Favorite team:LSU 
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Occupation:Entrepreneur/Inestor/Business Owner
Number of Posts:285
Registered on:6/22/2006
Online Status:Not Online

Recent Posts

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re: Self Directed IRA Custodian?

Posted by player711 on 9/28/18 at 9:00 pm
I use Provident Trust. They are very good. There are tons out there. Strata Trust, Quest, New Direction, IRA Services.. Good luck....

re: What to do with $250K

Posted by player711 on 9/28/18 at 6:51 am
your right man. I’m trying to sell him insurance...??...

re: What to do with $250K

Posted by player711 on 9/25/18 at 6:58 pm
Wow- I get what you’re saying, but to base 1 Private companyand then compare it to the Stanford Group.....??. Just stay where you are at man. Also, the other link on private investment fund is totally off. I get what you’re saying to, but the article is very narrow and misses the boat on coverin...

re: What to do with $250K

Posted by player711 on 9/25/18 at 6:53 pm
No offense-I’ve been doing this for 10 years. It’s real deal. If you’ve never heard of it-great, but don’t judge it into you are educated. If not, all you can rely on is hear say, ignorance, and what you know/don’t know.???...

re: What to do with $250K

Posted by player711 on 9/23/18 at 10:46 pm
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, Distres...

re: Investment Strategy for 50 year-old

Posted by player711 on 9/19/18 at 10:05 pm
We are taught risk equals reward, but that Is not true. There are things out there that are low risk and can be above average growth. However, if the money is after-tax, he may want to put it in something that to where he can get an income every month to help them pay down any debt liabilities or he...

re: What to do with $250K

Posted by player711 on 9/19/18 at 10:03 pm
It’s where I invest. I don’t manage this Fund. The fund pays 10%. ...

re: What to do with $250K

Posted by player711 on 9/18/18 at 10:19 pm
Just curious-why are you asking people on a website who are not Financial professionals? Have you had bad experiences w/the market? Financial professionals, etc?...

re: What to do with $250K

Posted by player711 on 9/18/18 at 10:18 pm
You are very ignorant. Where do you invest? Before you judge a book by its cover-think before you speak.....

re: What to do with $250K

Posted by player711 on 9/17/18 at 10:20 pm
Why don’t you use your assets ($250k) or others to get an income stream to pay down debt. Or just use it to get more income? For education-google The Garmax Group. They run a diversified debt fund that pays a fixed interest rate to people that lend money to them. It is a cash flow model. Yes-I k...

re: What to do with $250K

Posted by player711 on 9/17/18 at 10:15 pm
I’m going to sound like a sales person, but so be it... There are alternatives besides CDs, Annuities, and Bonds. Mainly it is with alternative Asset Backed Lending strategies, Real Estate Funds that are secured by collateral or life settlements . It can be used for cash flow/income or for growt...

Quentin Skinner 2019 Recruit

Posted by player711 on 9/17/18 at 10:10 pm
Does anyone know anything about him? It says he’s an offensive lineman, but is 6’ 0-245 and has 2 offers. Maybe they’ve mistyped his height and weight and missed the 15 other offers he has?...

re: 80 years old - 100k

Posted by player711 on 7/4/18 at 12:50 am
Visit www.garmaxgroup.com. Not saying she should do this, but the risk level is similar to that of a bond, but interest is obviously higher. Just MO.....
I think it’s a great strategy if the policy is structured that way. Every other person who says differently, doesn’t know this strategy. This may be the best financial strategy out there. Now, you can earn a higher return doing something else, but the whole premise (as you mentioned) goes back to co...

Check out this tax program

Posted by player711 on 5/25/18 at 10:16 pm
www.aretescholars.org...

re: Tomorrow could be a rough one

Posted by player711 on 2/10/18 at 9:18 pm
Yes, 10,000 people retire daily. Look it up. I also didn’t say someone sells all of their stocks. However, allocating their money out of stocks or equity funds ( no question) is happening every day. This is pure economics. ...

re: Tomorrow could be a rough one

Posted by player711 on 2/10/18 at 1:52 pm
The market is due for a huge correction. I believe it will be the largest correct since the Great Depression. There are too many companies buying stock in themselves and artificially inflating their stock price; There are 10,000 baby boomers retiring every day and selling off their shares into bon...

Sterlin Gilbert may be next OC

Posted by player711 on 1/6/18 at 8:25 pm
Would be stoked if he was the new OC......