Half a croissant, on a plate, with a sign in front of it saying '50c'
h a l f b a k e r y
My hatstand runneth over

idea: add, search, annotate, link, view, overview, recent, by name, random

meta: news, help, about, links, report a problem

account: browse anonymously, or get an account and write.

user:
pass:
register,


       

Please log in.
Before you can vote, you need to register. Please log in or create an account.

Chinese mutual fund phones/ATMs with charity option

 IF ATMs or phones that Chinese people use to do banking had a "deposit to index fund" category I think they would invest more; improving this would be a donate to charity option
 
(0) 		  [vote for,
against]

I read that Chinese people are strong savers, and it is my impression they would like to make money.

Index funds are a type of fund that is said to outperform 3 out of 4 analysts. Many people in the US have started switching to index funds.

I think a bank in China that simply had a app menu item that said "deposit in index fund" would gather lots of clients.

Improving on that, there could also be a "give to charity" menu item at ATMs and phones causing convenience of giving, quite possibly benefitting millions of Chinese.

—beanangel, Jan 04 2018

[link]






       I'm not sure China is the right place to launch this. Biggest fucking wall in the world, not a single ATM on it.
—MaxwellBuchanan, Jan 04 2018
   

       I think you'll find with the way inflation and economics in China work most people like physical assets preferably in a different country so the government can't take it.
—dev45, Jan 08 2018
   

       I think you'll find with the way inflation and economics in China work most people like physical assets preferably in a different country so the government can't take it.
—dev45, Jan 08 2018
   
      
[annotate]
   


 

back: main index
business  computer  culture  fashion  food  halfbakery  home  other  product  public  science  sport  vehicle