So you have won $150k – what’s next

[lucky_scrote]

I tell the Mrs I've won 100K, stash 50k for gambling/poker pay off the mortgage with the 100k and go a few nice holidays. 

Yeah 100% would tell her indoors the amount was less than it actually was. If she found out she would nag me into buying a bigger house instead of simply paying it off, which nitty old me would insta-do.

Tell her you won $110k but you are going to keep $10k for yourself as a reward. That way she isn't suspicious when you buy something of high value .

Buy her some shoes occasionally to cloud her thoughts and not see through the plan.

[Doobs]

European medium term notes

You need £100k minimum to get involved hence Your $150k winnings

Find a good FA  and i mean GOOD

Obtainable is 20% paid monthly over 10 months direct into your bank with your initial investment placed in a trust which nobody else can touch.

Now i can already hear all the doubters getting ready to have a go at me, save your breath its a fact

As always i am only trying to help

You get 20% over 10 months you are taking quite a lot of risk.  Whether it is a risk of default by the issuer or worse, the risk is definitely there.

If you name the broker and the bond issue paying 20%, it shouldn't take long to work out which it is.

[byronkincaid]

Buy a house with small mortgage and rent it out. Would bring my retirement forward quite a bit, min 5 years.

Buy 3 IMO then and have the capital growth as well bringing your retirement even further forward.

You dont want too much concentration at 57?  Don't get many 2nd chances.  Would use a lot of it to buy a portfolio of high yielding shares.  Should be able to get 5k income with 100k and no need to hope your tennant doesn't do one.  Annuities pretty bad at 57.   

Do uou get a full state pension at 65 or whenever it is?

I think for someone who is not clued up about the stock market (assuming Red Dog isn't) a few income investment trusts, maybe some vanguard equity income and a little bit of woodford might be easier to keep on top of?

[theprawnidentity]

I'd wait.

[The_nun]

Better hookers

Come on, do we have to go down the stereotype that poker players get with hookers?

Well don't have to go down at all. Just leave that to the hookers.

Tom!

We expect better of you, especially at your age & rotundity.

Agree Tony, shocked to the core.

[The_nun]

If I won 150k I'd breath.

[typhoon13]

European medium term notes

You need £100k minimum to get involved hence Your $150k winnings

Find a good FA  and i mean GOOD

Obtainable is 20% paid monthly over 10 months direct into your bank with your initial investment placed in a trust which nobody else can touch.

Now i can already hear all the doubters getting ready to have a go at me, save your breath its a fact

As always i am only trying to help

You get 20% over 10 months you are taking quite a lot of risk.  Whether it is a risk of default by the issuer or worse, the risk is definitely there.

If you name the broker and the bond issue paying 20%, it shouldn't take long to work out which it is.

Sorry Doobs your wrong this time

[typhoon13]

Okay time to answer now

How did i guess you would be the doubter Doobs

Read what i said,  funds held on deposit in a bare trust and cannot be used, risk eliminated

Positions have already been traded, hence the return

Companies involved cannot be disclosed on here for obvious reasons but this one runs to 2019

I also said GOOD FA

Your average and above average FA won't even know about EMTNs and definitely won't have a line into this one

So outlay secure, and after two months you have already beaten the high street by miles

[Doobs]

You aren't ansering anything.  You said that you buy European medium term notes. They are fundamentally the same as any other bond, someone borows some money, they give you coupons and final payments in return.  The yield you get depends on the perceived credit quality of the issuer.  There is nothing that unusual there, and nothing that would mean you can get 20% risk free over 10 months risk free. 

Everyone else in the developed world is crying out for yield, but you can go through some unnamed financial advisor and make chunks buying and sellling these bonds/notes through him.  If you are the middle man, why do people go through you and pay a premium?  There are a whole host of ways I can buy Shell's corporate debt for instance, why would I choose you/your FA?

Why would a triple A corporate be effectively paying 20%+ interest + comissions to go through some back market to raise finance?  There are a whole truckload of institutions happy to pay you 2 or 3% a year for your AA and AAA bonds, and they aren't even risk free.

