Watch a livestream of my talk at 7pm ET tonight on the maker movement


#1

Originally published at: http://boingboing.net/2017/04/06/watch-a-livestream-of-my-talk.html


#2

Mark,
I’m curious if you have an opinion on TechShop, one of the ‘leaders’ of the maker movement, defaulting on loans that their members have made them? https://www.bogleheads.org/forum/viewtopic.php?t=177391


#3

7-8pm ET, I’ll be at the library getting certified on their 3D printers. :smirk:


#4

Sure!, free wine for the physical audience! /s


#5

$25,000 minimum and pays back 10% of principal + 8% interest annually for 10 years.

That’s a Ponzi scheme right there.


#6

Certainly seems that way.


#7

This isn’t directed specifically at you, just the audience in general.

Guaranteed returns up to a Max of tbill plus a percentage, that could be legit. Anything higher if you don’t see management fees and performance bonuses for the equity managers, run don’t walk away.

If, as an investor, you have a hard time answering the question, “how do they make money with my investment, while paying me above market rates”, that is the clearest sign you have to not invest.


#8

Man, I’m sorry I missed that. Is it archived?


#9

Yes, at the same link. Thanks!


#10

First I’ve heard of it. Thanks for the link. I’m going to read it!


#11

I can vouch for the accounts first hand, I’m a lender too.


#12

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