Originally published at: http://boingboing.net/2017/04/06/watch-a-livestream-of-my-talk.html
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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
7-8pm ET, I’ll be at the library getting certified on their 3D printers.
Sure!, free wine for the physical audience! /s
$25,000 minimum and pays back 10% of principal + 8% interest annually for 10 years.
That’s a Ponzi scheme right there.
Certainly seems that way.
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.
Man, I’m sorry I missed that. Is it archived?
Yes, at the same link. Thanks!
First I’ve heard of it. Thanks for the link. I’m going to read it!
I can vouch for the accounts first hand, I’m a lender too.
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