Mixing
20% monthly mining vs 5% monthly trading
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up vote
24
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I recently meet a guy who invested his money in 2 systems.
1) The first one is mining. He gave 20.000 euros to this company (ibulltrade) and they promised to give him back 20% a month. There are different tiers, like from 1000 to 10000 you get 11%, from 10000 to 20000 you get 16%, etc.
It could be a scam but this would be a nice passive income. They say they have a big farm in Norway where electricity doesn't cost much.
What do you think about this?
2) The second one is trading. He sent BTC to these guys and they trade forex/crypto/commodities. They guarantee you at least 5% monthly return on your investment.
I again smell a scam. What you think?
I've been burst 7k on bitconnect so i'm not really interested in these things. Because these 2 are different and 1% daily is unsustainable but 5% monthly looks more realistic, I would like to know what you think about it and if any of you had good experiences in similar investment. Thank you
scams cryptocurrency
edited 19 hours ago
Bob Baerker
9,98811239
asked yesterday
Emil Lazzaroni
12913
New contributor
Emil Lazzaroni is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
 |Â
show 4 more comments
up vote
24
down vote
favorite
I recently meet a guy who invested his money in 2 systems.
1) The first one is mining. He gave 20.000 euros to this company (ibulltrade) and they promised to give him back 20% a month. There are different tiers, like from 1000 to 10000 you get 11%, from 10000 to 20000 you get 16%, etc.
It could be a scam but this would be a nice passive income. They say they have a big farm in Norway where electricity doesn't cost much.
What do you think about this?
2) The second one is trading. He sent BTC to these guys and they trade forex/crypto/commodities. They guarantee you at least 5% monthly return on your investment.
I again smell a scam. What you think?
I've been burst 7k on bitconnect so i'm not really interested in these things. Because these 2 are different and 1% daily is unsustainable but 5% monthly looks more realistic, I would like to know what you think about it and if any of you had good experiences in similar investment. Thank you
scams cryptocurrency
edited 19 hours ago
Bob Baerker
9,98811239
asked yesterday
Emil Lazzaroni
12913
New contributor
Emil Lazzaroni is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
46
"Run, Forrest, run!" It's a scam.
– Bob Baerker
23 hours ago
36
If somebody had a fool proof method of earning 20% a month why would they waste time TALKING about it to anyone? they would just sit and earn those money. Why would they waste their time keeping track on who gave them money and how much when they could use that time to earn money for themselves?
– SZCZERZO KÃ…ÂY
22 hours ago
32
5% monthly is about 80% annually. This is clearly a scam. 20% monthly is about 700% annually. This is even more clearly a scam. If someone could make 700% annual return from your money, why wouldn't they just use their own money and make the profit themselves?
– Grade 'Eh' Bacon
21 hours ago
13
Foolproof scamtest: if someone on stackexchange asks whether something is a scam, it's a scam.
– Geliormth
20 hours ago
1
This "could be" a scam in the sense that the US "could" have a budget deficit in 2019.
– Acccumulation
19 hours ago
 |Â
show 4 more comments
up vote
24
down vote
favorite
up vote
24
down vote
favorite
I recently meet a guy who invested his money in 2 systems.
1) The first one is mining. He gave 20.000 euros to this company (ibulltrade) and they promised to give him back 20% a month. There are different tiers, like from 1000 to 10000 you get 11%, from 10000 to 20000 you get 16%, etc.
It could be a scam but this would be a nice passive income. They say they have a big farm in Norway where electricity doesn't cost much.
What do you think about this?
2) The second one is trading. He sent BTC to these guys and they trade forex/crypto/commodities. They guarantee you at least 5% monthly return on your investment.
I again smell a scam. What you think?
I've been burst 7k on bitconnect so i'm not really interested in these things. Because these 2 are different and 1% daily is unsustainable but 5% monthly looks more realistic, I would like to know what you think about it and if any of you had good experiences in similar investment. Thank you
scams cryptocurrency
edited 19 hours ago
Bob Baerker
9,98811239
asked yesterday
Emil Lazzaroni
12913
New contributor
Emil Lazzaroni is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
I recently meet a guy who invested his money in 2 systems.
1) The first one is mining. He gave 20.000 euros to this company (ibulltrade) and they promised to give him back 20% a month. There are different tiers, like from 1000 to 10000 you get 11%, from 10000 to 20000 you get 16%, etc.
It could be a scam but this would be a nice passive income. They say they have a big farm in Norway where electricity doesn't cost much.
What do you think about this?
2) The second one is trading. He sent BTC to these guys and they trade forex/crypto/commodities. They guarantee you at least 5% monthly return on your investment.
I again smell a scam. What you think?
I've been burst 7k on bitconnect so i'm not really interested in these things. Because these 2 are different and 1% daily is unsustainable but 5% monthly looks more realistic, I would like to know what you think about it and if any of you had good experiences in similar investment. Thank you
scams cryptocurrency
scams cryptocurrency
edited 19 hours ago
Bob Baerker
9,98811239
asked yesterday
Emil Lazzaroni
12913
New contributor
Emil Lazzaroni is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
edited 19 hours ago
Bob Baerker
9,98811239
asked yesterday
Emil Lazzaroni
12913
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Emil Lazzaroni is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
edited 19 hours ago
Bob Baerker
9,98811239
edited 19 hours ago
Bob Baerker
9,98811239
edited 19 hours ago
Bob Baerker
9,98811239
9,98811239
asked yesterday
Emil Lazzaroni
12913
New contributor
Emil Lazzaroni is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
asked yesterday
Emil Lazzaroni
12913
asked yesterday
Emil Lazzaroni
12913
12913
New contributor
Emil Lazzaroni is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
New contributor
Emil Lazzaroni is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
Emil Lazzaroni is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
46
"Run, Forrest, run!" It's a scam.
