Benched Contractors Fund Benched Contractors Fund
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  1. #1

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    milanbenes 's job has never been outsourced


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    Default Benched Contractors Fund

    hey you lot,

    what about you all pay into a 'benched contractor's fund' and if I'm ever on the rock n roll I'll draw down from it

    obviously, the amount one draws will be relative to the amount on has paid in

    perhaps, considering the number of potentially interested parties, somebody, PCG or someone could productise this ?

    could be a runner


    Milan.

  2. #2

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    cojak is a fount of knowledge

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    Quote Originally Posted by milanbenes View Post
    hey you lot,

    what about you all pay into a 'benched contractor's fund' and if I'm ever on the rock n roll I'll draw down from it

    obviously, the amount one draws will be relative to the amount on has paid in

    perhaps, considering the number of potentially interested parties, somebody, PCG or someone could productise this ?

    could be a runner


    Milan.

    Err - isn't this called a 'bank account'?

    Or am I missing something here?

  3. #3

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    NeverBeenNorthOfTheM25 has no reputation


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    Quote Originally Posted by cojak View Post
    Err - isn't this called a 'bank account'?

    Or am I missing something here?
    Err ....... whs

  4. #4

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    not quite luv,

    cos, in a bank account wot u put in u take out

    with this, the idea would be, with the following assumptions


    #1, not all contributors will be drawing at the same time

    #2, therefore, the amount contributed could be less than the amount drawn


    have a think about it luv while you put the kettle on ta :-)

    Milan.

  5. #5

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    Quote Originally Posted by cojak View Post
    Err - isn't this called a 'bank account'?

    Or am I missing something here?
    Yes, it's that it's called "milan's bank account"

    The difference is subtle but oh so important. Think Northern Rock

  6. #6

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    PL,

    nice coat that jacket

    lol

    Milan.

  7. #7

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    Quote Originally Posted by milanbenes View Post
    hey you lot,

    what about you all pay into a 'benched contractor's fund' and if I'm ever on the rock n roll I'll draw down from it

    obviously, the amount one draws will be relative to the amount on has paid in

    perhaps, considering the number of potentially interested parties, somebody, PCG or someone could productise this ?

    could be a runner


    Milan.
    A sort of shared Warchest...... Mmmmmmmmm???

    Quote Originally Posted by milanbenes View Post
    obviously, the amount one draws will be relative to the amount on has paid in
    Oh so a sort of individual Warchest.... with additional overheads and risk..... Mmmmmmmmmmmm???

    Quote Originally Posted by milanbenes View Post
    could be a runner
    I am all for it...... You send your money to me and I will sort it out for you...
    Lets say £1000 p/w plus a measly 10% Admin fee.....

    If you ever need it I will pay out £900 p/w less a measly 10% Admin fee...

    I think a token £500 joining fee should be adequate....

  8. #8

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    Quote Originally Posted by Pondlife View Post
    Yes, it's that it's called "milan's bank account"

    The difference is subtle but oh so important. Think Northern Rock
    Ah! All is made clear..

    <taps nose>

  9. #9

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    alright alright joking aside,

    basically a shared warchest

    everybody puts in a small regular amount, and when they are on the bench they can draw a larger amount from the warchest

    don't the armed forces have this kind of thing


    obviously it is a pyramid and the success of which depends of more people paying in than drawing down

    it could be interesting



    Milan.

  10. #10

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    Not for me, ta.

    My warchest is enough for me, but not enough for others...

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