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Back when the 10-year treasury was yielding ~0.6% per year, investors were lured into deals that promised annual returns of 15% to 30%, with the "safety" of rea
by cs702 2y ago
Back when the 10-year treasury was yielding ~0.6% per year, investors were lured into deals that promised annual returns of 15% to 30%, with the "safety" of real estate assets.
As always and as ever, whenever an investment opportunity sounds too good to be true, it probably isn't.
There's a great quote in the OP:
"When you’re at a casino, you know what you’re doing is gambling. ... Here, people were gambling but they didn’t know it."