– Bob Baerker
23 hours ago
36
If somebody had a fool proof method of earning 20% a month why would they waste time TALKING about it to anyone? they would just sit and earn those money. Why would they waste their time keeping track on who gave them money and how much when they could use that time to earn money for themselves?
– SZCZERZO KÃ…ÂY
22 hours ago
32
5% monthly is about 80% annually. This is clearly a scam. 20% monthly is about 700% annually. This is even more clearly a scam. If someone could make 700% annual return from your money, why wouldn't they just use their own money and make the profit themselves?
– Grade 'Eh' Bacon
21 hours ago
13
Foolproof scamtest: if someone on stackexchange asks whether something is a scam, it's a scam.
– Geliormth
20 hours ago
1
This "could be" a scam in the sense that the US "could" have a budget deficit in 2019.
– Acccumulation
19 hours ago
 |Â
show 4 more comments
46
"Run, Forrest, run!" It's a scam.
– Bob Baerker
23 hours ago
36
If somebody had a fool proof method of earning 20% a month why would they waste time TALKING about it to anyone? they would just sit and earn those money. Why would they waste their time keeping track on who gave them money and how much when they could use that time to earn money for themselves?
– SZCZERZO KÃ…ÂY
22 hours ago
32
5% monthly is about 80% annually. This is clearly a scam. 20% monthly is about 700% annually. This is even more clearly a scam. If someone could make 700% annual return from your money, why wouldn't they just use their own money and make the profit themselves?
– Grade 'Eh' Bacon
21 hours ago
13
Foolproof scamtest: if someone on stackexchange asks whether something is a scam, it's a scam.
– Geliormth
20 hours ago
1
This "could be" a scam in the sense that the US "could" have a budget deficit in 2019.
– Acccumulation
19 hours ago
46
46
"Run, Forrest, run!" It's a scam.
– Bob Baerker
23 hours ago
"Run, Forrest, run!" It's a scam.
– Bob Baerker
23 hours ago
36
36
If somebody had a fool proof method of earning 20% a month why would they waste time TALKING about it to anyone? they would just sit and earn those money. Why would they waste their time keeping track on who gave them money and how much when they could use that time to earn money for themselves?
– SZCZERZO KÃ…ÂY
22 hours ago
If somebody had a fool proof method of earning 20% a month why would they waste time TALKING about it to anyone? they would just sit and earn those money. Why would they waste their time keeping track on who gave them money and how much when they could use that time to earn money for themselves?
– SZCZERZO KÃ…ÂY
22 hours ago
32
32
5% monthly is about 80% annually. This is clearly a scam. 20% monthly is about 700% annually. This is even more clearly a scam. If someone could make 700% annual return from your money, why wouldn't they just use their own money and make the profit themselves?
– Grade 'Eh' Bacon
21 hours ago
5% monthly is about 80% annually. This is clearly a scam. 20% monthly is about 700% annually. This is even more clearly a scam. If someone could make 700% annual return from your money, why wouldn't they just use their own money and make the profit themselves?
– Grade 'Eh' Bacon
21 hours ago
13
13
Foolproof scamtest: if someone on stackexchange asks whether something is a scam, it's a scam.
– Geliormth
20 hours ago
Foolproof scamtest: if someone on stackexchange asks whether something is a scam, it's a scam.
– Geliormth
20 hours ago
1
1
This "could be" a scam in the sense that the US "could" have a budget deficit in 2019.
– Acccumulation
19 hours ago
This "could be" a scam in the sense that the US "could" have a budget deficit in 2019.
– Acccumulation
19 hours ago
 |Â
show 4 more comments
6 Answers
6
active
oldest
votes
up vote
63
down vote
Anybody that guarantees a monthly (for example 5%,11%,16%, 20%) return that would be great if that was a annual return, is running a scam.
If they guarantee they could take your 20K euros and make enough money to pay you a guaranteed 24K euros 30 days later and keep the rest for themselves, then they are running a scam.
If they are legitimate then they should be able to start small and build up to a point where they can be basically printing money, and they don't need to solicit money from "friends" they recently met.
So yes it is a scam.
answered yesterday
mhoran_psprep
61.8k785162
add a comment |Â
up vote
41
down vote
Question: if I could guarantee 20% monthly, why would I let you in on it? I wouldn’t. I’d mortgage my home, take out the biggest loan I can, and keep the 20% myself.
And that’s how you know it’s a scam. If it was true, it would not be offered to you.
answered 23 hours ago
gnasher729
7,77911127
3
It would make sense to let other people in on it if you can raise significantly more money that way. Of course, I would keep most of the profit to myself, so if I'm offering 20%, I would probably be making at least 25%, which is even more absurd of a number.
– Acccumulation
19 hours ago
6
Exactly. Plus, if I really needed to let outside investors in, I'd pay them 15% per year, and there would be a long line of takers.
– dbkk
16 hours ago
add a comment |Â
up vote
22
down vote
A $100,000 (US) compounded monthly at 20% would become a $5.6 billion in 5 years. Unfortunately, if this was a non sheltered account, you'd be in the maximum tax bracket and you'd only make a 'mere' $4.6 billion.
TANSTAAFL (There ain't no such thing as a free lunch)
If it sounds too good to be true, it usually is
Money doesn't grow on trees
How do you spell M-A-D-O-F-F ?