You have funds in a trust, but you have positions on two trades, who are they with?  Why is the no risk with these trades?  Why do your counterparties always pay when the ones the companies I work for suffer defaults?  What happens if the underlying bond defaults?  Is there any hidden gearing?  Who set up the trust, your advisor or your solicitor?

There are no obvious reasons why you can't name a financial advisor or the firms involved.  There is nothing illegal about buying and selling bonds and notes, and nothing illegal about giving financial advice.  There are also legal ways you can hold them and not pay tax on them.

I don't get it.   

[simonnatur]

Someone should call Warren Buffet about this, in a few years he owns the whole world.

[typhoon13]

You aren't ansering anything.  You said that you buy European medium term notes. They are fundamentally the same as any other bond, someone borows some money, they give you coupons and final payments in return.  The yield you get depends on the perceived credit quality of the issuer.  There is nothing that unusual there, and nothing that would mean you can get 20% risk free over 10 months risk free. 

Everyone else in the developed world is crying out for yield, but you can go through some unnamed financial advisor and make chunks buying and sellling these bonds/notes through him.  If you are the middle man, why do people go through you and pay a premium?  There are a whole host of ways I can buy Shell's corporate debt for instance, why would I choose you/your FA?

Why would a triple A corporate be effectively paying 20%+ interest + comissions to go through some back market to raise finance?  There are a whole truckload of institutions happy to pay you 2 or 3% a year for your AA and AAA bonds, and they aren't even risk free.

You have funds in a trust, but you have positions on two trades, who are they with?  Why is the no risk with these trades?  Why do your counterparties always pay when the ones the companies I work for suffer defaults?  What happens if the underlying bond defaults?  Is there any hidden gearing?  Who set up the trust, your advisor or your solicitor?

There are no obvious reasons why you can't name a financial advisor or the firms involved.  There is nothing illegal about buying and selling bonds and notes, and nothing illegal about giving financial advice.  There are also legal ways you can hold them and not pay tax on them.

I don't get it.   

Yeah you summed it up well

You don't get it

[Doobs]

You aren't ansering anything.  You said that you buy European medium term notes. They are fundamentally the same as any other bond, someone borows some money, they give you coupons and final payments in return.  The yield you get depends on the perceived credit quality of the issuer.  There is nothing that unusual there, and nothing that would mean you can get 20% risk free over 10 months risk free. 

Everyone else in the developed world is crying out for yield, but you can go through some unnamed financial advisor and make chunks buying and sellling these bonds/notes through him.  If you are the middle man, why do people go through you and pay a premium?  There are a whole host of ways I can buy Shell's corporate debt for instance, why would I choose you/your FA?

Why would a triple A corporate be effectively paying 20%+ interest + comissions to go through some back market to raise finance?  There are a whole truckload of institutions happy to pay you 2 or 3% a year for your AA and AAA bonds, and they aren't even risk free.

You have funds in a trust, but you have positions on two trades, who are they with?  Why is the no risk with these trades?  Why do your counterparties always pay when the ones the companies I work for suffer defaults?  What happens if the underlying bond defaults?  Is there any hidden gearing?  Who set up the trust, your advisor or your solicitor?

There are no obvious reasons why you can't name a financial advisor or the firms involved.  There is nothing illegal about buying and selling bonds and notes, and nothing illegal about giving financial advice.  There are also legal ways you can hold them and not pay tax on them.

I don't get it.   

Yeah you summed it up well

You don't get it

https://www.treasurydirect.gov/instit/statreg/fraud/fraud_prime2.pdf

This has the same sort of triggers as a lot of fraud.  It sounds impressive, you have ben asked to keep it secret, it is only available to a select bunch of investors.

Reread what you have, show your paperwork to another advisor, even if you only think it may be a possible fraud, speak to the police.  The police have a website called actionfraud.  The FCA will also have contacts.

Don't get anybody else involved. 

You can pm me if you need help.

[typhoon13]

You aren't ansering anything.  You said that you buy European medium term notes. They are fundamentally the same as any other bond, someone borows some money, they give you coupons and final payments in return.  The yield you get depends on the perceived credit quality of the issuer.  There is nothing that unusual there, and nothing that would mean you can get 20% risk free over 10 months risk free. 

