baahb
First Time Poster
Cash: $ 0.50
Posts: 1
Joined: 22 Apr 2006
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| 2nd Trust investing |
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I am going into retirement and am looking at ways to increase my ROI. Is 2nd Trust investing a good or bad idea? I have an opportunity to invest in several 2nd trust notes at 12% through a licensed CA Real-estate broker. The properties have more than enough equity in them to cover the 1st and the 2nd plus some more. However, the borrowers have low FICA’s and I am a newbie to this type of investment. My funds are currently invested in the total stock market fund. Per Bob’s Advice.
I can see 2 downsides:
1. The property can lose value therefore not covering my investment in the case of a foreclosure.
2. The time it may take to recover funds via a foreclosure.
Anybody see any others?
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Sun Apr 23, 2006 12:01 am |
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MattL
Senior Member
Cash: $ 46.85
Posts: 234
Joined: 25 Jun 2005
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Sounds kind of risky to invest like that during retirement. I would focus on capital preservation and stable income producing investments that are less risky. For the "aggressive" part of my portfolio I would stick with stock index funds.
Debt Elimination
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Mon Apr 24, 2006 3:47 pm |
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aaa1
Contributing Member
Cash: $ 1.00
Posts: 33
Joined: 11 Jun 2006
Location: Florida
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There is a company I know who holds your money in a trust, and pays unbelievable ROI. They GUARANTEE your investment. If you want more info, PM me.
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Sun Jun 11, 2006 2:22 am |
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