Quote:
Originally Posted by Varius
Nice way to take it out of context. What you are missing is the fee applies for every wire sent out to you. If we have 500 investors, each getting a wire every month (their interest payment), that's $15,000 in fees per month to Sky Group.
Thanks for trying though.
|
This is getting funny.. so by your math 500 x 50K is $2.5 million dollars. To cover the fees you would only need to make at least 7.2% per annum (0.6% per month) to cover the fees EVERY MONTH. So with 500 investors, your still making 2.8% - 4.8% by your claim per annum, which works out to $70,000 to $120,000 per year or $5,833.33 to $10,000 per month. I'd say thats a pretty comfortable living..
I'd rather "invest" my money in a real brokerage instead of these fly by night operations. If I want to donate, i'll call you... don't hold your breath though.