Mainly for a family trust for my nephews..bank a whopping 2.5 percent
Unbelievable they say their lending costs are up so they increase rates but stuff the people with money in there...l almost made an agreement to borrow the money from them then do a loan repayment but so much drama and loan was for tax purposes so bit hard to be in charge of it...seriously makes sense
Give saver 5 percent give loan at 10 percent but for not risky loans
9 percent even reasonable business making 4 percent on people's money but every party winning...suppose it's easier said than done
Over in the other plays it's simple
Raise cash to start the pyramid then let share price run beyond belief to keep the raisings going to grow business...l would not want to be holding or playing once all escrowed cheap shares are on market but for now happy to play with cheaper version of big brother...reality is in future shorting them will be the way to go
Imo anyway
For now happy days
WZR Price at posting:
8.3¢ Sentiment: Hold Disclosure: Held
