I want to create a mutual CD and was wondering if anything like it exists already. It would be like a mutual fund in that it would pool people's money together, but it would function like a CD in that it would pay out a fixed interest rate.
| +130 | If Tik Tok is forced to sell, what banks do you think would be involved in the deal? | 60 | 33m | |
| +49 | Intern Ettiquette | 14 | 18h | |
| +47 | Ranking banks that went under | 34 | 13h | |
| +42 | Relevance of A-Levels for U.K. London recruiting | 31 | 10m | |
| +39 | Burnt Out M&A ASO | 22 | 1d | |
| +30 | NEED NY RESTAURANT RECOMMENDATIONS | 22 | 55m | |
| +26 | What are hours like at BBs in London? | 48 | 23h | |
| +26 | 2024 new grads who didnt get return offers update | 12 | 23h | |
| +23 | PSA to gymcels: focus on the summer internship | 9 | 1d | |
| +21 | IB Career Guideline | 12 | 4h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
OK, anyone with an intelligent, or at least a polite response?
what the fuck would be the point in doing that?
I'd be able to give people a high rate of return and keep any returns above and beyond the CD's interest rate.
And how would you be generating a return over the fixed interest rate?
my returns consistantly range from 70%-150%, I could offer 25% interest and still make bank
I can only imagine what kind of returns you'll generate when you finally learn what S&T stands for. Every fund manager beware.
Don't be jealous =)
what?
Was there a more specific question you had?
Let me guess...you invested $100 in TSLA and now you think you're a god?
No, I invest in commodities and futures
I would rather invest in Detroit GO debt that they've stopped making debt payments on than whatever it is you are offering.
I think you should do that
Money market funds...
Making money in a bull market (basically anyone who invested since March 2009) is not special. I'm sorry, but you have no idea what you are talking about after reading three of your posts. My returns dwarf yours and I know, first-hand, that it was the market - and lucky timing - rather than my own special "abilities." Did I make smart/aggressive picks? Yup. Would I have lost my shirt in anything other than a bull market? Yup. Let's see how you fare over the next five to seven years...
I'm OK with skepticism, my mother discourages me every chance she gets, but out her 5 children, I'm the only one without a college degree, I'm also the only one making over $200k a year. So in 5-7 years, we'll see where I'm at. I've spent the last 5+ years in Iraq and Afghanistan, so at least the scenary has only one way it could go.
P.S. Congrats on having such high returns, I hope you continue to do well
Thanks for your service and I hope you continue to do well yourself... However, if I were you, I would spend a great deal of time reading and learning before even attempting to manage any one else's money.
I never stop learning, I'm always open to learning new strategies and techniques...the whole purpose of my post was to find out if an investing vehicle that resembles what I described exists, because I don't know. I'm asking questions so that I can learn, but for whatever reason there's a bunch of self-righteous pricks (not you) on here that would rather belittle me and discourage me with derogatory/useless comments than educate me. So to those willing to post constructive educational comments, thanks.
Yeah! Leave him alone you assholes.
Illum quas provident dolorem odio consectetur. Rerum aperiam illo minima quis dolores totam. Provident in fugiat qui laudantium ullam et.
Velit ex praesentium cum ut. Quis ut libero officia assumenda earum tempora. Qui magnam sequi iusto quis. Est porro voluptas alias natus sit.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Et minima asperiores quidem aut eos voluptas dolorum eos. Consequatur itaque rerum et quia.
Repellat autem ex rem beatae aut illum. Sapiente similique cupiditate laboriosam sed. Tempora atque facilis aliquid quisquam.
Recusandae itaque nostrum rerum at quibusdam. Voluptatem et porro rerum et sed quas. Tenetur et eos qui aut odio sed et.