Collecting/Pooling Investments

[Nowler]

Ok... this isn't a well thought out notion really, so please bear with me.

Theoretically speaking, if I wanted to gather up and pool together money from friends and family (and other willing parties) with the intention of investing it to make a cut of any profits... what legal barriers would I encounter?

I am currently residing in the UK, but I'm asking this question in terms of UK and EU laws.

Thanks

 

[Sonicscooter]

https://www.telegraph.co.uk/investing/funds/could-fund-manager-next-door/

 

[Nowler]

Sweet!
Thanks buddy!

Anyone got any spare change? Hahah

 

[Nowler]

I wonder how this would work if I had investors from the EU...

Something for me to read into for a while I guess.
I know so many people letting inflation eat into their savings

 

[Merk Porter]

Pooling your funds with the funds of others is the absolute decision of yours. There will be no basic difference on your return but yes, there can be some emotion war. When we borrow funds from others we can feel some anxieties in the thought of losing money. It is not that if you invest your own funds you won’t feel fear but that will be less than the former case.