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
Why did I think of that?

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,


       

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


Please log in.
If you're not logged in, you can see what this page looks like, but you will not be able to add anything.



Annotation:







       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
   


 

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