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Weapon_R
04-05-2005, 07:32 PM
There is a financial group called Capital Alternatives that I read about this week in the paper.

They are offering a really good 1 year fixed rate that im interested in. Basically for a min. $5,000 down, 1 year term you get an 8% guaranteed rate of return.

I don't think you can get a guaranteed return anywhere near that high right now, so I was interested in finding out whether these guys are legitimate or not. Personally, i've never heard of them.

Shaolin
04-05-2005, 07:37 PM
hmm, i'd say its a scheme until I find out how they can guarantee investors 8% return.

Weapon_R
04-05-2005, 08:03 PM
I dont know either, but if they are insured by the gov't i'm going to do it this week.

D. Dub
04-05-2005, 08:30 PM
Originally posted by Weapon_R
I dont know either, but if they are insured by the gov't i'm going to do it this week.

It's not a scheme, more of a marketing twist ;)

What they are offering is a Preferred Share Certificate in their private corporation. Risk is the same as with any private corporation share(s).

....company goes kerblooey...investment goes kerblooey.

What they guarantee is the return on the shares, that is assuming they are still around in one year.

http://www.capitalalternativesinc.com/

Weapon_R
04-05-2005, 08:53 PM
Thanks for the link. Sounds like a bunch of BS to me.