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RE: SBD just hit $18 USD - lock in your gains now with SBBank!

in #sbbank6 years ago

How do you plan to make the money needed to pay the interest? If you’re investing the money how do you plan to insure you can cover losses if they occur? Between every account listed you have under 20,000 Steem, which is a lot but not enough. Not to be harsh but crypto has had a lot of issues with investments like this turning bad

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Our fund has a very low risk profile, we haven't had a single losing day since inception in early November:

Personal Steem balances aside, the fund has another 10K AUM + ~7K of company equity :)

The markets been going up recently so I wouldn’t doubt that, but how are you diversifying? Stocks, bonds, crypto, etc? Also if a recession is to occur how insulated are you? A 10% rate is hard to garentee without extra cash or at least a years track record.

I get it’s annoying to answer these questions but it’s important information for any potential investors.

Not at all, understand completely. Unfortunately we can't divulge too much regarding specific investment strategies. SBBank funds are deployed in our lowest risk strategy which centres around short-term collateralized debt. SBBfunds aren't used to speculate in crypto, forex or equity markets.

We have set fixed rates low enough to ensure we can meet them comfortably - feel free to drop in to the discord server and have a chat with @bulleth if you have any more questions :)

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