Norada Capital Management notes

[Craig Salzer]

There were some old threads, so I'm starting a new one.  Any have any experience investing in the Norada notes?

[Chris Seveney]

@David M.

If it’s unsecured debt it’s just like a credit card. Significant risk involved in any unsecured debt.

Personally I would not touch lending $ out to unsecured debt. Way too much risk involved.

Much rather make 8-10% secured than 12-15% unsecured