Earn 8%

[Luckydog]

My wife and I saw an advertisement for a lunch and Learn investment seminar held by BridgeWell Capital... "Earn 8% Fixed Monthly Income with High Security and Liquidity". We attended and were very impressed by what they had to say. Next step is to set up a "free" one hour consultation with Triad Financial Center, who represents BridgeWell Capital to continue to learn. I think we are going to set up the follow up meeting but I was wondering if anyone on TOTV has heard of or has done business with BridgeWell Capital or Triad Financial Center? Any information would be appreciated.

[rjm1cc]

I do not see how a business could do this today even if they did not pay the salesmen.
Be sure to allow a few days after the presentation if you are going to buy. I would also go to another planner and ask if they can do the same.

[hollander]

Triad Financial Complaints you can google it. Lots of complaints fyi. If it sounds too good to be true......

[villagerjack]

8% sounds like a return that would involve some risk?Ask them to define the risk for you. If they say there is no or little risk...run, don't walk to the exit.

[Bryan]

I hope you enjoyed the "free" lunch, that's probably the best return you'll get from this.

[Parker]

Sounds like baloney was on the menu at that free lunch.

[BarryRX]

The business model is legitimate. They lend money to people that flip houses (people that buy homes in foreclosure and spend money to fix them up and then sell them at a profit). Often, these people need money to finance their endeavors for a short time, and this is called a bridge loan. Of course, there is risk in such a loan. If property values drop again, the home may become worth less and they may not be able to repay the loan. One of the keys to such an investment is a rigorous service platform. Someone has to be calling the people up monthly and making sure they pay their loan. So I would ask them how they service these loans and if they do it themselves or they subcontract it out. I would also ask them what their default rate is and the,source of their own funding. Is it just from investors or have they borrowed a lot of money to then loan out to builders. But, one rule that is etched in stone is that the higher the yield, the more risk is involved.

[Mimivillager]

Sometimes these high rate are only for a short time and the investment reverts to a much lower rate.

[JourneyOfLife]

I would not even consider it!

[villagerjack]

The business model is legitimate. They lend money to people that flip houses (people that buy homes in foreclosure and spend money to fix them up and then sell them at a profit). Often, these people need money to finance their endeavors for a short time, and this is called a bridge loan. Of course, there is risk in such a loan. If property values drop again, the home may become worth less and they may not be able to repay the loan. One of the keys to such an investment is a rigorous service platform. Someone has to be calling the people up monthly and making sure they pay their loan. So I would ask them how they service these loans and if they do it themselves or they subcontract it out. I would also ask them what their default rate is and the,source of their own funding. Is it just from investors or have they borrowed a lot of money to then loan out to builders. But, one rule that is etched in stone is that the higher the yield, the more risk is involved.

My educated guess is, as with other similar loans, like construction Ioans interest rate reserve is built into the loan and no payments will be required until the home is sold, hopefully at a profit. This is not really a bankable deal otherwise they would go to a bank and have to show a solid balance sheet with strong capital and other ways to pay the loans other than the sale of the asset which is also the collateral (hopefully it is collateralized but they could take shortcuts here as well such as not recording the mortgages because of the municipal fees that may be involved. This is something fir a really seasoned, knowledgable investors, probably not for a retiree who is schooled as a banker, for that is what you are, a banker.

[Challenger]

My wife and I saw an advertisement for a lunch and Learn investment seminar held by BridgeWell Capital... "Earn 8% Fixed Monthly Income with High Security and Liquidity". We attended and were very impressed by what they had to say. Next step is to set up a "free" one hour consultation with Triad Financial Center, who represents BridgeWell Capital to continue to learn. I think we are going to set up the follow up meeting but I was wondering if anyone on TOTV has heard of or has done business with BridgeWell Capital or Triad Financial Center? Any information would be appreciated.

If it sounds too good to be true , it is too good to be true. High returns, liquidity, low risks. A prudent investment cannot encompass all three, in fact even two is sometimes a stretch.

Please be careful and get the advise of a real professional before you invest.

[gustavo]

If it sounds too good to be true , it is too good to be true. High returns, liquidity, low risks. A prudent investment cannot encompass all three, in fact even two is sometimes a stretch.

Please be careful and get the advise of a real professional before you invest.

Why does 8% sound "too good to be true".

[Down Sized]

People just want to BELIEVE in the free lunch!

[Challenger]

Why does 8% sound "too good to be true".

Risk profile- Liquidity considerations etc. Investment decisions should be made after consideration of risk tolerance, financial position, needs for liquidity and other personal considerations. Any investment that did not have significant risk components and/ or liquidity concerns would not need to pay these rates.

If a person is not skeptical of the quality of an investment with and 8%rate, he/she probably needs competent professional investment advice.

[JourneyOfLife]

Why does 8% sound "too good to be true".

The OP listed: "Earn 8% Fixed Monthly Income with High Security and Liquidity"

Forget about debating 8%.

Take a look at the company's website.

[batman911]

Just like rolling the dice in Vegas.

