Investy. Think one of the opportunities Olly has mentioned is for acting as a backer for the developer. (Not a large developer, but an individual with a good development track record.) Exit strategy etc is taken care of for you. If it’s the offering I’m thinking about the value of land used as security was worth circa 20% more than the funds being raised, so risk was low for investors.
As for the US, I agree with Olly’s comments on the other thread. Just be sure not to get caught out with having an inactive account that US Government can legally seize funds from. (Think that can only happen after a couple of years of no activity on the account, but am sure another poster will put me straight on that one.)
Feel like I’m trying to catch a falling knife in the US at the mo. American company I work for has sold its British arm. British employees can now sell their shares in company. Most are waiting for bulk sale date (end of month) but I opted to sell early as felt share price was high. Anyway, it’s a paper process. We fax them our request and they place it in a queue to be manually worked. We don’t know transaction has taken place till a few days later when funds appear in our accounts. Share price is almost 10% lower than when I instructed them to sell last week and the funds aren’t in my account yet. Hope the proceeds appear in my account shortly!
|