Investing People’s savings and taking a cut
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.
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