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re: What to do with $250K
Posted on 9/23/18 at 10:46 pm to Fat Bastard
Posted on 9/23/18 at 10:46 pm to Fat Bastard
Yes it’s a net 10% Annualized Simple Interest. The fund makes a net 50-55% and that’s why they are able to pay 10%. They have a 5 year fund that pays 15%, but I just chose the 3 year fund at 10% per year.
It is an unsecured loan/investment, but it is diversified in Real Estate, Oil and Gas, Distressed Debt, and Business Loans. It has some similarities (with diversification) like a mutual fund.
It is rated as a low risk income/growth investment. I’m a creditor if this company.
There are platforms out there that are like this, but yes some can turn out to be not what you’ve expected -but there are alternatives outside of conventional wisdom that with enough due diligence are considered low risk.
That’s all I’m saying.
It is an unsecured loan/investment, but it is diversified in Real Estate, Oil and Gas, Distressed Debt, and Business Loans. It has some similarities (with diversification) like a mutual fund.
It is rated as a low risk income/growth investment. I’m a creditor if this company.
There are platforms out there that are like this, but yes some can turn out to be not what you’ve expected -but there are alternatives outside of conventional wisdom that with enough due diligence are considered low risk.
That’s all I’m saying.
Posted on 9/24/18 at 12:24 am to player711
quote:
Yes it’s a net 10% Annualized Simple Interest. The fund makes a net 50-55% and that’s why they are able to pay 10%. They have a 5 year fund that pays 15%, but I just chose the 3 year fund at 10% per year.
It is an unsecured loan/investment, but it is diversified in Real Estate, Oil and Gas, Distressed Debt, and Business Loans. It has some similarities (with diversification) like a mutual fund.
It is rated as a low risk income/growth investment. I’m a creditor if this company.
I don't want to offend you, but all of this sounds sketchy and ponzi-ish as frick. With all due respect.
Posted on 9/24/18 at 7:51 am to player711
quote:
Yes it’s a net 10% Annualized Simple Interest
Hard to imagine you get 10% with low risk. I could be wrong though.
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