Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Mortgage Investmens/Point Center Financial
Old 03-25-2006, 12:34 PM   #1
Full time employment: Posting here.
Join Date: Jan 2006
Posts: 899
Mortgage Investmens/Point Center Financial

I've been getting mail from an institution called Point Center Financial advertising 9-10% yields with "mortgage and trust dead investments." Normally this sort of stuff goes in to the garbarge unread but for some reason this peaked my interest.

This is an area of investing that I know nothing about so I would appreciate any comments or opinions that you have.

Some question that I would ask are: Is this sort of investment worth looking at? With current interest rates an investment that yields 10% from mortgages has to be high risk? Right? How do you evalate the risk of the mortgage pool? What about the institution offering the investment? If they go out of business do you lose your money or is there some protection like mutual funds for example where you still own the underlying investments? It look like they also do large real estate development, e.g. developing condo complexes in resort communities, and offer investments in that. Anyone have experiece with that sort of thing? It would seem to be high risk/high reward to me with the major variables being the competency and experience of the company managing the project as well as macro-economic factors?


mb is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!



Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Covering a mortgage without losing your ass(ets). Nords FIRE and Money 103 12-14-2014 07:48 PM
Equity Is Altering Spending Habits and View of Debt Craig FIRE and Money 6 02-21-2009 12:25 PM
Mortgage payments after Early Retirement walkinwood FIRE and Money 19 04-28-2007 06:45 PM
Pay off the Mortgage at Retirement??? bbuzzard FIRE and Money 89 04-16-2007 07:01 AM
Does your spouse share your financial goals? JustCurious FIRE and Money 41 02-17-2007 06:20 PM


All times are GMT -6. The time now is 11:10 PM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.