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I would not invest anything without knowing a lot more. However if you are saying it will be guaranteed to return 11percent, I would be very skeptical and assume it is a scam. Saying it is an investment type thing does not create a high level of confidence off the bat
Something to be said for a guarantee from the US Govt vs a start up company. You can get 3% FDIC at HM Bradley if you jump through a few hoops.
Rising Star
Op be like, this is my business plan
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8% return with 3% appreciation sounds like a standard REIT, if not under the average.
I’m more interested in the background of the person offering the “investment” and the business plan than I am about numbers (especially those kinds of numbers).
10k seems reasonable. Maybe more depending on the asset, but probably not. Questions like - can I get a tax break? How is the yield provided? How long will the investment appreciate for?
It would yield a K1 and probably have some depreciation to offer. Good points on the yield. Was thinking of staggering exit points for investors
Gonna take that guarantee with a grain of salt. I'm sure only a friendly Nigerian prince could guarantee returns like that
Lol 8-11% yield guaranteed by contract and assets I would put all my money with you. You would be better than most famous money managers.
At that level, I wouldn’t form new relationships except by WoM for who I would invest with. My returns would be managed 1:1 by firms that don’t guarantee but return more. I’d be looking more for tax advantaged opportunities that sustain generational wealth in a trust than just investment returns. Tax savings are >20% gains (earning in the top bracket) and my money is going to see significant gains, so the 20% tax savings matters more than the growth.
It sounds like you’re thinking of something like this. Returns are from renters, growth is from market improvement. https://www.npr.org/sections/money/2021/08/24/1030151330/a-unicorn-startup-is-turning-houses-into-corporations
Pro
Had to look up my percentile (top 5/6th looks about right). If I were top 3% and the investment were truly solid with guaranteed returns and appreciation: if it were a lump sum and I couldn't add more, I would be ok with 25-50k, but if I could do recurring investment, it would probably be around $10k/month. The big thing is I have a hard time believing anything is guaranteed, so my amounts are consistent with what I would be putting into the stock market.
That is exactly what I am thinking. Although I am thinking one-time investments (possibly with multiple opportunities to invest at different times.) I have vetted the idea with a few friends (with way more detail of course) and it seems like 10k would be a solid entry point, so this backs that up. If you could start at 10k and it works out… maybe pop in another 10 later.
Pro
What NW do you consider as top 3%ers? Here it says 4.6M NW. Are you at that level as an associate? https://dqydj.com/average-median-top-net-worth-percentiles/
This is really helpful, thank you!!
Your questions are very weird OP. If they actually 100% believe that the returns are certain, people would probably be willing to put a large share of their assets (more than the numbers you’re throwing around in many cases). But the problem is they don’t, or at least shouldn’t, believe that. No investment is certain, and as soon as you start trying to convince people it is, you are diminishing your credibility and people’s scam radar should start flashing. Don’t con your friends.
After max 401k and backdoor ira and housing (that’s 58k including match+6k), there’s still a likelihood too earners have near $100k left over. Odds are that they’re also getting fair returns elsewhere. You need to convince people to change their money to you for relationship, returns, tax savings, liquidity, etc. I don’t see that happening for only 8% returns.
Fwiw I would be able to very clearly demonstrate the returns—it would essentially be passive business ownership and the people involved would be very familiar with the value and limited only by capital in investing in it otherwise. Assuming you would be absolutely CONFIDENT it was not a scam and you knew the person well and trusted the person who was starting the investment? I’m just trying to get at how much people could put into something like this if they knew it was a solid bet.
Associate - you could get a bank loan for less.