Everyone else in the developed world is crying out for yield, but you can go through some unnamed financial advisor and make chunks buying and sellling these bonds/notes through him.  If you are the middle man, why do people go through you and pay a premium?  There are a whole host of ways I can buy Shell's corporate debt for instance, why would I choose you/your FA?

Why would a triple A corporate be effectively paying 20%+ interest + comissions to go through some back market to raise finance?  There are a whole truckload of institutions happy to pay you 2 or 3% a year for your AA and AAA bonds, and they aren't even risk free.

You have funds in a trust, but you have positions on two trades, who are they with?  Why is the no risk with these trades?  Why do your counterparties always pay when the ones the companies I work for suffer defaults?  What happens if the underlying bond defaults?  Is there any hidden gearing?  Who set up the trust, your advisor or your solicitor?

There are no obvious reasons why you can't name a financial advisor or the firms involved.  There is nothing illegal about buying and selling bonds and notes, and nothing illegal about giving financial advice.  There are also legal ways you can hold them and not pay tax on them.

I don't get it.   

Yeah you summed it up well

You don't get it

https://www.treasurydirect.gov/instit/statreg/fraud/fraud_prime2.pdf

This has the same sort of triggers as a lot of fraud.  It sounds impressive, you have ben asked to keep it secret, it is only available to a select bunch of investors.

Reread what you have, show your paperwork to another advisor, even if you only think it may be a possible fraud, speak to the police.  The police have a website called actionfraud.  The FCA will also have contacts.

Don't get anybody else involved. 

You can pm me if you need help.

Thank you for your concern 


You don't know me personally so i can understand your concern

I had this same conversation just a few weeks ago with a city hedge fund manager and just like you he was desperate to pick holes in it, after spending a day investigating it and the names i gave him he contacted me to say he was sorry to say it was pukka

Do you honestly think i would go into this blind?

You don't know the contacts i have

Anyway your obviously a non believer and your entitled to your opinion

Drawing a line under this, happy to take my 20%

 

[typhoon13]

You aren't ansering anything.  You said that you buy European medium term notes. They are fundamentally the same as any other bond, someone borows some money, they give you coupons and final payments in return.  The yield you get depends on the perceived credit quality of the issuer.  There is nothing that unusual there, and nothing that would mean you can get 20% risk free over 10 months risk free. 

Everyone else in the developed world is crying out for yield, but you can go through some unnamed financial advisor and make chunks buying and sellling these bonds/notes through him.  If you are the middle man, why do people go through you and pay a premium?  There are a whole host of ways I can buy Shell's corporate debt for instance, why would I choose you/your FA?

Why would a triple A corporate be effectively paying 20%+ interest + comissions to go through some back market to raise finance?  There are a whole truckload of institutions happy to pay you 2 or 3% a year for your AA and AAA bonds, and they aren't even risk free.

You have funds in a trust, but you have positions on two trades, who are they with?  Why is the no risk with these trades?  Why do your counterparties always pay when the ones the companies I work for suffer defaults?  What happens if the underlying bond defaults?  Is there any hidden gearing?  Who set up the trust, your advisor or your solicitor?

There are no obvious reasons why you can't name a financial advisor or the firms involved.  There is nothing illegal about buying and selling bonds and notes, and nothing illegal about giving financial advice.  There are also legal ways you can hold them and not pay tax on them.

I don't get it.   

Yeah you summed it up well

You don't get it

https://www.treasurydirect.gov/instit/statreg/fraud/fraud_prime2.pdf

This has the same sort of triggers as a lot of fraud.  It sounds impressive, you have ben asked to keep it secret, it is only available to a select bunch of investors.

Reread what you have, show your paperwork to another advisor, even if you only think it may be a possible fraud, speak to the police.  The police have a website called actionfraud.  The FCA will also have contacts.

Don't get anybody else involved. 

You can pm me if you need help.

By the way i have never repeat never been told to keep it a secret

I just aint broadcasting my dealing contacts onto a public forum for obvious reasons

[peejaytwo]

i'm in the "if it looks too good" camp on this 20% over ten months.