New Investment Platform

[bible]

Hey y'all,

If you guys are interested in learning about a relatively low-risk/high-reward platform that's a better alternative to a high-yield savings account I would look into Bankr.rsvp. It's a mobile banking app built like cash-app but allows you to lend your money out to qualified users using the Bankr risk-management system, essentially what traditional banks do except the savers are getting 2% APY at traditional banks versus a much higher and more frequent return with Bankr.

Lmk thoughts please

 

[Charlie]

6 month treasury over 5% the risk adjusted return on this cannot be worth

No such thing as low risk/high reward, scared money don't make no money

 

[bible]

6 month treasury over 5% the risk adjusted return on this cannot be worth

No such thing as low risk/high reward, scared money don't make no money

The expected return is up to 20% roi bi-weekly, can't leak more, but 28-day delinquency rate on our algorithms is <8%

 

[Charlie]

The expected return is up to 20% roi bi-weekly, can't leak more, but 28-day delinquency rate on our algorithms is <8%

That would turn at $1,000 investment today into $46k by the end of the year...

Only a fool thinks that kind of thing is possible

 

[bible]

That would turn at $1,000 investment today into $46k by the end of the year...

Only a fool thinks that kind of thing is possible

There are companies doing it right now, just not on a peer-to-peer platform. Banks are doing something similar but not targeting the same loan type Bankr is targeting. The loan type Bankr is targeting decreases loan length and increases APY to near usury law limits allowing for the lenders to get fast returns, and with proper risk management and KYC implementation companies keep delinquencies around a national average (~3-6% after 28 days). It's much more obvious and doable if you can figure out the market I'm referring to, the loan type, and do 10-Q/10-K research on companies that provide the service but take interest profits for themselves.

 

[ahmad]

yes here to learn