GoFuckYourself.com - Adult Webmaster Forum - View Single Post - Do you invest some of the money you make? if so, what do you invest it on?

Adraco · 02-03-2010, 08:06 AM

I make personal loans. People who for some reason can't loan money from a bank can take personal loans from me. The return is decent and somewhat predictable over the years. A little depending on the person, say that I charge around 20% interest rate on a yearly basis, about the same as a credit card. I count on loosing about 10% in defaults leaving me with around 10%. So far my average loss level is at 4.92% over the last five years, leaving an average of 15.02% profit over the last five years. And I have happy, returning cutomers too.

02-03-2010, 08:06 AM
Adraco Confirmed User Industry Role: Join Date: May 2009 Location: Onboard an airplane around the globe Posts: 3,735	I make personal loans. People who for some reason can't loan money from a bank can take personal loans from me. The return is decent and somewhat predictable over the years. A little depending on the person, say that I charge around 20% interest rate on a yearly basis, about the same as a credit card. I count on loosing about 10% in defaults leaving me with around 10%. So far my average loss level is at 4.92% over the last five years, leaving an average of 15.02% profit over the last five years. And I have happy, returning cutomers too. __________________ ---------------------------------------------------------------------------------- The truth is not affected by the beliefs, or doubts, of the majority.