IT'S A SCAM!
answered 23 hours ago
Bob Baerker
9,98811239
5
Nice problems to have: earning enough that you have to pay $1B in tax :-)
– TripeHound
21 hours ago
1
The real problem is that the accountant that I used at this trading firm embezzled all of the money from my account and now I have squat and I'm on the hook for $1 B in taxes ;->)
– Bob Baerker
21 hours ago
1
Shouldn't have hired an accountant for a multi billion dollar company on fiver imho.
– xyious
20 hours ago
add a comment |Â
up vote
12
down vote
Aside from the points everyone else has made, consider this: if they fail to live up to their guarantee to return 5% a month, what are you going to do about it? Do they live in the same country as you do? Do you really even know who they are and where they are actually located?
If you go to your local police and tell them "Some folks on the Internet talked me into sending them 20.000 euros, and now they won't give it back!" do you think they are going to send a detective half-way around the world to a nation that your country may not even have an extradition treaty with?
Are you going to hire a lawyer in a distant country to bring suit in that country's legal system to enforce their promise?
Never rely on a guarantee unless you have some legal leverage to enforce the honoring of the guarantee.
answered 19 hours ago
Charles E. Grant
5,73931816
add a comment |Â
up vote
3
down vote
Like other users have pointed out, the returns are very high. High returns come with high risk (think about winning a lottery v/s buying a government bond.) If someone actually can make 20% monthly with a low risk, they wouldn't need your money. The best hedge fund in the world (Renaissance) is not open to the public---you have to be working there to invest money.
answered 21 hours ago
fermesomme
1313
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fermesomme is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
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up vote
3
down vote
The stock market returns about 10% a year. This doesn't happen every year some years might be below (or even a negative return) but typically over longer spans of time (like 5 or 10 years) you can expect a 10% return. Anything else is probably a scam, even mutual funds that advertise 20% returns only do this for a few years and over the long run fail.
This isn't to say that you can't do better than average but the average is about 10%.
Stock market returns average about 10%
A sense of reason might be the first casualty of a bull market.
Investors get comfortable when stocks rise consistently. In a roaring
market, stocks seem to go only up, up, up, and 30% returns appear
perfectly normal. Everything you buy turns to gold — but then comes
the crash.
Over time, stocks, as measured by the Standard & Poor’s 500 index,
return about 10% annually. The index comprises America’s 500 largest
publicly traded companies and is considered the benchmark measure for
annual returns. When investors say “the market,†they mean the S&P
500.
Source: https://www.nerdwallet.com/blog/investing/average-stock-market-return/
As far as anything associated with bit coin, you can make nice returns, but it is extremely volatile and the price is based mainly on belief (whereas a company has assets that are worth something if things go south ), and as of now the hype is dying down and so is the price. I would stay away from anything related to a high risk investment. Before investing in any opportunity, you need to know how they are going to make money. So look at other players in the market and their returns if the information is available. 5% a month or more seems way to high. The other big red flag is the return goes up with the amount of investment, which incentivizes you to give up your money, and is unusual for most investments.
Do yourself a favor, find a nice medium risk mutual fund to invest your money in and get your ~10% a year.
answered 18 hours ago
laptop2d
1312
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Actually, I would say if you construct a very well-diversified portfolio of extremely high risk stock investments, you could perhaps manage to get expected 20% yearly return. Risk and return go hand in hand, and not every company has risk equal to market average. There are stocks that have lower risk (and lower return), and stocks that have higher risk (and higher return). The average return is about 10%, as you said. Limiting yourself to the high-risk stocks could earn you 20%, at the cost of a very high risk.
– juhist
18 hours ago
From what I've read (I'll have to go get my references) you can do that, and you can get your 20% but you can't do that year after year for a whole decade. The general average is 10%. Yes, there are exceptions
– laptop2d
17 hours ago
Extremely high risk stock are likely to be higher beta stocks. As noted, risk and return go hand in hand so in a down market you would likely lose much more than the market does. So when you run with the bulls, ride the 20 percenters and buy the granny stocks for the bear :->)
– Bob Baerker
17 hours ago
add a comment |Â
6 Answers
6
active
oldest
votes
6 Answers
6
active
oldest
votes
active
oldest
votes
active
oldest
votes
up vote
63
down vote
Anybody that guarantees a monthly (for example 5%,11%,16%, 20%) return that would be great if that was a annual return, is running a scam.
If they guarantee they could take your 20K euros and make enough money to pay you a guaranteed 24K euros 30 days later and keep the rest for themselves, then they are running a scam.
If they are legitimate then they should be able to start small and build up to a point where they can be basically printing money, and they don't need to solicit money from "friends" they recently met.
So yes it is a scam.
answered yesterday
mhoran_psprep
61.8k785162
add a comment |Â
up vote
63
down vote
Anybody that guarantees a monthly (for example 5%,11%,16%, 20%) return that would be great if that was a annual return, is running a scam.
If they guarantee they could take your 20K euros and make enough money to pay you a guaranteed 24K euros 30 days later and keep the rest for themselves, then they are running a scam.
If they are legitimate then they should be able to start small and build up to a point where they can be basically printing money, and they don't need to solicit money from "friends" they recently met.
So yes it is a scam.
answered yesterday
mhoran_psprep
61.8k785162
add a comment |Â
up vote
63
down vote
up vote
63
down vote
Anybody that guarantees a monthly (for example 5%,11%,16%, 20%) return that would be great if that was a annual return, is running a scam.
If they guarantee they could take your 20K euros and make enough money to pay you a guaranteed 24K euros 30 days later and keep the rest for themselves, then they are running a scam.
