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Email this5:03 pm
November 8, 2009
Offline
So i was poking around the net and I see this company basically offering 8% return on a cash investment over a period of years. They are using the collateral of business equipment to guarantee your money.
Has anyone seen this?
$75,000 - 4 Year return (48month) - 8%
Option A1 - Monthly payments of $1,812.50 (48months)
Option A2 - $7,500 at the end of years 1 and 2, and then 24 monthly payments of $3,234.60 (48months)
B) $75,000 - 5 Year return (60month) - 8%
Option B3 - Monthly payments of $1,500.00 (60months)
Option B4 - $10,000 at the end of years 1, 2 and 3. Then 24 monthly payments of $2,790.65 (60months)
C) $75,000 - 7 Year return (84month) - 8.75%
Option C5 - Monthly payments of $1,166.30 (84months)
Option C6 - $10,000 at the end of years 1, 2 and 3. Then 48 monthly payments of $1,560.77 (84months)
D) $100,000 - 4 Year return (48month) - 8%
Option D7 - Monthly payments of $2,416.67 (48months)
Option D8 - $8,000 at the end of year 1, Then 36 monthly payments of $3,111.11 (48months)
E) $100,000 - 5 Year return (60month) - 8.5%
Option E9 - Monthly payments of $2,020.83 (60months)
Option E10 - $8,500 at the end of years 1, 2. Then 36 monthly payments of $3,131.94 (60months)
Option E11 - $15,000 at the end of years 1 and 2. Then 36 monthly payments of $2,707.49 (60months)
5:16 pm
Sounds exotic and complicated.. Something I'd tend to avoid.. Don't leave any stone untouched if you decide to invest in something like that..
11:15 am
These are not new investment instruments. In fact, this is commercial paper or Asset Backed Commercial Paper (ABCP) --- the type that froze-up in 2007 with many Canadian's being hit with significant losses.
What is old is new again and just understand the risk before investing. They are not a guarantee, they can become illiquid and the higher return is based simply on the higher risk you will assume.
9:20 pm
December 23, 2011
Offline
kilarney said
So i was poking around the net and I see this company basically offering 8% return on a cash investment over a period of years. They are using the collateral of business equipment to guarantee your money.
Has anyone seen this?$75,000 - 4 Year return (48month) - 8%
Option A1 - Monthly payments of $1,812.50 (48months)
Option A2 - $7,500 at the end of years 1 and 2, and then 24 monthly payments of $3,234.60 (48months)B) $75,000 - 5 Year return (60month) - 8%
Option B3 - Monthly payments of $1,500.00 (60months)
Option B4 - $10,000 at the end of years 1, 2 and 3. Then 24 monthly payments of $2,790.65 (60months)C) $75,000 - 7 Year return (84month) - 8.75%
Option C5 - Monthly payments of $1,166.30 (84months)
Option C6 - $10,000 at the end of years 1, 2 and 3. Then 48 monthly payments of $1,560.77 (84months)D) $100,000 - 4 Year return (48month) - 8%
Option D7 - Monthly payments of $2,416.67 (48months)
Option D8 - $8,000 at the end of year 1, Then 36 monthly payments of $3,111.11 (48months)E) $100,000 - 5 Year return (60month) - 8.5%
Option E9 - Monthly payments of $2,020.83 (60months)
Option E10 - $8,500 at the end of years 1, 2. Then 36 monthly payments of $3,131.94 (60months)
Option E11 - $15,000 at the end of years 1 and 2. Then 36 monthly payments of $2,707.49 (60months)
You know what they say...If something sounds too good to be true it is probably false.....I would stay away.
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