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You can get guaranteed 11% returns at https://www.twino.eu/ https://www.twino.eu/ I used it for a while; it did work and their published financials are solid,

You can get guaranteed 11% returns at https://www.twino.eu/ https://www.twino.eu/ I used it for a while; it did work and their published financials are solid, but being happy with some risk I decided stocks where a better play. Still, it's a useful baseline.

compiler-guy 9y ago
tino shows a default or delayed rate of around 25%. That means your returns are not risk free.
- akvadrako 9y ago
  That doesn't matter, because for the highest rated loans (Buyback and PG) Twino guarantee payments even in the case of defaults or delays.
  - compiler-guy 9y ago
    That just shifts your risk to whether or not Twino succeeds. This may be lower risk than the original loans, but it is still risk.
astura 9y ago
That's not what "guaranteed" means.
- akvadrako 9y ago
  In what sense? The company guarantees you will get paid back for the loans at 11%. For higher rates there is risk, but that isn't what I'm talking about.
  - astura 9y ago
    "Guarantees" Just like the "guarantees" Bernie Mandoff made to his "investors." The money has to come from somewhere and the underlying assets producing returns are speculative. If the underlying assets don't produce enough return for the company to offset losses, then that guarantee is worth the paper it's written on.
    - akvadrako 9y ago
      Like I said, they have solid financials. The loans they sell are at much higher rates.
      - astura 9y ago
        Their "solid financials" don't change the fact that their "guarantee" is entirely based on speculative investments. If the returns are lower than expected they can't fulfill the "guarantee." I say this as someone who invests in P2P loans. They are speculate investments.
        akvadrako 9y ago
        Man, you really don't like this company for some reason. It's more like a bank than a pyramid scheme, except they have higher reserves. Sure, theoretically something could happen and all their customers may default on their loans, but by your logic even cash is "speculate" because your house could burn down.

compiler-guy 9y ago

tino shows a default or delayed rate of around 25%. That means your returns are not risk free.

akvadrako 9y ago
That doesn't matter, because for the highest rated loans (Buyback and PG) Twino guarantee payments even in the case of defaults or delays.
- compiler-guy 9y ago
  That just shifts your risk to whether or not Twino succeeds. This may be lower risk than the original loans, but it is still risk.

astura 9y ago

That's not what "guaranteed" means.

akvadrako 9y ago
In what sense? The company guarantees you will get paid back for the loans at 11%. For higher rates there is risk, but that isn't what I'm talking about.
- astura 9y ago
  "Guarantees" Just like the "guarantees" Bernie Mandoff made to his "investors." The money has to come from somewhere and the underlying assets producing returns are speculative. If the underlying assets don't produce enough return for the company to offset losses, then that guarantee is worth the paper it's written on.
  - akvadrako 9y ago
    Like I said, they have solid financials. The loans they sell are at much higher rates.
    - astura 9y ago
      Their "solid financials" don't change the fact that their "guarantee" is entirely based on speculative investments. If the returns are lower than expected they can't fulfill the "guarantee." I say this as someone who invests in P2P loans. They are speculate investments.
      - akvadrako 9y ago
        Man, you really don't like this company for some reason. It's more like a bank than a pyramid scheme, except they have higher reserves. Sure, theoretically something could happen and all their customers may default on their loans, but by your logic even cash is "speculate" because your house could burn down.