Originally Posted by DaFace:
Referral links for investments huh? Seems legit.
It's pretty popular with a lot of the new robo-investors and other online only investment options. They want to build AUM. In this case, the more money they get from new referrals, the more buildings they can create across a more diverse geographical area and they'll end up a safer more stable business. You're sort of getting a discount for helping bring in money based on the risk of being an early investor.
It seems neat. The FAQ on the website under How it Works is only 5 questions. One of which is that you need to be an accredited investor so it's probably up to you to get the details of how it really works. [Reply]
Originally Posted by ChiliConCarnage:
It's pretty popular with a lot of the new robo-investors and other online only investment options. They want to build AUM. In this case, the more money they get from new referrals, the more buildings they can create across a more diverse geographical area and they'll end up a safer more stable business. You're sort of getting a discount for helping bring in money based on the risk of being an early investor.
It seems neat. The FAQ on the website under How it Works is only 5 questions. One of which is that you need to be an accredited investor so it's probably up to you to get the details of how it really works.
They put you in the main fund to begin with- which has 40 plus diverse funds. As your balance increases- more investment options are available. [Reply]
I have some volatility signals going bullish but the down trends are strong right now. Though the QQQs are putting in what could be a nice double bottomg. SPYs are close to the same. [Reply]
Grains are up hard in all this Russia/Ukraine stuff. I shouldn't have sold my Bunge and ADM play. I have a notion to get back in but hooo boy that chart doesn't look conducive to a buy. [Reply]
Goddamn. Why didn't we all buy Hershey in December when things went to shit? It's backed off some and might be a buy again, but I'm guessing the big move is over. [Reply]