All Forum Posts by: Michael Wang

@Bob Malecki while I do know that you do not agree with having someone taking full direction of your IRA funds such as this group set up for the unaccredited, I would like to talk with you as well, because I like to not only diversify our retirement portfolio, I also would like to diversify within each category. The money that is going to the group will sit there and ride. At the same time, I would like to at some point get in touch with you regarding options of this year's and upcoming SD Rotha IRA contributions I will be putting in this year and in the future years for me and my wife, and what options you may have for us. Please send me a PM on here, thanks!

@Jesse Kindra I have gone with Jeff with my initial SD IRA. Let's connect to keep in touch about the group if you do go in on the group. Yes John is a great resource! @Bob Malecki, is your fund one for accredited or non accredited investors?

while yes, Dave's fund has a higher preferred return, Jeff Brown's group is for those who are not yet accredited such as myself.  My plan is possibly to enter this group until I am accredited, then probably move to Dave's fund.  Yes it is registered with a Reg D exemption, I for one am following the idea of having several pillars, not all eggs in one basket.  I know it is debatable on how good EIULs are and who should get them, but they are a good fit for me and my wife.  We are doing the EIUL, this group(and into Dave's group once we are able), we have a few rental homes that we plan on eventually grow as they get paid off. That gives us 3 baskets I to spread the love around well I think.

the retainer is not a traditional fee.  It will be returned back to the investor. 

@Tim Jonasson, I sent you a message. Did you get those references?

Don, do you also have an investment group for the nonaccredited investors?  I read the info on your site for investors, and it looks like you only have options for the accredited.

However, the group's notes are run by a person who has been doing it for many, many years, where I am a noob.  one other problem with buying performing notes I am seeing is, that I am stuck with scraps of notes that other people that had first and second dibs didn't wait.  I am sure you can make good money buying your own notes.  However, the idea that someone with newbie knowledge of notes can make constant 8-10% year to year is appealing.'

I'm not sure if you're reading all my posts, but I'll reiterate, that there is no fee.  this is just money thats will just sit there for a quarter at most, because once I get my first disbursement, the money is returned.

I am actually more looking for people like me who are looking to get into a group, not advertising, but that's fine Jay, it's good to see what you all have available. Jeff's also does not require me to be accredited. Maybe you can also explain each of those items as well? the 100% invested principal, one not one investor, 50% CTL with 2 to 3x DCR.

The retainer isn't a big deal.  Per the contract of it, as soon as I receive any profit, I get the retainer back.  It's more of something to be sure I'm not just a random person wasting the company's time.  I can just toss it into the group as well.  In this investment group, the sophisticated investors get profits up to 10%.  Anything the group makes above 10%  goes to the company as their take.  It's all explained also here : 

https://www.youtube.com/watch?v=ZDsnc9T-KDc&list=P...

In a nutshell, anything up to 8% the investors get in a year.  If the group gets over 10%, the company gets all above that, and investors get all up to 10%.  I am not 100% clear on what happens if the fund gets 9%.  However, I don't see well managed notes bringing back less than 10% generally, so I figure the return I would be seeing is likely 10% annually.  I can live with 10% annually and letting it continue to ride.

Hi fellow BPers! After several years of lurking and reading a ton on here, I have decided to say hi, and see who else here is looking to get into the "Bawldguy Investment Note Group". Not the fund, but the new group, for all you fellow nonaccredited investors. Anyone here thinking about it, already sent in their retainer fee, or sent funds? I think this could be a good avenue for me to put part of our money in with good passive returns, letting money that goes in ride in our Roth IRA. Does the money you put in come from your Roth to the fund, then all the profits go back to the Roth? Anyways let me know who's getting in on this and your thoughts. I see accredited investors have only good things to say about the Fund that's now a few years old.