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Earn .5% to 3% daily with very limited risks!?

6/17/2007 10:40:01 AM

 I recently explored the use of Secondlife banks. While searching I found out about JT Financial (secondlife link) which is a fairly popular inworld bank that pays the best rate I've seen so far. Below is a description of their bank/rates from their website: jtfinancials.com...

JT Financial offers our customers a sound banking system. We strive to offer a very competitive if not the best interest rate available on SecondLife along with a very supportive and friendly customer service. We can offer a very competitive interest rate because customer's funds are invested in a Real-World high-yield investment strategy that can provide us returns of .5% to 3% daily with very limited risks.

Setup of accounts is very easy. You simply pay one of their atms and your account is automatically created. You can check you balances by typing /10 balance and withdraw money by entering /10 withdraw AMOUNT where AMOUNT is the amount you wish to withdraw. You can do you banking anytime 24 hours a day.

JT Financial

So far I have I have received regular desposits of my interest daily from JT Financial as advertised. I think they run a really good system and service... whenever I've gone to the main bank, there are always customer service people there to help.

However, since there is no insurance of any kind, you could potentially lose some or all of your money. The continued interest and as well as your principle being preserved is dependent upon JT Financial's investments continuing to make money.

I believe the best strategy would be to spread your extra Lindens among several different respectable banks. I will be looking into other options to help diversify the risks.


COMMENTS:

Midas is presently offering 0.2% interest daily; Ginko is at 0.13% as is Allenvest.
Posted by: Nobody Fugazi
Date:
6/22/2007 4:19:29 AM
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Thank you for the tip Nobody!  I will check them all out.
Posted by: Jeremy Barkkorn
Date:
6/24/2007 10:08:34 AM
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How does this really work
Posted by: Mt Kenya
Date:
11/6/2009 2:38:27 AM
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Unfortunately, most of these banks are no longer operational. JT Financials has become: slcapex.com, where you can now buy and sell shares of individual companies within Secondlife.
Posted by: Jeremy Ryan
Date:
11/6/2009 10:07:38 AM
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Posted by:
Date:
1/3/2010 3:33:31 AM
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