5 ms·
boasting about a 15% annual return with an illiquid stake in a early to mid stage private tech company is the opposite of “too good to be true”
by tempsy 7y ago
boasting about a 15% annual return with an illiquid stake in a early to mid stage private tech company is the opposite of “too good to be true”
- SkyMarshal 7y agoI'm a little slow this morning but am having trouble parsing what the opposite of "too good to be true" is. Too bad to be false?
- tempsy 7y agomeaning it's plainly bad the risk you take to earn 15% is way too high to justify such a small return. if you want to earn 15% just invest in some REITs and call it a day
- zepearl 7y agoCould you please expand "REITs"? (no clue what a REIT is)
- icedchai 7y agoREITs are "real estate investment trusts." Basically they are stocks in companies that own tons of property, bring in large amounts of rental income, and have to pay out a percentage as dividends. Many people like them for that guaranteed dividend.