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Done correctly, it’s investing at an awesome interest rate. Buying a bond that has a 10x return with a 50% default rate is still a great investment.
by treeman79 6y ago
Done correctly, it’s investing at an awesome interest rate.
Buying a bond that has a 10x return with a 50% default rate is still a great investment.
- sandworm101 6y ago>> 50% default rate If only 50% of tickets are defaulting, there is something very very wrong with that lottery. This is more like a bond that pays a 100x return but has a 99.9% default rate.
- treeman79 6y agoYes.