Get $50 to invest when you refer a friend (we'll give your friend $50, too!).
Once your friend invests $100, you'll each earn a $50 credit to invest on Groundfloor. You will receive your credit 30 days after your friend completes qualifying investments.
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Inventory Financing and Alternative Investing in Inventory
Buyers are paid on a โfirst outโ basis as product packs are sold, and receive a pre-determined percentage profit on each pack sold (typically between 5-15%). Prospective investors should note that those return percentages are not annualized, so depending on the terms of the specific co-op, may represent a substantial upside potential.
Kickfurther is a novel marketplace where brands who sell physical products can find backers to finance inventory, which is sold on consignment. The repayment period can be relatively short (often a few months) with attractive returns, but prospective investors should be sure to understand they are purchasing physical product inventory, not an investment security.
As an example, it may cost $20 to manufacture an item, and buyers are paid $22 when the item is sold 3 months later, representing a 10% profit margin, which is approximately 40% when annualized.
You will get a $5-$9 that you can invest in a variety of fractional stocks.
Review: A Simple, Fee-Free Investing App Public gets high marks for its fee-free investment options, quick customer support and simple app design, but the lack of an IRA is a significant downside. R.J. Weiss, CFPยฎ Updated December 12, 2022