12-26-2022, 11:02 PM
Has anyone heard of invest.groundfloor.us? If so, what do you think?
<!-- SC_OFF --><div class="md"><p>So if you look at my post history I'm in an extended comment chain with someone who is making a number of grandiose claims. </p> <p>One of them is that they get 30 percent YoY returns. They say they follow the same methodology of <a href="https://invest.groundfloor.us">this website </a> only with private loans.</p> <p>Barring obvious insanity, the website got my attention. It claims to offer relatively risk free returns of 10 percent.</p> <p>This seems like a red flag to me. I feel like if you could guarantee 10 percent returns you'd just be doing that. </p> <p>Can anyone with more knowledge than me explain what's going on here?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Flaky_Bee_2599"> /u/Flaky_Bee_2599 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/zvedn8/has_anyone_heard_of_investgroundfloorus_if_so/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/zvedn8/has_anyone_heard_of_investgroundfloorus_if_so/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>So if you look at my post history I'm in an extended comment chain with someone who is making a number of grandiose claims. </p> <p>One of them is that they get 30 percent YoY returns. They say they follow the same methodology of <a href="https://invest.groundfloor.us">this website </a> only with private loans.</p> <p>Barring obvious insanity, the website got my attention. It claims to offer relatively risk free returns of 10 percent.</p> <p>This seems like a red flag to me. I feel like if you could guarantee 10 percent returns you'd just be doing that. </p> <p>Can anyone with more knowledge than me explain what's going on here?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Flaky_Bee_2599"> /u/Flaky_Bee_2599 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/zvedn8/has_anyone_heard_of_investgroundfloorus_if_so/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/zvedn8/has_anyone_heard_of_investgroundfloorus_if_so/">[comments]</a></span>