Karma Bonds

[StickFigure]

If you buy a karma bond, for say 100,000k, I know you'll draw 1200k per month. Say I did that for 3 months and then decided that was enough. Can I cash in my bond and get my 100,000k back?

 

[SpyWizard]

sure for a fee.. but i'm new here.

 

[Lestat]

yes, you don't get any penalties or fees as long as the bond is held for one month.

You don't draw the interest karma out of it monthly it accrues (but you do not earn compound interest). When you finally redeem the bond you get your initial principle + the monthly interest x how many months you held it for. You do not get credit for partial months.

Let me know if you have any questions.

George Spellwin

 

[StickFigure]

yes, you don't get any penalties or fees as long as the bond is held for one month.

You don't draw the interest karma out of it monthly it accrues (but you do not earn compound interest). When you finally redeem the bond you get your initial principle + the monthly interest x how many months you held it for. You do not get credit for partial months.

Let me know if you have any questions.

George Spellwin

LOL!! Perfect! Thanks Jorge.

Looks like I'll buy a big ol' fat bond today!

 

[SpyWizard]

cool.. i have 2 simmering..

 

[gonelifting]

LOL

Do they offer layaways?

 

[gotmilk]

If you buy a karma bond, for say 100,000k, I know you'll draw 1200k per month. Say I did that for 3 months and then decided that was enough. Can I cash in my bond and get my 100,000k back?

You have to be plat to buy karma bonds.

 

[StickFigure]

You have to be plat to buy karma bonds.

ha friggin ha! eat me!

 

[Lestat]

pwned

 

[gonelifting]

LOL x 2

 

[Raptorex]

I just sold 2.6 million and got the interest. I will now by 2.6 million more for a month.