Investment Opportunity

thesaturdayman

Hi Guys,

I have an investment opportunity for someone, it comes risk free, with security & if required an affidavit can be done up by a solicitor of your choice.

who I am? im a professional working in the agri business sector with a large well known multi national, i hold a middle management position & am employed full time for a number of years now.

What the investment involves? please pm me for more details but the bottom line is its a return of 25-30% on your principle, repaid monthly over a period of between 18-36 months depending on principle. That is gteed by either security or affidavit but will be no need for that as it is entirely risk free.

How much is the principle? as mentioned please pm for further details but amount involved would be between 4,000 & 8,000 euro.

Talk soon for further details

gordongekko

thesaturdayman wrote: »

Hi Guys,

I have an investment opportunity for someone, it comes risk free, with security & if required an affidavit can be done up by a solicitor of your choice.

who I am? im a professional working in the agri business sector with a large well known multi national, i hold a middle management position & am employed full time for a number of years now.

What the investment involves? please pm me for more details but the bottom line is its a return of 25-30% on your principle, repaid monthly over a period of between 18-36 months depending on principle. That is gteed by either security or affidavit but will be no need for that as it is entirely risk free.

How much is the principle? as mentioned please pm for further details but amount involved would be between 4,000 & 8,000 euro.

Talk soon for further details

oh ok I will bite. Tell me more.

Value Hunter

I'll hazard a guess that its possible for him to be given stock options for the company he works with for below the current stock price, he mightn't have enough cash available for it so wants someone to partner with him, hence the affidavit and perceived risk free investment

thesaturdayman

Value Hunter wrote: »

I'll hazard a guess that its possible for him to be given stock options for the company he works with for below the current stock price, he mightn't have enough cash available for it so wants someone to partner with him, hence the affidavit and perceived risk free investment

that is about the long and short of it, what would the risk associated with this be?

Value Hunter

thesaturdayman wrote: »

that is about the long and short of it, what would the risk associated with this be?

Could just get messy doing it with a stranger from the internet, assume the share price drops massively (despite how unlikely it seems to happen) then the options are worth nothing as the price you were guaranteed is now more expensive then buying straight off the market

No problem if its just you involved, but if you brought someone in to invest money they could get awfully upset, I doubt your company would be too happy with your arrangement as well. They might find out if the other person loses money (or even doesn't make money!)and wants to 'get back' at you by telling your bosses about it!

Overall i'd avoid this plan, unless you can get family or close friends who want to be involved. Your jobs worth more

thesaturdayman

Value Hunter wrote: »

Could just get messy doing it with a stranger from the internet, assume the share price drops massively (despite how unlikely it seems to happen) then the options are worth nothing as the price you were guaranteed is now more expensive then buying straight off the market

No problem if its just you involved, but if you brought someone in to invest money they could get awfully upset, I doubt your company would be too happy with your arrangement as well. They might find out if the other person loses money (or even doesn't make money!)and wants to 'get back' at you by telling your bosses about it!

Overall i'd avoid this plan, unless you can get family or close friends who want to be involved. Your jobs worth more

few things there, everyone is a stranger until they meet. I wouldnt expect anything like that from anyone unless I met them first, introduced myself and who i work for (well known irish company) i am based in ireland after a number of years working abroad also.

i have only relocated here in last number of months and would loan it no problem only I have just set up a bank account and would have to wait until new year for loan (no issue with approval that I know of as amount involved is quite nominal relative to salary) plan would be to draw loan down and repay amount in full with interest. alas i only have 6 weeks to raise the cash to avail of share option. that is where the issue is. Nothing more to it really

thesaturdayman

Risk free 25 to 30%. Riiiiight.[/QUOTE]

yep i can explain it perfectly, what is the cynical tone about do you mind me asking?

risk free hence the legal document.

OP share options aren't as sure a thing as you seem to believe.

As a graduate with limited funds I wouldn't be borrowing money for that - especially at the rates you are quoting.

thesaturdayman

Deleted User wrote: »

OP share options aren't as sure a thing as you seem to believe.

As a graduate with limited funds I wouldn't be borrowing money for that - especially at the rates you are quoting.

cheers for the advice pg, but its not as straight forward as that! there is a quite a bit more to it really but appreciate your contribution regardless

W123-80's

Who covers solicitors fees?

I assume there will be a bit of work involved in putting together the affidavit?

alanceltic

Hate to pish on your parade but for ANYONE even considering this just be aware that there is no such thing as risk free, ignore what you are being told here. If somebody is prepared to try and convince you that something is "risk free" then draw your own conclusions as to why someone has to resort to internet courting in order to secure funds for a so called banker.

There are 101 things which could be flawed with "security", even if this person offered a first charge on a property it could take a lot of time/effort/money to enforce such a charge and even at that there are many things a person could do to obstruct any recourse on a so called "security".

As for an "affidavit", in very simplistic terms this is a legal way of saying "I promise" again numerous avenues to obstruct such an instrument.

Now that is before you even consider the merits or otherwise of investing in the equity markets.

Rule 1 If it sounds too good to be true it usually is. tread with caution.

thesaturdayman

alanceltic wrote: »

Hate to pish on your parade but for ANYONE even considering this just be aware that there is no such thing as risk free, ignore what you are being told here. If somebody is prepared to try and convince you that something is "risk free" then draw your own conclusions as to why someone has to resort to internet courting in order to secure funds for a so called banker.

There are 101 things which could be flawed with "security", even if this person offered a first charge on a property it could take a lot of time/effort/money to enforce such a charge and even at that there are many things a person could do to obstruct any recourse on a so called "security".

As for an "affidavit", in very simplistic terms this is a legal way of saying "I promise" again numerous avenues to obstruct such an instrument.

Now that is before you even consider the merits or otherwise of investing in the equity markets.

Rule 1 If it sounds too good to be true it usually is. thread with caution.

yep all valid and fair points, anything any one needs to know i will be totally and utterly upfront with, without lowering the tone are you some sort of legal eagle that can take apart affidavits? you are aware they are binding in irish courts?

alanceltic

Nope not a legal eagle but I do have some experience/exposure to how difficult it can be to try and "enforce" a legal document. The principals of an affidavit or charge on an asset are all well and good but if somebody really wants to move their assets beyond these agreements they can make it difficult to the point where it could costs more than the original amount invested.

I don't doubt your credentials and wish you well but even with the best of intentions the wheels can sometimes come off and people should be aware of the risks involved that's all.