On Oct 12, 4:37*pm, "John A. Weeks III" <j...[at]johnweeks.com> wrote:
- quote -

Thank you very much! I don't think it is something I would want to
put alot of eggs into.
Steve

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In article <BXoIk.67901$Mh5.49596[at]bgtnsc04-news.ops.worldnet.att.net> ,
"Andrew Koenig" <ark[at]acm.org> wrote:

- quote -

The opposite should also apply...just because you don't understand
it doesn't mean that it is not a valid approach. Perhaps not
understanding means that it is time to learn a bit more about
a new topic.

Factoring as I have seen it is giving someone a short term loan
against their accounts receivable. The borrower pays off the
loan as they collect the funds. The factor gets a fee for doing
this. The trick comes in when the borrower ends up with a bad
account that they cannot collect. Sometimes the factor takes
this risk. In that case, they have to scope out the accounts
carefully, and get enough return to cover the deadbeat accounts.
In other cases, the borrower is responsible for covering the
bad accounts. If so, the factor has to be careful to make sure
that the borrower can make good on the bad accounts.

-john-

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On Oct 12, 7:37*am, Steve <ksken...[at]2z.net> wrote:
- quote -

Try going to google.com and entering the following search string
without the quotes: "define: factoring".

But I agree wholeheartedly with Andrew's response.

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"Steve" <kskenter[at]2z.net> wrote in message
news:8f28505a-278d-4c8d-a82a-f17909fc7cdc[at]25g2000prz.googlegroups.com...

- quote -

I don't know what it is either, but I like Warren Buffett's rule of
investing: If you don't understand it, don't invest in it.

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Hello,

I met someone who is into something called "factoring" as a type of
investing. I was wondering what this would involve and how risky
could this be?? I have not seen or heard much about this anywhere and
would like to get some good straightforward information about this if
possible. Thanks!
Steve

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