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Online Share Trading

Engage and learn about markets and trading online

http://www.wealthdesign.co.za/

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JulzM
Regular Contributor
Hi,Any comments on the following website......where individuals can buy up secured debt,and make returns of 30%,24%,and 19% guaranteed
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3 REPLIES 3
SimonPB
Valued Contributor
opportunity to earn 24% essentially risk-free income .. zero chance, you are playing in the unsecured lending space, check impairments for the banks in this space .. not even close to risk free ..
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partridge
Super Contributor
1. The site provides no indication of any registration status - eg with the National Credit Provider - which is moderately puzzling - as it seems they are a Credit Provider? Simon has summmed up the math.
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Not applicable
If memory serves there was an article on moneyweb about this scheme not too long ago.
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