„Wealth pools are a new way of handling money and property. They allow us to create new systems for sustainable businesses beyond capitalism.“

We all know about the long history of the unequal distribution of money and its social consequences. Many people with wealth today would really prefer not to continue supporting these dynamics. Within the context of ethical investment, having money can easily involve a “feeling of guilt” - almost a guilty conscience, just because you have money.

The wealth pool is an opportunity to rethink such beliefs. We could also say: „Well, I have money. I can be very useful and helpful with my money. And I don’t have to sink all of it into one project. I can also support a number of projects and see how things develop.“

We are not talking about just people with huge wealth here. Everyone with small amounts of wealth (maybe €10,000 that are not needed immediately), can use it to support another business activity.

Every time a wealth pool is created, 10% of the amount invested remains in a bank account as cash. Contributions flow into this account continuously from users and new deposits. That makes repayments possible at short notice, too.

Once this amount has been exhausted, there are agreed waiting periods for further payouts.

If a project comes to the point where there are not enough new investors to replace those wanting to leave, the property must be sold and will if necessary be auctioned by the trustee. In this case, the trustee, as the representative of all the investors, would enter a mortgage in the land register.

• Anyone placing money in a wealth pool knows what is purchased with the money and can get an idea of the planned project and the people behind it.
• A property that serves basic human needs (housing, food ....) and is located in an area where enough people live to have a need for it is one of the safest assets.
• The repayment of the units is usually secured in terms of value - this is often more than the usual interest on savings accounts at banks (subject to the property value also increasing at least in line with inflation). Alternatively, some projects offer small fixed interest rates as a lump sum/partial compensation for inflation.
• If there are not enough new investors to replace those who want to withdraw, such a property can be sold or, if necessary, auctioned by the trustee on the basis of a mortgage entered for the investors in the land registry.