If they are legitimate then they should be able to start small and build up to a point where they can be basically printing money, and they don't need to solicit money from "friends" they recently met.
So yes it is a scam.
answered yesterday
mhoran_psprep
61.8k785162
Anybody that guarantees a monthly (for example 5%,11%,16%, 20%) return that would be great if that was a annual return, is running a scam.
If they guarantee they could take your 20K euros and make enough money to pay you a guaranteed 24K euros 30 days later and keep the rest for themselves, then they are running a scam.
If they are legitimate then they should be able to start small and build up to a point where they can be basically printing money, and they don't need to solicit money from "friends" they recently met.
So yes it is a scam.
answered yesterday
mhoran_psprep
61.8k785162
answered yesterday
mhoran_psprep
61.8k785162
answered yesterday
mhoran_psprep
61.8k785162
answered yesterday
mhoran_psprep
61.8k785162
61.8k785162
add a comment |Â
add a comment |Â
up vote
41
down vote
Question: if I could guarantee 20% monthly, why would I let you in on it? I wouldn’t. I’d mortgage my home, take out the biggest loan I can, and keep the 20% myself.
And that’s how you know it’s a scam. If it was true, it would not be offered to you.
answered 23 hours ago
gnasher729
7,77911127
3
It would make sense to let other people in on it if you can raise significantly more money that way. Of course, I would keep most of the profit to myself, so if I'm offering 20%, I would probably be making at least 25%, which is even more absurd of a number.
– Acccumulation
19 hours ago
6
Exactly. Plus, if I really needed to let outside investors in, I'd pay them 15% per year, and there would be a long line of takers.
– dbkk
16 hours ago
add a comment |Â
up vote
41
down vote
Question: if I could guarantee 20% monthly, why would I let you in on it? I wouldn’t. I’d mortgage my home, take out the biggest loan I can, and keep the 20% myself.
And that’s how you know it’s a scam. If it was true, it would not be offered to you.
answered 23 hours ago
gnasher729
7,77911127
3
It would make sense to let other people in on it if you can raise significantly more money that way. Of course, I would keep most of the profit to myself, so if I'm offering 20%, I would probably be making at least 25%, which is even more absurd of a number.
– Acccumulation
19 hours ago
6
Exactly. Plus, if I really needed to let outside investors in, I'd pay them 15% per year, and there would be a long line of takers.
– dbkk
16 hours ago
add a comment |Â
up vote
41
down vote
up vote
41
down vote
Question: if I could guarantee 20% monthly, why would I let you in on it? I wouldn’t. I’d mortgage my home, take out the biggest loan I can, and keep the 20% myself.
And that’s how you know it’s a scam. If it was true, it would not be offered to you.
answered 23 hours ago
gnasher729
7,77911127
Question: if I could guarantee 20% monthly, why would I let you in on it? I wouldn’t. I’d mortgage my home, take out the biggest loan I can, and keep the 20% myself.
And that’s how you know it’s a scam. If it was true, it would not be offered to you.
answered 23 hours ago
gnasher729
7,77911127
answered 23 hours ago
gnasher729
7,77911127
answered 23 hours ago
gnasher729
7,77911127
answered 23 hours ago
gnasher729
7,77911127
7,77911127
3
It would make sense to let other people in on it if you can raise significantly more money that way. Of course, I would keep most of the profit to myself, so if I'm offering 20%, I would probably be making at least 25%, which is even more absurd of a number.
– Acccumulation
19 hours ago
6
Exactly. Plus, if I really needed to let outside investors in, I'd pay them 15% per year, and there would be a long line of takers.
– dbkk
16 hours ago
add a comment |Â
3
It would make sense to let other people in on it if you can raise significantly more money that way. Of course, I would keep most of the profit to myself, so if I'm offering 20%, I would probably be making at least 25%, which is even more absurd of a number.
– Acccumulation
19 hours ago
6
Exactly. Plus, if I really needed to let outside investors in, I'd pay them 15% per year, and there would be a long line of takers.
– dbkk
16 hours ago
3
3
It would make sense to let other people in on it if you can raise significantly more money that way. Of course, I would keep most of the profit to myself, so if I'm offering 20%, I would probably be making at least 25%, which is even more absurd of a number.
– Acccumulation
19 hours ago
It would make sense to let other people in on it if you can raise significantly more money that way. Of course, I would keep most of the profit to myself, so if I'm offering 20%, I would probably be making at least 25%, which is even more absurd of a number.
– Acccumulation
19 hours ago
6
6
Exactly. Plus, if I really needed to let outside investors in, I'd pay them 15% per year, and there would be a long line of takers.
– dbkk
16 hours ago
Exactly. Plus, if I really needed to let outside investors in, I'd pay them 15% per year, and there would be a long line of takers.
– dbkk
16 hours ago
add a comment |Â
up vote
22
down vote
A $100,000 (US) compounded monthly at 20% would become a $5.6 billion in 5 years. Unfortunately, if this was a non sheltered account, you'd be in the maximum tax bracket and you'd only make a 'mere' $4.6 billion.
TANSTAAFL (There ain't no such thing as a free lunch)
If it sounds too good to be true, it usually is
Money doesn't grow on trees
How do you spell M-A-D-O-F-F ?
IT'S A SCAM!
answered 23 hours ago
Bob Baerker
9,98811239
5
Nice problems to have: earning enough that you have to pay $1B in tax :-)
– TripeHound
21 hours ago
1
The real problem is that the accountant that I used at this trading firm embezzled all of the money from my account and now I have squat and I'm on the hook for $1 B in taxes ;->)
– Bob Baerker
21 hours ago
1
Shouldn't have hired an accountant for a multi billion dollar company on fiver imho.
