Thread: Side Hustle
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Old 12-14-2020 | 06:49 PM
  #298  
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Originally Posted by GucciBoy
How about I give you $100K & you give me a guaranteed 15% return for 10 years? You can keep the rest. You can collateralize the deal with your portfolio.
15% is pretty steep ask for a loan collateralized by a portfolio. 4-7% in a margin account would be a much better deal.

Fidelity Margin Rates
Tradestation Margin Rates
Tastyworks Margin Rates

Originally Posted by mispoken
I think investing other peoples money is where it goes from “fun”, to “not fun”.
Amen to that! The "not fun" aspect of investing other people's money is what kept me from accepting partners in any of my real estate deals. Explaining my decisions on distributions vs reinvested earnings didn't sound all that appealing.

At some point there may be a place for passive investors in syndications, but that day isn't here yet. If it does happen, there will be very clearly spelled out expectations about management, distributions and capital events. Aw crap, I think I just talked myself out of it again...
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