|
We use to take on investors years ago in a similar fashion by setting up a promissary note with return on investment. We would allow them to rollover the investment at year end or pay out a lump sum. Other ideas we did was to pay the monthly interest out and retain the face value of the investment. This encouraged larger sums of money to be invested.
In regards to babying a complete newbie into the industry to spend his 10 grand, well you seem to have your ducks in a row - not worth the time.
|