– xyious
20 hours ago
add a comment |Â
up vote
22
down vote
A $100,000 (US) compounded monthly at 20% would become a $5.6 billion in 5 years. Unfortunately, if this was a non sheltered account, you'd be in the maximum tax bracket and you'd only make a 'mere' $4.6 billion.
TANSTAAFL (There ain't no such thing as a free lunch)
If it sounds too good to be true, it usually is
Money doesn't grow on trees
How do you spell M-A-D-O-F-F ?
IT'S A SCAM!
answered 23 hours ago
Bob Baerker
9,98811239
5
Nice problems to have: earning enough that you have to pay $1B in tax :-)
– TripeHound
21 hours ago
1
The real problem is that the accountant that I used at this trading firm embezzled all of the money from my account and now I have squat and I'm on the hook for $1 B in taxes ;->)
– Bob Baerker
21 hours ago
1
Shouldn't have hired an accountant for a multi billion dollar company on fiver imho.
– xyious
20 hours ago
add a comment |Â
up vote
22
down vote
up vote
22
down vote
A $100,000 (US) compounded monthly at 20% would become a $5.6 billion in 5 years. Unfortunately, if this was a non sheltered account, you'd be in the maximum tax bracket and you'd only make a 'mere' $4.6 billion.
TANSTAAFL (There ain't no such thing as a free lunch)
If it sounds too good to be true, it usually is
Money doesn't grow on trees
How do you spell M-A-D-O-F-F ?
IT'S A SCAM!
answered 23 hours ago
Bob Baerker
9,98811239
A $100,000 (US) compounded monthly at 20% would become a $5.6 billion in 5 years. Unfortunately, if this was a non sheltered account, you'd be in the maximum tax bracket and you'd only make a 'mere' $4.6 billion.
TANSTAAFL (There ain't no such thing as a free lunch)
If it sounds too good to be true, it usually is
Money doesn't grow on trees
How do you spell M-A-D-O-F-F ?
IT'S A SCAM!
answered 23 hours ago
Bob Baerker
9,98811239
answered 23 hours ago
Bob Baerker
9,98811239
answered 23 hours ago
Bob Baerker
9,98811239
answered 23 hours ago
Bob Baerker
9,98811239
9,98811239
5
Nice problems to have: earning enough that you have to pay $1B in tax :-)
– TripeHound
21 hours ago
1
The real problem is that the accountant that I used at this trading firm embezzled all of the money from my account and now I have squat and I'm on the hook for $1 B in taxes ;->)
– Bob Baerker
21 hours ago
1
Shouldn't have hired an accountant for a multi billion dollar company on fiver imho.
– xyious
20 hours ago
add a comment |Â
5
Nice problems to have: earning enough that you have to pay $1B in tax :-)
– TripeHound
21 hours ago
1
The real problem is that the accountant that I used at this trading firm embezzled all of the money from my account and now I have squat and I'm on the hook for $1 B in taxes ;->)
– Bob Baerker
21 hours ago
1
Shouldn't have hired an accountant for a multi billion dollar company on fiver imho.
– xyious
20 hours ago
5
5
Nice problems to have: earning enough that you have to pay $1B in tax :-)
– TripeHound
21 hours ago
Nice problems to have: earning enough that you have to pay $1B in tax :-)
– TripeHound
21 hours ago
1
1
The real problem is that the accountant that I used at this trading firm embezzled all of the money from my account and now I have squat and I'm on the hook for $1 B in taxes ;->)
– Bob Baerker
21 hours ago
The real problem is that the accountant that I used at this trading firm embezzled all of the money from my account and now I have squat and I'm on the hook for $1 B in taxes ;->)
– Bob Baerker
21 hours ago
1
1
Shouldn't have hired an accountant for a multi billion dollar company on fiver imho.
– xyious
20 hours ago
Shouldn't have hired an accountant for a multi billion dollar company on fiver imho.
– xyious
20 hours ago
add a comment |Â
up vote
12
down vote
Aside from the points everyone else has made, consider this: if they fail to live up to their guarantee to return 5% a month, what are you going to do about it? Do they live in the same country as you do? Do you really even know who they are and where they are actually located?
If you go to your local police and tell them "Some folks on the Internet talked me into sending them 20.000 euros, and now they won't give it back!" do you think they are going to send a detective half-way around the world to a nation that your country may not even have an extradition treaty with?
Are you going to hire a lawyer in a distant country to bring suit in that country's legal system to enforce their promise?
Never rely on a guarantee unless you have some legal leverage to enforce the honoring of the guarantee.
answered 19 hours ago
Charles E. Grant
5,73931816
add a comment |Â
up vote
12
down vote
Aside from the points everyone else has made, consider this: if they fail to live up to their guarantee to return 5% a month, what are you going to do about it? Do they live in the same country as you do? Do you really even know who they are and where they are actually located?
If you go to your local police and tell them "Some folks on the Internet talked me into sending them 20.000 euros, and now they won't give it back!" do you think they are going to send a detective half-way around the world to a nation that your country may not even have an extradition treaty with?
Are you going to hire a lawyer in a distant country to bring suit in that country's legal system to enforce their promise?
Never rely on a guarantee unless you have some legal leverage to enforce the honoring of the guarantee.
answered 19 hours ago
Charles E. Grant
5,73931816
add a comment |Â
up vote
12
down vote
up vote
12
down vote
Aside from the points everyone else has made, consider this: if they fail to live up to their guarantee to return 5% a month, what are you going to do about it? Do they live in the same country as you do? Do you really even know who they are and where they are actually located?
