Crowdfunded Real Estate Investing: Is Due Diligence by Individual Investors Even Possible?
A surprising takeaway from peer-to-peer lending through Prosper and LendingClub was that the borrowers who most strongly promised to pay you back (e.g. “I promise I will pay you back, so help me God, thank you so much”) turned out to also be the most likely to default. If you extend that to crowdsourced real […]
The Scary Clause in Fixed Index Annuity Contracts
Allan Roth takes a closer look at the role of fixed index annuities as part of an “efficient” portfolio, and as usual finds all of the holes in the argument using precision and knowledge. The first thing about fixed index annuities is that no two are the same – the insurance companies don’t want to […]
