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Earn 8%

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Old 01-15-2014, 12:15 PM
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Just like rolling the dice in Vegas.
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Old 01-15-2014, 12:59 PM
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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."
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Old 01-15-2014, 03:42 PM
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"Earn 8% Fixed Monthly Income with High Security and Liquidity"

Run in the opposite direction, no way.

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.
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Old 01-15-2014, 03:46 PM
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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
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Old 01-15-2014, 04:09 PM
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Another high interest" investment I see are CD's. But that is only if you keep to maturity which often in 2147!
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Old 01-15-2014, 04:14 PM
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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.
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Old 01-15-2014, 04:18 PM
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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 ?
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Old 01-15-2014, 04:25 PM
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Originally Posted by Luckydog View Post
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.
[SIZE="4"]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![/SIZE]
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Old 01-15-2014, 04:48 PM
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Sounds like baloney was on the menu at that free lunch.
ohhhhhhhhhh nice reply...........
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Old 01-15-2014, 05:18 PM
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Quote:
Originally Posted by Luckydog View Post
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.
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Old 01-15-2014, 05:19 PM
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If it was as good as it sounds then we'd all be doing it.
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Old 01-15-2014, 07:19 PM
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Quote:
Originally Posted by Luckydog View Post
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.
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Old 01-15-2014, 07:23 PM
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Originally Posted by rubicon View Post
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.
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Old 01-15-2014, 09:37 PM
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Originally Posted by gustavo View Post
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.
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Old 01-15-2014, 10:33 PM
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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.
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