Paying a friend to manage my money? - Page 3
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Thread: Paying a friend to manage my money?

  1. #21
    Junior Member
    Join Date
    Jul 2016
    Posts
    16
    It's hard for me to believe anyone would actually think this is a good idea.

    Last edited by RussT; 2017-01-11 at 09:45 AM.

  2. #22
    Senior Member
    Join Date
    May 2012
    Location
    Winnipeg, MB, Canada
    Posts
    210
    You said he made 350% on his $5K, so he already has $17.5K of his own money. Lets be conservative and say he only has worse years from here on that give him 100-200% annually.In 10 years, this guy should have $17 million upto $1 billion made out of his own $17.5K. If he has some good years in between, you do the math. Why does he even need your money?

  3. #23
    Senior Member
    Join Date
    Aug 2013
    Posts
    333
    Quote Originally Posted by RussT View Post
    It's hard for me to believe anyone would actually think this is a good idea.
    At last count the OP is probably the only one


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