Yeah anything above 10% starts raising flags. Sure the SPY index can return yields way above that sometimes, but anyone promising 10% and above just raises a lot of flags for me.Why to I get long con vibes from this? I can't seem to find who they're backed by or their origin story or where or how your money is put to work. Admittedly, I might be missing the obvious and didn't take the time to explore properly. As an investor though, you must have done your due diligence and something convinced you this isn't a long con. Perhaps care to share what that is?
Seems like a mom and pop shop (dad and son) and that's never comforting
Im not a financial expert nor do I claim to be one. But I have heard a lot of horror stories so I always have a guard up against people promising high returns.
Not offering any advice here as im not a financial advisor