So you have won $150k – what’s next

[arbboy]

Thats true mikey but some of us work harder than others and sum up risk better

+1 the harder you work the luckier you get.  

[mikeymike]

Working hard is a good ethic - though it is not a guarantee of success -

The three most thickest, stupid, idiotic and dumb people that i have know so far in my life, have a combined wealth of over a £1 billion, one of them made his vast fortune from investing £4,000 twenty five years ago.

I can call them the names because i have said it to them directly, none of the three are very happy, yes they can buy what they want and do what they want.

But they have lost most of their mates and now have to mix in different circles.

My mate down the road is a plasterer, never going to be rich, but he is one of the happiest blokes i know.

Even people i know that were born into money - they tend to handle money better than those who have made it but there not all happy.

To my knowledge you only get 1 shot at life so i find its best to chill, we are all dealt a hand in life and you just got to let it play out.

Final thing - my other mate who is a chippy also day trades from his ipad, in less than 2 years he has made enough money to pay of his house, he has had a good run and will no doubt take a hit sooner or later but he started off with 10k - and is now mortgage free.

[typhoon13]

"ps i am not going to say anymore on the matter will just stand back and let the ego warriors criticise"

It's not about ego warriors.  We are merely pointing out that the risk/reward profile you are claiming is impossible.  It's either a scam, or more likely it's genuine but you don't understand the risk profile you have.  20% return makes sense if you have shorted options for example and the premiums are being paid into your bank account.  There have been plenty of packages dreamed up by financial advisors to this effect over the years.  It can be bundled so it's not obvious that you're on the other side of someone elses call option.  Your investment might be effectively being used as margin against your short position and the "interest" you are receiving is the option premium.  When they say your money is in trust, that might technically be true, because the FCA rules dictate that your money must be a segregated account until the option MTM moves against you at which point it can be taken.  I'd advise you to read the small print of your documentation.

Dung

I have been a self employed commodities trader for 36 years

Please don't lecture me on markets, futures, options, puts, calls, margins i live and sleep them for fun

Sell employed commodities trader?  As in punting at home in front of the PC?

You seem to think you can bank 20% pa with your cash held protected in trust risk free.  You might be a good commodities trader for all I know but I can only conclude in this instance that you don't understand the risk profile of your investment.

Think of it from the other side.  Why on earth would they borrow your money when they can't use it and pay you 20%?  

dear oh dear oh dear

Punting in front of my PC

If only you knew Mr Dung

Good luck with whatever you do Dung
Good luck with whatever you do

I'll try again - why would a company pay you 20% return, if they have to put your investment in a segregated trust that they can't utilise?

Last answer then throwing the towel in

Come talk to me when our paths cross on the poker circuit sometime and i will explain, not doing it publicly

E.C.B. Dictate that all banks must have a cash balance on their balance sheets of minimum 5% maximum 7% by 2019

The majors need cash or shall i phrase that cash they can say is theirs!!


Dung i might even let you sit in front of my PC and have a play

[DungBeetle]

Yes that's a valid reason for banks to want cash, but not corporates.  However, that doesn't explain why they would pay 20% for cash they need to segregate when they can borrow at Libor and get unencumbered cash.  If they put their current account rates up to 5% they would be flooded with depositors' cash, without the need for segregation and at a quarter of the cost they pay you.

Anyhow - you don't want to talk about the structure in public so I'll leave it.

[mikeymike]

Never throw in the towel -

Take out the animosity and just explain it as their are people on here that are interested.

I would like to point out that when Warren Buffett started out there were a lot of sceptics  who said that he could not continue to return an average 15% year on year plus grow the share price.

Ask anybody who brought a Berkshire Hathaway share if there unhappy you would struggle to find one.

They believed in there man

[typhoon13]

Heres a company going places, estimated annual return 8%

Easy to get involved here and supposedly the key to the future

DYOR

Background and Investment Objective
 
·         P2P Global Investments PLC is the first UK listed company dedicated to investing in Credit Assets originated via online lending platforms globally.
·         The Company’s investment objective is to provide shareholders with an attractive level of dividend income and capital growth through exposure to investments in alternative finance and related instruments. These may include, directly and indirectly, exposure to consumer and SME loans and corporate trade receivables that have been originated through online peer-to-peer (P2P) platforms in the UK, US and Europe.
·         P2PGI will typically seek to invest in P2P loans with targeted annualised returns of 5-15% (net) across multiple P2P platforms, asset classes, geographies and credit risk bands in order to achieve portfolio diversification and mitigate concentration risks.
·         The Company may also seek to invest in equity stakes in P2P platforms themselves via direct equity investments or through the acquisition of warrants or other convertible securities.
 
 
Investment Highlights
 
·         1st UK listed permanent capital fund dedicated to P2P/direct lending
·         Multiple agreements with leading P2P platforms
·         Specialist investment management team
·         IPO proceeds fully invested by end January (9 months from launch)
·         85%+ of net income distributed as a dividend
·         UK Investment trust tax treatment
·         Investment Manager – Marshall Wace LLP
·         Sub Manager – Eaglewood Capital LLC
 

[GreekStein]

ps i am not going to say anymore on the matter will just stand back and let the ego warriors criticise

[ x ] fail

[typhoon13]

ps i am not going to say anymore on the matter will just stand back and let the ego warriors criticise

[ x ] fail

Sorry Miss

[mikeymike]

Never invest in something you don't understand, always get professional advice, but don't always take it, if your not prepared to lose it don't invest.

Even the big boys get it wrong.

Northern Rock
Rover
Woolworths

I could go on