Quote:
Originally Posted by motion
That's a nice bundle of scratch for starters...
I don't have much tolerance for risk these days, and have lost too much money on equities, so I'm playing it much safer. My plays:
Microlending: Lendingclub.com, prosper.com. 11-15% interest is fairly safe.
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That's about what I've been paying through friends/family/angel loans to cover expansion and cash flow. To me, it's cheap money as I have the opportunity to grow in a down economy while banks do nothing for Main Street. Hope to close a small private placement by the end of the year though.