Startup Projects Background

Investing People’s savings and taking a cut

Overview

I am quite skilled when it comes to spotting a good investment. I have thought about setting up my own private investment group. I don’t have the required capital but here is the idea. I need about 200 clients who are wealthy but not super rich who want to make more money than current interest rates but don’t want to commit the time to making their own private investments. They would all invest about 30,000 giving me about 600,000 to invest. I invest this money and try to get a return on about 125%. The investors will get 110% of their initial investment back (33,000)- far better than a bank and I would make 45,000 which is a decent salary for a startup. They would be able to choose things such as weather there money is to be invested ethically.

Created 03/3/2014 at 11:00 PM by HHH in Investing

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Comments (2)

sorry but that is an awfull idea, who would give 30 grand of their savings to a stranger?

10 - Report abuse   March 4, 2014 at 9:09 pm by Anthony Flynn

Bad idea for the reason Anthony mentioned.

00 - Report abuse   March 8, 2014 at 6:06 pm by Nigel Ashton

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