Sidebar Sidebar
Become a MacRumors Supporter for $50/year with no ads, ability to filter front page stories, and private forums.

Would investing in something like this ever be worth it?

waloshin

waloshin

macrumors 68040
Original poster
Oct 9, 2008
3,560
394
http://www.esecuredata.com/AdoptAServer/Forms/AllItems.aspx

eSecureData.com's Adopt-A-Server Program

eSecureData.com's unique Adopt-A-Server allows you to participate in one of the world's fastest growing technology companies, enjoying spectacular return rates with credible risk levels. Invest for as little as $17,000 USD and get a return of up to 20% per annum, compounded!

Adopt-A-Server with eSecureData.com and you will get 50% of the revenue from this server for a 5 year term. Presently, our Generation 6 Standard servers rent for $179 USD/month. With your initial investment of $17000, you will be adopting 5 servers and will get 50% of the rent ($447.50 USD) per month for 60 months. Your initial investment of $17000 gives you a return of up to 20% per annum, compounded.

The Catch?

There really isn't one.

You gain by:

*

Making up to a 20% return per annum
*

Getting cash back on a monthly basis with no maintenance whatsoever on your part
*

The initial investment is more than paid back in the first 2 years and income from years 3-5 is all profit!
*

Making a significant return with a low initial investment

So after reading that I would assume you pretty much buy them 5 servers for $17,000 and after 5 years there not yours anymore?
 
A guaranteed 20% return and there is no catch involved? I'm sure this is how Bernie Madoff pitched his schemes. I wouldn't touch it with a 20-foot pole.
 
IMO the best investment these days is something alot safer than that..

Over the years Ive invested money in various stocks and startups and have lost it all. Out of all the people I have ever met in my life, I know less than 3 that ever made significant money in the stock market (this does not apply to those that inherited stocks, or were given stock options through work), I dont know anyone who made money with a venture capital project...
 
20% of return with no real catch feels to good to be true.

Anything that feels to good to be true is 99.9% is not true.

Investing in it would just be throwing your money away.
 
The only catch is that if they can't find enough paying customers to fill those 5 servers, plus a whole lot more servers to make the whole business viable, then the business goes belly up and the investors get bupkiss. But, other than trying to grow a new business in this economic client, there is no downside..... Wonder why the banks aren't involved in this one, eh?
 
snberk103 said:
The only catch is that if they can't find enough paying customers to fill those 5 servers, plus a whole lot more servers to make the whole business viable, then the business goes belly up and the investors get bupkiss. But, other than trying to grow a new business in this economic client, there is no downside..... Wonder why the banks aren't involved in this one, eh?
Click to expand...

The only catch? The only catch is that they say you can make a nearly risk-free 20% in an economy where risk-free rates are well below 5%.
 
Badandy said:
The only catch? The only catch is that they say you can make a nearly risk-free 20% in an economy where risk-free rates are well below 5%.
Click to expand...

I believe the current risk free is .14%. Comparative to this 20% return, a 5 year T-bill is paying 1.59%. There has got to be quite a bit of risk involved in this investment; 20% return is over 18% greater return than a 5 year T-bill (which is relatively low risk). The risk and liquidity premium on this investment are really high. Personally, I wouldn't touch it; anything that essentially promises a 20% return with little risk in a market where little risk is returning less than 2% has to be too good to be true. But hey, if you're willing to take the risk, it isn't impossible that it will pay off; I just prefer to be a lot more conservative than this with my own money.

heehee said:
Did anyone not read this? I didn't read the whole thing, but I don't think it says what happens if you want to back out.
Click to expand...

That's definitely part of why they would have to pay such a high return. Who the hell is going to buy this investment from you? There is very little market for it.
 
This is the part I don't get:

waloshin said:
Adopt-A-Server with eSecureData.com and you will get 50% of the revenue from this server for a 5 year term. Presently, our Generation 6 Standard servers rent for $179 USD/month. With your initial investment of $17000, you will be adopting 5 servers and will get 50% of the rent ($447.50 USD) per month for 60 months. Your initial investment of $17000 gives you a return of up to 20% per annum, compounded.

The initial investment is more than paid back in the first 2 years and income from years 3-5 is all profit!
Click to expand...

OK, how is the initial investment "more than paid back" in two years?? They say, and the math says, that you get $447.50 per month in rent. That means 38 months to recoup that $17,000. Is this 20% return something else? An interest payment? Something tells me that there is some strange language going on here.
 
samiwas said:
This is the part I don't get:



OK, how is the initial investment "more than paid back" in two years?? They say, and the math says, that you get $447.50 per month in rent. That means 38 months to recoup that $17,000. Is this 20% return something else? An interest payment? Something tells me that there is some strange language going on here.
Click to expand...

yes, some funny math indeed........and of course if you actually got 3%, that would technically fall within the UP TO 20% statement....by saying "up to" they aren't actually saying you WILL get that return :p

And of course all this assumes they actually rent the dang servers, because if they don't.......well, you wouldn't even get your initial investment back :eek:
 
You must log in or register to reply here.
Register on MacRumors! This sidebar will go away, and you'll see fewer ads.
Top Bottom
Back