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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (50190)5/14/2013 11:08:35 AM
From: Fintas1 Recommendation  Read Replies (1) | Respond to of 219361
 
Yup P2P is peer to peer. It can be done in many ways. As for they are NOT the same risk category as Cd's. Spoken like some regulator or money manager which I know you are not. So it's your belief. Truth is it depends on who one is involved re the P2P. If Adleson wanted to do a P2P with you would you feel comfortable or at risk?

On aside ol Buffet gave a great ex of how to outperform cd's etc with his deals with GS as he got 10% for his 5 billion, 10% with GE and 3 billion and his recent 6% with BAC. It helps one to see that there are those with money to lend and those who will pay.

Buffet knew there was NO risk. GE/MS/BAC also understood the wonder of having access to that cash.

Let's look at what GE did.. took 3B paid near 1B over 3 years or 300 M a year and watched their equity increased near 180 BILLION for the cost of that 1B. BRILLIANT. And Buffet. SAD that he had to take back his money to try to find where to outperform. BAC and an increas of near 60 billion market cap for a cost of 300m and warrants. Another brilliant move by a CEO. And Buffet he got 6%. NOT as good as the 10%.

I piped in for you could have been getting 6-10% from someone instead of the lower numbers. And done without risk if you wanted. I realize that's NOT your profile. However I like to present things to help others see outside the box.

I'm sure you do very well LT. Cd's are no bargain re % or risk. You should consider taking some of those millions you put in fixed and lending to others. Just playing with you.

Fintas