X-Message-Number: 20598 From: Date: Thu, 12 Dec 2002 12:55:42 EST Subject: Pay for cryonics --part1_159.18d6a4a6.2b2a279e_boundary Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit Four years ago my flat in Paris was destroyed by a fire in the building. I see only now the end of the problem. Its walue today is in the $ 60 000 range, up to 50 percent from 4 years ago. I know life insurance and stock market are the choice for cryonics, but real estate seems far mare secure and valuable. John de Rivaz and some other have argued that technology shares are THE way to go (they must have the best growth rate on the long term and can be sold at any time). The problem is that if you have bought them 3 years ago and want to sell them now there is a big problem. In France wa have the so called Societe Civile Immobiliere, a way to buy a real estate properties with shares. Usually you can't sell them back as swiftly than a stock market share, but that could be solved with a special fund. For example, I could contribute now up to $ 10 000 to such a fund. If half a dozen people could do that, the fund would work. How that would work? Assume someone want to sign up. That person would buy shares for $45 000 using a loan for example. Earning from the real estate property would pay for debt, an insurance would cover the premature death risk. When the sum must be used, the fund would buy back the shares at a lower price, may be $ 40 000. In the comming months the fund would sell back the share at the initial price. A fund provider would so give $ 10 000 a day and get back $11 000 some months later, a good interest rate. The share buyer would loss nothing as most if not all of the sum would come from real estate earnings. Ideas? comments? Yvan Bozzonetti. --part1_159.18d6a4a6.2b2a279e_boundary Content-Type: text/html; charset="US-ASCII" [ AUTOMATICALLY SKIPPING HTML ENCODING! ] Rate This Message: http://www.cryonet.org/cgi-bin/rate.cgi?msg=20598