How should I invest?

Question

I am 25. Single. Homeowner. I have about $1000 a month that I can Invest in something. I have an on-line savings account now that earns 3% apy. How else could I maximize the interest I earn.

Answer 1

The following are the investment highlight



Minimum investment requirement is $25,000



Investment funds will be used to fund loans and hold them on short terms before they are sold to Bank of America Countrywide…the process usually only takes 3-5 days.



All loans have quality control done to them, and an investment commitment is already included when loans are funded.



Three different terms are provided, including 1month, 6 month and 12months.  Funds can be taken out at any time with written notification and 24 hours to process the payment.



In-order to provide our investors with the proper level of transparency, a registered public CPA firm will be conducting a quarterly financial audit.  The audit will review the financial health of the company and its investments.  The report will be sent out quarterly.



Bass Financial has been incorporated in Illinois for over six years, and has been funding loans as a Correspondent lender the past four years.  References are available upon request, the company has no investor capital loss ever.  



Monthly statements will be sent to each investor, and will be received by the 10th of each calendar month.



Interest will be paid by selecting one of the following options:

1.       Investors can select to have interest payment paid out monthly as an annuity.

2.       The interest can be accumulated and added back to the principal, so the interest is compounded every month and interest is earned interest from that moment on.



All investments will be documented and a promissory note will be provided the day the funds are received by bass Financial Corp.



Our goal is to provided a higher level of return on your investments then your local Bank or Mutual funds.  We understand that good service and guaranteed returns will open the doors for referrals and more capital to be invested.  Currently we are funding between 30-50 per month, business has been growing and the future outlook is promising.  We look forward to working with our investors, and growing the business with this exciting opportunity.  

  











Investors

The Opportunity

Bass Financial Corp offers the opportunity to invest securely and conservatively while achieving a regular income with consistent higher returns. Security is provided by Secured Promissory Notes, registered mortgages property, a capital and income guarantee and a charge over all company assets.

Investment Highlights

$25k minimum investment

Bass Financial Corp offers High Return of 8.75% --10.0% annually

Loan applicants carefully, conservatively assessed by Bank of America / Countrywide

Perfect security record - no investor capital loss ever

All loans secured by a registered mortgage

Capital and Income Guarantee

For more Information, please call 847-501-3400 Ext.222

Security

Repayment of all Secured Promissory Notes and accrued interest is secured by floating charge over all the companies’ assets, a Capital and Income Guarantee and a Director's Guarantee. Application moneys are held in a dedicated bank account and they are held under the same security applies in respect of any bank deposit

Underlying Security

Residential real estate secured by registered Mortgage.  Our loans are secure by Bank of America underwriting standards, and most loans are purchased within a 3-5 day period.  The funds allow Bass Financial Corp to secure funds in-order to table fund loans before the mortgage and note are sold off to our investor.  

Underlying Guarantee

A Guarantee granted to Secured Promissory Note holders by Bass Financial Corp. It covers immediate losses of capital and income. The guaranteed minimum company and director’s equity shall be 10% of total loans. Combined with our average loan LTV being below 85%, the result is that our Secured Promissory Notes have a superior level of security. The guarantee is not conditional on company performance.

Current Return

$50,000 - $250,000

  



Return on Investment(%pa)

  



Investment Term

       1 month float

   6 months

12 months



1 - 6 - 12 month(s)

8.75

9.50

10.00



Note: the above rates are current as August 1st, 2008 and are subject to variation.

Risks

When investing with Bass Financial Corp, as with all investments, it is important to consider potential risks and we encourage you to consult your independent investment adviser/accountant. Possible risks include a severe economic downturn, income risk, changes in government policy, investment risk, default, liquidity and other risks that your investment adviser may advise of.

We actively mitigate risks through sector diversification, area diversification, no loan is more than 15% of total portfolio, conservative lending, all loans are property secured, all legal documentation is completed by legal professionals, our lawyers and values all have professional indemnity, no loans advanced to related companies and all loans are approved by our principal director.

TAXES

Investors will receive a 1099-INT form 30 days after each calendar year.

Can I withdraw funds from a loan before the end of term?

All Funds can be withdrawn at anytime, since Bass Financial Corp uses the funds to cash flow 3-5 day transactions, funds are available within 24 written notices.

Answer 2

Hello Anthony,

This may seem like a strange answer but I believe the best way to invest is in yourself. I was able to retire at a early age with no money worries whatsoever for me, my wife, our five children and our grandchildren. It's a great feeling to not have to count on a job or financial institution or even a retirement plan that may never be there when needed. I am always available to answer your questions and help in anyway I can.