High risk investments....? 🤔
Well hello everyone!
The famous @mobile-joat is here with some food for thought....
So ive been doing some thinking and putting the story outline in words has taken a considerable amount of thought... Especially in the recent economic situation... Lord knows whats going to happen but, i for one don't give in so easily. As you all may know i run my own business... an considering what most would call an economic crisis i still see a great deal of lost investment. Im seeing people pull all there stock out of the market Certified Deposits out and all the other investments they have paying considerable penalties to just sit on them! Well ,why not invest in a greater idea! Yeah, like small businesses, real estate, or a working person who doesn't give up so easily in this present situation.
You see most banks are allowed to loan $100 for every $1.00 they have in assets. An every CD is making about 0.018% interest and guys like myself are paying the bank anywhere from 4% - 26% interest plus the payment on a loan... why can't people invest in the local community with a letter of finance and ask for just an interest payment monthly from these businesses an give them a chance to actually succeed? Obviously the right choices should have to be made and our better judgment implied. However,It seems as most businesses are working they all have some sort of line of credit for the rainy day fund. An while most of us are relying on annuities to make bank imagine what the return would be sticking it into a individual who could seriously make your money bank!
I guess maybe i ramble on but, i see so much opportunity get wasted because banks won't finance because they really don't know a person...
**Friends!**
There's hard working people standing in front of you that if you talked with them about their dreams and knew you could put it in their lap... you could literally make the biggest gold strike in history!
Don't forget about the little guy...
Well like i said maybe i ramble but, its food for thought.
Think about it... it may be your answer!
So long friends and don't forget to share and resteam a good post! All likes are appreciated and will be returned.
Thank you!
This is @mobile-joat signing out!
..... Later.
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