20% above cash guaranteed: Would you invest?

[Ageo]

TH could put in $20 of his own money for each $100 an investor puts in and lock this up, but then what is the point of that. We all gain at TH's expense ..........

Think of it as TH putting down 20% deposit for an 80% loan, but the only difference is instead of putting up capital for security he just puts his ego on the line hehe.

P.S TH i love the confident arrogance in you (and thats not meant to be insulting).

 

[gooner]

TH as long as we meet for coffee and i know where to find you incase the deal went sour i would have no problem with 20%.

Ageo

Or should I call you Mick Gatto?

 

[Mr J]

TH is saying 20% guaranteed. I am not aware of any product that offers 20% guaranteed and has actually turned out to be genuine.

And how many of these products are offered by very small, high volume, high performance funds? None I assume. If we are to assume TH is a great trader as the forum consensus suggests (and he certainly appears very good to me), then performance is simply not an issue.

The issue is trust - whether TH will skip with the money, or whether he might crack and go bust making silly trades. The first is pretty unlikely I would imagine, since he should be able to make far more from than deal than he would running off with the cash. The second, who knows. TH seems like he would be quite stable, but he wouldn't be the first trader to lose the plot :.

 

[Krusty the Klown]

The issue tech/a mentioned is valid, running a business is usually a drag on individual performance, which could hamper results, but if TH gets other traders on board, then that should alleviate that issue.

The point about relationships is key, people constantly distracting you, questioning every little thing, whinging, having a crisis, staff don't turn up, come to work drunk or hungover, had a fight with the other half, the dog is sick, the kid is sick, are they stealing, the car broke down, employee X called employee Y a moron and they can't work together.......

Getting the numbers in the black is usually the easy part, managing the people is the headache inducer.

 

[Trembling Hand]

Has to be the offer of a Carton of Coopers when you cant get a drink in Melbourne.

Interesting exercise.
There are many who find themselves in the situation our hypothetical genius finds themselves.
Hedge Funds
Managed Funds
Bucket shops
Black Box methods
Grey Box methods.
Seminars
Training camps
Software.

There is a great deal of entrepreneurial business being offered in this industry.
get it right and You'll make far more than any trading will give you with less risk,and a better consistency.

But you cross a line from Trader and skills in trading to Business and Business skill. Amazing trader doesnt necessarily equate to amazing business operator.

My Daughters Boyfriend ---an excellent cabinet maker came to me all eager and wide eyed.
"Im going into my own business"
"Great what do yo know about it?"
"Everything I need to I've built most everything"
"Yeh but never a business".

Trading entrepeneurship is NO DIFFERENT.

The smart ones will realise that Building relationships is the key to building a strong business foundation.

Clearly Tech/a has NOTHING to sell now or in the future!!

By the way the using your own account method has been and is being done right now!
Not a duplicate of what your suggesting but a variant.

Yes tech I agree a good tradesman is not normally the best owner of a biz. But if I did do this it would actually be the first time I have started a biz out of the 10 or so I have started that I was first a good tradie. I'm not new to running/growing such endeavors.

As tech said, Why? go down this path? If company is needed then open up an internet cafe and work from there, it doesn't matter if it makes no money. Same for thousand other things.

How much is enough?? Do you have plans to spend vast amounts, do you want/have a need, to be in the next 'Market Wizards' book??

Ha ha. No brty I'm not wanting to be the next wiz. I will not be the next wiz . But I have come to this idea in a way from dismissing the idea of buying back into a biz. If I have to be around to mop the floors of a biz because the cleaners wife has ran off with the book keepers husband I better be there because I want to be there. Not because its a nice idea.

TH is saying 20% guaranteed. I am not aware of any product that offers 20% guaranteed and has actually turned out to be genuine. Of course, TH could put in $20 of his own money for each $100 an investor puts in and lock this up, but then what is the point of that. We all gain at TH's expense ..........

No get one of your tricky spread sheet thingo's out and look what I have to put up AFTER the first year, assuming I make profit.

The issue tech/a mentioned is valid, running a business is usually a drag on individual performance, which could hamper results, but if TH gets other traders on board, then that should alleviate that issue.

The point about relationships is key, people constantly distracting you, questioning every little thing, whinging, having a crisis, staff don't turn up, come to work drunk or hungover, had a fight with the other half, the dog is sick, the kid is sick, are they stealing, the car broke down, employee X called employee Y a moron and they can't work together.......

Getting the numbers in the black is usually the easy part, managing the people is the headache inducer.

Yep I know exactly what ya on about. Oh the head aches, I think I feel one coming now.

 

[gooner]

No get one of your tricky spread sheet thingo's out and look what I have to put up AFTER the first year, assuming I make profit.
(

"assuming I make a profit" There you go, never assume anything. If the guarantee is based on this assumption, it is not exactly a AA rated guarantee.