If you go to your local police and tell them "Some folks on the Internet talked me into sending them 20.000 euros, and now they won't give it back!" do you think they are going to send a detective half-way around the world to a nation that your country may not even have an extradition treaty with?
Are you going to hire a lawyer in a distant country to bring suit in that country's legal system to enforce their promise?
Never rely on a guarantee unless you have some legal leverage to enforce the honoring of the guarantee.
answered 19 hours ago
Charles E. Grant
5,73931816
Aside from the points everyone else has made, consider this: if they fail to live up to their guarantee to return 5% a month, what are you going to do about it? Do they live in the same country as you do? Do you really even know who they are and where they are actually located?
If you go to your local police and tell them "Some folks on the Internet talked me into sending them 20.000 euros, and now they won't give it back!" do you think they are going to send a detective half-way around the world to a nation that your country may not even have an extradition treaty with?
Are you going to hire a lawyer in a distant country to bring suit in that country's legal system to enforce their promise?
Never rely on a guarantee unless you have some legal leverage to enforce the honoring of the guarantee.
answered 19 hours ago
Charles E. Grant
5,73931816
answered 19 hours ago
Charles E. Grant
5,73931816
answered 19 hours ago
Charles E. Grant
5,73931816
answered 19 hours ago
Charles E. Grant
5,73931816
5,73931816
add a comment |Â
add a comment |Â
up vote
3
down vote
Like other users have pointed out, the returns are very high. High returns come with high risk (think about winning a lottery v/s buying a government bond.) If someone actually can make 20% monthly with a low risk, they wouldn't need your money. The best hedge fund in the world (Renaissance) is not open to the public---you have to be working there to invest money.
answered 21 hours ago
fermesomme
1313
New contributor
fermesomme is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
add a comment |Â
up vote
3
down vote
Like other users have pointed out, the returns are very high. High returns come with high risk (think about winning a lottery v/s buying a government bond.) If someone actually can make 20% monthly with a low risk, they wouldn't need your money. The best hedge fund in the world (Renaissance) is not open to the public---you have to be working there to invest money.
answered 21 hours ago
fermesomme
1313
New contributor
fermesomme is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
add a comment |Â
up vote
3
down vote
up vote
3
down vote
Like other users have pointed out, the returns are very high. High returns come with high risk (think about winning a lottery v/s buying a government bond.) If someone actually can make 20% monthly with a low risk, they wouldn't need your money. The best hedge fund in the world (Renaissance) is not open to the public---you have to be working there to invest money.
answered 21 hours ago
fermesomme
1313
New contributor
fermesomme is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
Like other users have pointed out, the returns are very high. High returns come with high risk (think about winning a lottery v/s buying a government bond.) If someone actually can make 20% monthly with a low risk, they wouldn't need your money. The best hedge fund in the world (Renaissance) is not open to the public---you have to be working there to invest money.
answered 21 hours ago
fermesomme
1313
New contributor
fermesomme is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
answered 21 hours ago
fermesomme
1313
New contributor
fermesomme is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
answered 21 hours ago
fermesomme
1313
answered 21 hours ago
fermesomme
1313
1313
New contributor
fermesomme is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
New contributor
fermesomme is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
fermesomme is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
add a comment |Â
add a comment |Â
up vote
3
down vote
The stock market returns about 10% a year. This doesn't happen every year some years might be below (or even a negative return) but typically over longer spans of time (like 5 or 10 years) you can expect a 10% return. Anything else is probably a scam, even mutual funds that advertise 20% returns only do this for a few years and over the long run fail.
This isn't to say that you can't do better than average but the average is about 10%.
Stock market returns average about 10%
A sense of reason might be the first casualty of a bull market.
Investors get comfortable when stocks rise consistently. In a roaring
market, stocks seem to go only up, up, up, and 30% returns appear
perfectly normal. Everything you buy turns to gold — but then comes
the crash.
Over time, stocks, as measured by the Standard & Poor’s 500 index,
return about 10% annually. The index comprises America’s 500 largest
publicly traded companies and is considered the benchmark measure for
annual returns. When investors say “the market,†they mean the S&P
500.
Source: https://www.nerdwallet.com/blog/investing/average-stock-market-return/
As far as anything associated with bit coin, you can make nice returns, but it is extremely volatile and the price is based mainly on belief (whereas a company has assets that are worth something if things go south ), and as of now the hype is dying down and so is the price. I would stay away from anything related to a high risk investment. Before investing in any opportunity, you need to know how they are going to make money. So look at other players in the market and their returns if the information is available. 5% a month or more seems way to high. The other big red flag is the return goes up with the amount of investment, which incentivizes you to give up your money, and is unusual for most investments.
Do yourself a favor, find a nice medium risk mutual fund to invest your money in and get your ~10% a year.
answered 18 hours ago
laptop2d
1312
New contributor
laptop2d is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
Actually, I would say if you construct a very well-diversified portfolio of extremely high risk stock investments, you could perhaps manage to get expected 20% yearly return. Risk and return go hand in hand, and not every company has risk equal to market average. There are stocks that have lower risk (and lower return), and stocks that have higher risk (and higher return). The average return is about 10%, as you said. Limiting yourself to the high-risk stocks could earn you 20%, at the cost of a very high risk.
