Thread: A question about finance, if I may...

make sure you have paperwork and obviously agree a snesible rate of return.
and remeber friends and money are oftne a bad combination

Thank you for this wonderful interpretations

Frankly, I do not know how I can Msaatdk

If I were you I would take money from my friends, it's better from some unknown people or even a bank.

In fact, the main reason that the US has the largest economy is because its residents have had the most trust in one another. We consider signatures on contracts to be binding (because we trust the legal system to enforce signed contracts) and in most business transactions, we even rely on the other party’s word. But now, we see what happens when trust comes into question. Parties stop dealing with one another and the economy shrinks. Other countries have smaller economies because they have less developed systems of trust and we are now have a taste of what goes on in other economies.Trust has the same impact on the micro-economy of your business as it does on global trade. Your prospect does not buy from you because the investment has a terrific ROI. They buy from you because they trust you. In their eyes, you are the trusted advisor.
Panicky investors and savers visualise a world that has been turned upside down by a sovereign debt crisis that breaks both the euro and flattens the once mighty dollar. As the west sinks into a quagmire of its own making, demand plummets and the world is dragged into another Great Depression. Even the emerging markets of China, India and Brazil are affected as export markets shrivel. Political instability follows, with riots on the streets and unemployment at levels not seen since the 1930s. This nightmare vision has rattled investors around the word, driving the gold price ever higher. Of all the precious metals, it is the most popular as an investment. Since the earliest times, it has been seen as both a symbol of prosperity and a store of wealth. In the modern era, it has been bought as a hedge against economic, political or social crises, and as protection against the plummeting value of currencies.

Originally Posted by IanFreeman

make sure you have paperwork and obviously agree a sensible rate of return.
and remember friends and money are often a bad combination

HI,
That was true enough.. and i agree with you with that thought that friends and money combination is bad..and make sure you have a agreement on how and when to returned that money in good condition...

It is true enough .. and I agree with you in mind that friends and money mix is ​​bad .. and be sure to get an agreement on how and when to return the money in good condition ...

If you trust your friend and he trusts you I don't see any problem taking money, but you should agree the conditions of the borrowings.