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Will those who buy into it, make money?
Sorry this is a pet peeve of mine people starting a thread asking for an opinion assuming we know what the subject matter is all about i have no idea what this northfield thing is please tell us what its about and then we can offer our opinions.
I think you should invest your life savings, and take out a 2nd mortgage on your home to invest as much as possible in this. You can make millions!
Oh, what’s that? You can lose it also? Nobody can predict the stock market? Wow, thanks for telling me!
Its not hard to understand i would have understood it if your post had said it but it didnt.
Independence went from a community trust to public company. Is this the same?
Medium Size Shadchan: Lots of people also invested in Facebook when it went public. They did regret it.
In hindsight you can make judgments easily. Looking forward, you never know how things will turn out.
There is always the possibility of making a profit with stocks, especially if the overall economy is good, and the company is well run, and you have lots of skill at analyzing the company (it helps to have “inside knowledge – especially if manage to avoid indictment).
If you want certaintly, but Federal bonds or CDs from insured banks. In both cases you have a more direct issue with ribbis, though if you hold that loaning dollars violates halacha (treating dollars as money rather than as speculative securities since they have no fixed value) you have no business buying bank shares.
If you want a safe investment with a guaranteed return on your investment, give the money to tsadakah and spend the time learning. Next world is above my grade level, but if you are subsequently in need in this world, a good name is better than gold. Asking for help is greatly facilitated if you are known as a Talmud HaHacham who was a Baal Tsadakah, rather than as someone who put all his money into a goyish bank that went belly-up.
It’s not an IPO, it’s a secondary offering. You had the opportunity to buy and own shares of the company already for several years, and I don’t see how this event would change your opinion of the company’s value. Do you understand what will be different after the offering and conversion are completed? There is no “deal” to be had here, it’s just an ordinary chance to be an owner of a very small bank. And if you can’t do your own research, investing is not for you.
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