– juhist
18 hours ago
From what I've read (I'll have to go get my references) you can do that, and you can get your 20% but you can't do that year after year for a whole decade. The general average is 10%. Yes, there are exceptions
– laptop2d
17 hours ago
Extremely high risk stock are likely to be higher beta stocks. As noted, risk and return go hand in hand so in a down market you would likely lose much more than the market does. So when you run with the bulls, ride the 20 percenters and buy the granny stocks for the bear :->)
– Bob Baerker
17 hours ago
add a comment |Â
up vote
3
down vote
The stock market returns about 10% a year. This doesn't happen every year some years might be below (or even a negative return) but typically over longer spans of time (like 5 or 10 years) you can expect a 10% return. Anything else is probably a scam, even mutual funds that advertise 20% returns only do this for a few years and over the long run fail.
This isn't to say that you can't do better than average but the average is about 10%.
Stock market returns average about 10%
A sense of reason might be the first casualty of a bull market.
Investors get comfortable when stocks rise consistently. In a roaring
market, stocks seem to go only up, up, up, and 30% returns appear
perfectly normal. Everything you buy turns to gold — but then comes
the crash.
Over time, stocks, as measured by the Standard & Poor’s 500 index,
return about 10% annually. The index comprises America’s 500 largest
publicly traded companies and is considered the benchmark measure for
annual returns. When investors say “the market,†they mean the S&P
500.
Source: https://www.nerdwallet.com/blog/investing/average-stock-market-return/
As far as anything associated with bit coin, you can make nice returns, but it is extremely volatile and the price is based mainly on belief (whereas a company has assets that are worth something if things go south ), and as of now the hype is dying down and so is the price. I would stay away from anything related to a high risk investment. Before investing in any opportunity, you need to know how they are going to make money. So look at other players in the market and their returns if the information is available. 5% a month or more seems way to high. The other big red flag is the return goes up with the amount of investment, which incentivizes you to give up your money, and is unusual for most investments.
Do yourself a favor, find a nice medium risk mutual fund to invest your money in and get your ~10% a year.
answered 18 hours ago
laptop2d
1312
New contributor
laptop2d is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
Actually, I would say if you construct a very well-diversified portfolio of extremely high risk stock investments, you could perhaps manage to get expected 20% yearly return. Risk and return go hand in hand, and not every company has risk equal to market average. There are stocks that have lower risk (and lower return), and stocks that have higher risk (and higher return). The average return is about 10%, as you said. Limiting yourself to the high-risk stocks could earn you 20%, at the cost of a very high risk.
– juhist
18 hours ago
From what I've read (I'll have to go get my references) you can do that, and you can get your 20% but you can't do that year after year for a whole decade. The general average is 10%. Yes, there are exceptions
– laptop2d
17 hours ago
Extremely high risk stock are likely to be higher beta stocks. As noted, risk and return go hand in hand so in a down market you would likely lose much more than the market does. So when you run with the bulls, ride the 20 percenters and buy the granny stocks for the bear :->)
– Bob Baerker
17 hours ago
add a comment |Â
up vote
3
down vote
up vote
3
down vote
The stock market returns about 10% a year. This doesn't happen every year some years might be below (or even a negative return) but typically over longer spans of time (like 5 or 10 years) you can expect a 10% return. Anything else is probably a scam, even mutual funds that advertise 20% returns only do this for a few years and over the long run fail.
This isn't to say that you can't do better than average but the average is about 10%.
Stock market returns average about 10%
A sense of reason might be the first casualty of a bull market.
Investors get comfortable when stocks rise consistently. In a roaring
market, stocks seem to go only up, up, up, and 30% returns appear
perfectly normal. Everything you buy turns to gold — but then comes
the crash.
Over time, stocks, as measured by the Standard & Poor’s 500 index,
return about 10% annually. The index comprises America’s 500 largest
publicly traded companies and is considered the benchmark measure for
annual returns. When investors say “the market,†they mean the S&P
500.
Source: https://www.nerdwallet.com/blog/investing/average-stock-market-return/
As far as anything associated with bit coin, you can make nice returns, but it is extremely volatile and the price is based mainly on belief (whereas a company has assets that are worth something if things go south ), and as of now the hype is dying down and so is the price. I would stay away from anything related to a high risk investment. Before investing in any opportunity, you need to know how they are going to make money. So look at other players in the market and their returns if the information is available. 5% a month or more seems way to high. The other big red flag is the return goes up with the amount of investment, which incentivizes you to give up your money, and is unusual for most investments.
Do yourself a favor, find a nice medium risk mutual fund to invest your money in and get your ~10% a year.
answered 18 hours ago
laptop2d
1312
New contributor
laptop2d is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
The stock market returns about 10% a year. This doesn't happen every year some years might be below (or even a negative return) but typically over longer spans of time (like 5 or 10 years) you can expect a 10% return. Anything else is probably a scam, even mutual funds that advertise 20% returns only do this for a few years and over the long run fail.
This isn't to say that you can't do better than average but the average is about 10%.
Stock market returns average about 10%
A sense of reason might be the first casualty of a bull market.
Investors get comfortable when stocks rise consistently. In a roaring
market, stocks seem to go only up, up, up, and 30% returns appear
perfectly normal. Everything you buy turns to gold — but then comes
the crash.
Over time, stocks, as measured by the Standard & Poor’s 500 index,
return about 10% annually. The index comprises America’s 500 largest
publicly traded companies and is considered the benchmark measure for
annual returns. When investors say “the market,†they mean the S&P
500.
Source: https://www.nerdwallet.com/blog/investing/average-stock-market-return/
As far as anything associated with bit coin, you can make nice returns, but it is extremely volatile and the price is based mainly on belief (whereas a company has assets that are worth something if things go south ), and as of now the hype is dying down and so is the price. I would stay away from anything related to a high risk investment. Before investing in any opportunity, you need to know how they are going to make money. So look at other players in the market and their returns if the information is available. 5% a month or more seems way to high. The other big red flag is the return goes up with the amount of investment, which incentivizes you to give up your money, and is unusual for most investments.
