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re: If you received $500K, how would you invest it?

Posted on 5/16/14 at 9:55 am to
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 5/16/14 at 9:55 am to
These reactions are stellar.

Trillhog is full of shite and this Iowa catdick is dead convinced that small banks can ball harder than national banks.

I've worked on single loans bigger than the entire portfolio of most regional banks. That deal generated a 52% ROE. The party for that closing had 1997 Dom served for the toast.

KISS. MY. arse.

This is why I can't post here. Y'all have fun.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10242 posts
Posted on 5/16/14 at 10:20 am to
Large banks for the win.

Bankers that work at large banks, for their annual salary of $72,000 for the win.

Golfer, just some mudstick, shite kicking Iowa poor boy. Doesn't know anything.

Didn't build that. The bankers built it and met a payroll. Except they didn't. They're employees.

Now I'm sure the bankers on here are nice gutys, and good at what they do. But if they are so friggin smart, why don't they start their own business, and make their own million.

Large banks have their place. They are just so f.... ing smug and arrogant it is almost laughable.

Now quit getting me worked up. It upsets my daily golf game.
Posted by oldschoolgreats
Member since Nov 2012
1902 posts
Posted on 5/16/14 at 10:24 am to
back to my original question. if you can get a $1mil loan with no personal guarantee (1/2 mil down) then i would like to do a few of them. assuming a 2o+% roi, then i could get my 1/2 mil back in roughly 3 years. after that its free sailing, if project does well great, if it ever has trouble then just let it go under.
Posted by trillhog
Elite Membership
Member since Jul 2011
19407 posts
Posted on 5/16/14 at 10:25 am to
"worked on loans"? , meaning you got coffee for someone?

I never said there was anything wrong with a big bank dipshit, i just said for my needs it's way easier to deal with a smaller bank for loans of 1.5 mil or less which is all i ever do anyway.
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