[kellyjam]

My wife and I saw an advertisement for a lunch and Learn investment seminar held by BridgeWell Capital... "Earn 8% Fixed Monthly Income with High Security and Liquidity". We attended and were very impressed by what they had to say. Next step is to set up a "free" one hour consultation with Triad Financial Center, who represents BridgeWell Capital to continue to learn. I think we are going to set up the follow up meeting but I was wondering if anyone on TOTV has heard of or has done business with BridgeWell Capital or Triad Financial Center? Any information would be appreciated.

1st lesson that I was taught by my Professor of Economics in college;

"There is no such thing as a free lunch."

[Easyrider]

"Earn 8% Fixed Monthly Income with High Security and Liquidity"

Run in the opposite direction, no way. :crap2::crap2:

There is a show on CNBC called American Greed which is totally about this type investment and a lot of them actually do happen in Florida? Be a good idea to watch a few of the shows and see how easy it is to be suckered into parting with your money.

[rubicon]

You might want to know what regulatory agency regulates this company?

Flippers are what created much of the housing bubble and clearly the only people taking a real risk are people investing with Triad. This appears to be a Madoff scheme....just saying

[Bavarian]

Another high interest" investment I see are CD's. But that is only if you keep to maturity which often in 2147!

[Bavarian]

Remember, these financial advisors are out to make money for themselves. They push what makes money for them. I hope you all have a decent broker that you worked with for many years that you can trust. Don't fall for these high pressure salesman. Use your old stock broker back in your old home.

[Challenger]

Another high interest" investment I see are CD's. But that is only if you keep to maturity which often in 2147!

What do you consider as high rate CD ?

[Bonanza]

My wife and I saw an advertisement for a lunch and Learn investment seminar held by BridgeWell Capital... "Earn 8% Fixed Monthly Income with High Security and Liquidity". We attended and were very impressed by what they had to say. Next step is to set up a "free" one hour consultation with Triad Financial Center, who represents BridgeWell Capital to continue to learn. I think we are going to set up the follow up meeting but I was wondering if anyone on TOTV has heard of or has done business with BridgeWell Capital or Triad Financial Center? Any information would be appreciated.

When I think to myself that banks aren't even giving 1/2% interest, at a personal level, I would be frightened to death of anyone who says you can get 8% somewhere. Scary -- very scary. A number of Villagers have offered their opinion to your query; forewarned is forarmed!

[NIPAS K-9]

Sounds like baloney was on the menu at that free lunch.
ohhhhhhhhhh nice reply...........

[Villages PL]

My wife and I saw an advertisement for a lunch and Learn investment seminar held by BridgeWell Capital... "Earn 8% Fixed Monthly Income with High Security and Liquidity". We attended and were very impressed by what they had to say. Next step is to set up a "free" one hour consultation with Triad Financial Center, who represents BridgeWell Capital to continue to learn. I think we are going to set up the follow up meeting but I was wondering if anyone on TOTV has heard of or has done business with BridgeWell Capital or Triad Financial Center? Any information would be appreciated.

If it's 8% guaranteed for life, then I believe that a portion of the return is from your own money. It just depends on what percentage is in the contract. It could be 3%, 4% or more. If they are not above board, that information could be buried somewhere in pages upon pages of small print.

High security, liquidity, and high return? Maybe 5% of the return is from your own money. Who knows? I can't quite make sense of it without seeing the contract.

Tell them you want a copy of the contract and plenty of time (maybe a week or two) to look it over. Then get yourself a good magnifying glass.

[Shimpy]

If it was as good as it sounds then we'd all be doing it.

[jaringg]

My wife and I saw an advertisement for a lunch and Learn investment seminar held by BridgeWell Capital... "Earn 8% Fixed Monthly Income with High Security and Liquidity". We attended and were very impressed by what they had to say. Next step is to set up a "free" one hour consultation with Triad Financial Center, who represents BridgeWell Capital to continue to learn. I think we are going to set up the follow up meeting but I was wondering if anyone on TOTV has heard of or has done business with BridgeWell Capital or Triad Financial Center? Any information would be appreciated.
My self and several other friends have been doing business with this group for several years. The results have been very good.
Its mostly short term but the deals are always available.

[eremite06]

You might want to know what regulatory agency regulates this company?

Flippers are what created much of the housing bubble and clearly the only people taking a real risk are people investing with Triad. This appears to be a Madoff scheme....just saying

Flippers were enabled by the banks and Fannie and Freddie. And nobody has gone to jail as of yet.

[rjm1cc]

Why does 8% sound "too good to be true".

The government has been holding rates down for a few years and will probably continue for a few more. Look at what money market, CD's, savings accounts and government bonds pay. Lets say today a safe rate is 3% for a 10 year bond. 8% short term is so much higher it has to be a high risk investment.

[Dr Winston O Boogie jr]

My Amerprise consultant put me into a program where I earn a guaranteed 6% per year or whatever the market produces, whichever is higher. last year it produced 11%. The caveat is that I can't touch the money for three years. After that I can withdraw whatever I want.

[TNLAKEPANDA]

Be very careful with those types of ads.... if it sounds too good to be true it probably isn't.
A good Financial Adviser should be able to get you 8%+ in a conserve portfolio. We have been with Morgan Stanley out of Orlando for a long time and done quite well.

[lexusgal]

I have a friend who has invested significant capital with Bridgewell who feels this is one of the safest investment in his portfolio, because of the collateralization.