Do yourself a favor, find a nice medium risk mutual fund to invest your money in and get your ~10% a year.
answered 18 hours ago
laptop2d
1312
New contributor
laptop2d is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
answered 18 hours ago
laptop2d
1312
New contributor
laptop2d is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
answered 18 hours ago
laptop2d
1312
answered 18 hours ago
laptop2d
1312
1312
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laptop2d is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
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New contributor
laptop2d is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
laptop2d is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
Actually, I would say if you construct a very well-diversified portfolio of extremely high risk stock investments, you could perhaps manage to get expected 20% yearly return. Risk and return go hand in hand, and not every company has risk equal to market average. There are stocks that have lower risk (and lower return), and stocks that have higher risk (and higher return). The average return is about 10%, as you said. Limiting yourself to the high-risk stocks could earn you 20%, at the cost of a very high risk.
– juhist
18 hours ago
From what I've read (I'll have to go get my references) you can do that, and you can get your 20% but you can't do that year after year for a whole decade. The general average is 10%. Yes, there are exceptions
– laptop2d
17 hours ago
Extremely high risk stock are likely to be higher beta stocks. As noted, risk and return go hand in hand so in a down market you would likely lose much more than the market does. So when you run with the bulls, ride the 20 percenters and buy the granny stocks for the bear :->)
– Bob Baerker
17 hours ago
add a comment |Â
Actually, I would say if you construct a very well-diversified portfolio of extremely high risk stock investments, you could perhaps manage to get expected 20% yearly return. Risk and return go hand in hand, and not every company has risk equal to market average. There are stocks that have lower risk (and lower return), and stocks that have higher risk (and higher return). The average return is about 10%, as you said. Limiting yourself to the high-risk stocks could earn you 20%, at the cost of a very high risk.
– juhist
18 hours ago
From what I've read (I'll have to go get my references) you can do that, and you can get your 20% but you can't do that year after year for a whole decade. The general average is 10%. Yes, there are exceptions
– laptop2d
17 hours ago
Extremely high risk stock are likely to be higher beta stocks. As noted, risk and return go hand in hand so in a down market you would likely lose much more than the market does. So when you run with the bulls, ride the 20 percenters and buy the granny stocks for the bear :->)
– Bob Baerker
17 hours ago
Actually, I would say if you construct a very well-diversified portfolio of extremely high risk stock investments, you could perhaps manage to get expected 20% yearly return. Risk and return go hand in hand, and not every company has risk equal to market average. There are stocks that have lower risk (and lower return), and stocks that have higher risk (and higher return). The average return is about 10%, as you said. Limiting yourself to the high-risk stocks could earn you 20%, at the cost of a very high risk.
– juhist
18 hours ago
Actually, I would say if you construct a very well-diversified portfolio of extremely high risk stock investments, you could perhaps manage to get expected 20% yearly return. Risk and return go hand in hand, and not every company has risk equal to market average. There are stocks that have lower risk (and lower return), and stocks that have higher risk (and higher return). The average return is about 10%, as you said. Limiting yourself to the high-risk stocks could earn you 20%, at the cost of a very high risk.
– juhist
18 hours ago
From what I've read (I'll have to go get my references) you can do that, and you can get your 20% but you can't do that year after year for a whole decade. The general average is 10%. Yes, there are exceptions
– laptop2d
17 hours ago
From what I've read (I'll have to go get my references) you can do that, and you can get your 20% but you can't do that year after year for a whole decade. The general average is 10%. Yes, there are exceptions
– laptop2d
17 hours ago
Extremely high risk stock are likely to be higher beta stocks. As noted, risk and return go hand in hand so in a down market you would likely lose much more than the market does. So when you run with the bulls, ride the 20 percenters and buy the granny stocks for the bear :->)
– Bob Baerker
17 hours ago
Extremely high risk stock are likely to be higher beta stocks. As noted, risk and return go hand in hand so in a down market you would likely lose much more than the market does. So when you run with the bulls, ride the 20 percenters and buy the granny stocks for the bear :->)
– Bob Baerker
17 hours ago
add a comment |Â
Emil Lazzaroni is a new contributor. Be nice, and check out our Code of Conduct.
Emil Lazzaroni is a new contributor. Be nice, and check out our Code of Conduct.
Emil Lazzaroni is a new contributor. Be nice, and check out our Code of Conduct.
Emil Lazzaroni is a new contributor. Be nice, and check out our Code of Conduct.
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46
"Run, Forrest, run!" It's a scam.
– Bob Baerker
23 hours ago
36
If somebody had a fool proof method of earning 20% a month why would they waste time TALKING about it to anyone? they would just sit and earn those money. Why would they waste their time keeping track on who gave them money and how much when they could use that time to earn money for themselves?
– SZCZERZO KÃ…ÂY
22 hours ago
32
5% monthly is about 80% annually. This is clearly a scam. 20% monthly is about 700% annually. This is even more clearly a scam. If someone could make 700% annual return from your money, why wouldn't they just use their own money and make the profit themselves?
– Grade 'Eh' Bacon
21 hours ago
13
Foolproof scamtest: if someone on stackexchange asks whether something is a scam, it's a scam.
– Geliormth
20 hours ago
1
This "could be" a scam in the sense that the US "could" have a budget deficit in 2019.
– Acccumulation
19 hours ago