

(6741)

Processing.. and +rep.. - ; )

[cheeky monkey]

Originally Posted by Nihilist

EFD not Ped.. the EFD will be converted to ped in the most efficient way using the efd auction section. I will not take investments into this fund VIA Ped. we will only work with EFD incoming.

Nihilist, I did not mean PED as investments. I understand it to be EFDs. But the EFDs are converted to PEDs (as you say above) via the EFD auctions. From what I have seen in the EFD auction thread, the standard rate is ~260-300 EFDs for 1 PED. Thats how I arrived at the 16-18 PED/month (actually, its 16-19, my bad)

I hope it works. As I said, its a good idea.

[alh]

Hey, why not.

I invest my life savings too, 9310 EFD.

May the fund grow!

[Psionic22]

how do you make the investment just by donating you the efd?

[Nihilist]

Originally Posted by cheeky monkey

Nihilist, I did not mean PED as investments. I understand it to be EFDs. But the EFDs are converted to PEDs (as you say above) via the EFD auctions. From what I have seen in the EFD auction thread, the standard rate is ~260-300 EFDs for 1 PED. Thats how I arrived at the 16-18 PED/month (actually, its 16-19, my bad)

I hope it works. As I said, its a good idea.

correct. we are working with very small numbers here.

many many small numbers do make large numbers.. given time. and effort.

the more time and effort the more small numbers adding up to larger numbers.

you can cash out your EFD at anytime. or wait till the EFD Growth Fund Produces enough ped to make it more worthwhile to withdraw via in game ped.

UPDATES WILL BE DONE WHEN I RETURN FROM LUNCH!

[Jeffe]

sounds cool, im in for 3k.
-Jeffe

[Psionic22]

im in for 10k efd

[alh]

Originally Posted by Psionic22

how do you make the investment just by donating you the efd?

yepp, toshort

[TylerDurden]

I only have 300.95 EFD... It's not much but you can have it

The fund sounds cool so I wanna be apart of the in crowed