"Fastlane" is an entrepreneur discussion forum based on The C.E.N.T.S Framework outlined in the two best-selling books by MJ DeMarco (The Millionaire Fastlane and UNSCRIPTED®). From multimillionaires to digital nomads to side hustlers who are grinding a job, the Fastlane Forum features real entrepreneurs creating real businesses with one goal in mind: Freedom— both financial and temporal.
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True, but that is exactly the point of investing. You are being compensated for the risk that you will not get your money back. If it was guaranteed that you would get your money back, the yield you would receive would be very close to the T-bill/note/bond rate. With investments, like life, nothing is guaranteed.Similar to www.prosper.com . There are others as well. Problem is there is no guarantee you will ever get your money back. These loans are unsecured. With the worsening economy there has been an increase in defaults. I have over 50 loans with prosper and 10 are either late or in default. I can't lend money unless its secured by real estate or something else like the borrowers kidneys or heart
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