[quote=NeetaT] There is nothing wrong with this investment. It is a user friendly form of hard-money lending. They lend at 15%-20% to people who have collateral worth 125% of the loan and pay the investor 12%. I did this for one year with a firm located in the US. It was scary at first, but it turned out well. Maybe I was playing roulette and didn’t know it.
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NeetaT, you scare me. You are risk-averse, but do things like this. It seems you are only comfortable taking high levels of risk when:
1. The promised rewards are high – high enough that common sense tells us there has to be high risk
2. The actual risks are concealed from you
I sure hope you don’t end up losing most of your money one day.