 

[Trembling Hand]

"assuming I make a profit" There you go, never assume anything. If the guarantee is based on this assumption, it is not exactly a AA rated guarantee.

Gooner at the start of each year/period the money is already held in a bond of some sort to cover the guarantee. IF I don't make it the "investor" gets paid from the bond money. I close down. every laughs at me. life goes on.

What bit about that is not a guarantee??

After we get over this then tell me what my second year looks like?

 

[gooner]

Gooner at the start of each year/period the money is already held in a bond of some sort to cover the guarantee. IF I don't make it the "investor" gets paid from the bond money. I close down. every laughs at me. life goes on.

What bit about that is not a guarantee??

After we get over this then tell me what my second year looks like?

You are guaranteeing 20% - what bond pays 20%? BNB perhaps?

 

[mazzatelli]

You are guaranteeing 20% - what bond pays 20%? BNB perhaps?

I interpreted that as 20% kept in bonds, not invest in bonds that pay 20%

 

[kincella]

I am guessing it is drug money....I have no idea of the profits made from drugs, but guessing it must be substantial....
a commercial property can return 20%....and if one is to believe the next armegeddon will be in commercial property, then you would be better off buying a good commercial property and holding it for many years....

 

[Krusty the Klown]

Yep I know exactly what ya on about. Oh the head aches, I think I feel one coming now.

LOL, if you go ahead with the venture, make sure you keep that sense of humour!

You're gunna need it!!

 

[Trembling Hand]

You are guaranteeing 20% - what bond pays 20%? BNB perhaps?

FFS!! Are you serious??

Let me start ALL over again.

The hypothetical situation is as follows,

The offer is a guaranteed 20% + AUD Australian Dollar LIBOR (based on brokers overnight cash holding amounts) see here,

the LIBOR rate is in the bag as every account is in cash overnight and gets that. OK? cash rate taken care of.

The guarantee comes from MY funds put into escrow to cover the investor from two things. 1. I don't make over 20% from the investor funds. 2. I lose money and hit a 20% DD. Account closed investor gets my money. Simple investor win, I'm the fool.

The guarantee is for every $100 an investor puts in I lock away $40 in an escrow account satisfactorily to a bean counters wildest AA satisfaction under the best Ambulance Chasers 40 page contract protecting the investor.

First year for me I gain little. BUT please dudes what does it look like for me year 2 year 3 etc????

Compounding OPM.
Correctly capitalising a big biz.

 

[stocksontheblock]

Arent these 'to good to be true' investments called a Ponzi Scheme?

 

[Sean K]

I interpreted that as 20% kept in bonds, not invest in bonds that pay 20%

I love your new avatar. Please post that to Lima, care of kennas. Cheers.

 

[stocksontheblock]

FFS!! Are you serious??

Let me start ALL over again.

The hypothetical situation is as follows,

The offer is a guaranteed 20% + AUD Australian Dollar LIBOR (based on brokers overnight cash holding amounts) see here,

the LIBOR rate is in the bag as every account is in cash overnight and gets that. OK? cash rate taken care of.

The guarantee comes from MY funds put into escrow to cover the investor from two things. 1. I don't make over 20% from the investor funds. 2. I lose money and hit a 20% DD. Account closed investor gets my money. Simple investor win, I'm the fool.

The guarantee is for every $100 an investor puts in I lock away $40 in an escrow account satisfactorily to a bean counters wildest AA satisfaction under the best Ambulance Chasers 40 page contract protecting the investor.

First year for me I gain little. BUT please dudes what does it look like for me year 2 year 3 etc????

Compounding OPM.
Correctly capitalising a big biz.

Does/would this work irrespective of any market conditions?

 

[Trembling Hand]

Does/would this work irrespective of any market conditions?

Who cares mate. She's just a big friggin Ponzi.

But just keep that between you and me

 

[stocksontheblock]

Who cares mate. She's just a big friggin Ponzi.

But just keep that between you and me

Done, if I can be first in and first out then you have my money :

 

[Krusty the Klown]

FFS!! Are you serious??

Let me start ALL over again.

Arent these 'to good to be true' investments called a Ponzi Scheme?

Does/would this work irrespective of any market conditions?

How's that sense of humour going TH?

 

[kincella]

please show evidence of exactly how you can beat all the other investments out there....then secondly why would you want to share the profits...
if your scheme is so good...where is the proof....
and why would you be any different to say Bernie Maddoff...or Storm...or any of the others, who promised similar returns ...wink wink, nudge nudge
why dont you borrow the money and make your plus 20% returns....
oh and I can see ample evidence just on this thread, of how people would rush into these sorts of schemes....

 

[Trembling Hand]

How's that sense of humour going TH?

Krusty the funny thing is I'm not trading the last two days because I'm meant to be doing all my tax for the accountant to get by end of today. I'm off on a little holiday tomorrow.

But I've started this mess. Whats that thing about 1st things 1st and taking care of biz