- #71
TheodoreLogan
WhoWee said:Investments have risk. Money deposited in a bank are considered safer and protected by the FDIC to a limit. The rule of thumb is the greater the risk - the greater the reward.
There is nothing (other than a lack of sufficient capital) to prevent any person from loaning money directly to a company or another person with the hope of a return. If a person wanted to conduct an ongoing business of loaning money to a variety of people - that might require Government approval and regulation (adds cost).
Ok... I am not sure whether you are agreeing or disagreeing with me though?
What specifically are you commenting on, or what specifically do you agree/disagree with?
Thanks.