Investing some of MAADI's isk

[Warcold]

Was wondering what you guys would think about investing some of MAADI's isk. I just invested 100M with Phaser Inc. who offer about 5% interest a week and I bet there are many more banks who offer about the same rates.
We're sitting on quite some dead isk atm and doubling a, say, 1B investment in 4 months is better than what we're doing with the isk now.
I know history has proved banks not to be the most reliable, but if we spread in vestments over 4 banks the benefits are bound to be bigger than the risk. (If one bank topples over in 4 months, there's still a 50% gain over that period with the given interest rate, if 2 topple over (highly inprobable) we'll still break even, just like we're doing now).

What do you guys think?
And if you think it's a good idea, do you know some other banks that you deem thrustworthy?

[Caradir]

Its eve

trust no one

however if you can afford to lose it then do so

other banks in eve have had multi billions nicked by directors

[Warcold]

Its eve

trust no one

however if you can afford to lose it then do so

other banks in eve have had multi billions nicked by directors

thx for your constructive feedback matey 

[Mangala]

He's right though

But, saying that, it doesnt hurt to throw some isk out there and see what you can do with it.  Not everything in EVE is a scam (yet), and can pay off well enough for the investment before they do become a scam/get robbed etc, its all about how far you are willing to go and how much is your magic number before you get out of the more public investments in eve.

So go ahead, use some and see what happens.  Its only spacebux after all.

[Warcold]

I know he's right

I know history has proved banks not to be the most reliable, but if we spread in vestments over 4 banks the benefits are bound to be bigger than the risk. [etc]

gah

...

Anyway, I'll wait to see what Hrod has to say about it (it's his money after all  ) and will move ahead if I get the go from him too.
Any banks you think are 'trustworthy' (MIND THE '-s!!!  ) Jon?

[peo]

Go ahead

[Mangala]

hard to say about any banks id trust in EVE nowadays, too much stuff has gone on with them to really have hope in them at all (much like the real world ), even more difficult as it seems more and more of the "trusted" MD crowd are turning out to be not that trustworthy either, so theres no real backing/examination of anyone that wants to start stuff up, you literally have to go on faith alone now.

Id say take some isk and spread it around, rather than bundle it all in 1 or 2 places, yes smaller individual returns, but less of a hit if a few turn out to be ripoffs etc.

I'll take a proper look over MD and check some of the offerings out though if you want me too? (Any investments I do these days are more like loans to people I know around the way, who i know do pay back, otherwise id have just said go with x or y person.scheme).