Minneapolis, Minn. — SaverNotes is pleased to announce that we have paid our 17th consecutive quarterly interest payment for investors of record as of the end of the Fourth Quarter of 2017.
Minneapolis-based Founder and Chief Manager Dave Rasmussen created SaverNotes in a response to the low interest rates investors earn on fixed rate investments such as CD’s and bonds.
Notes from SaverNotes were created to provide a high current return, are easy to invest in, have no fees or expenses and are available for any Minnesota resident.
“I listened to the Greatest Generation talk about how little they were earning on their savings. They were concerned about inflation eating away their buying power. CD’s earn less than 1.00% and investors can’t keep pace with inflation. SaverNotes as of this writing sells notes that pay a fixed rate of return between 3.00% and 6.00% based on the amount invested and the length of time.
As a Baby Boomer I read that since January 1, 2011 we will average 10,000 people a day will turn 65 for the next 19 years or over 69 million Baby Boomers. There will be a tremendous amount of wealth transfer from the Greatest Generation to the Baby Boomers along with a conversion of their 401(k)’s into IRA’s upon retirement. All these investment funds can’t be invested into the stock market and some will be seeking a fixed rate of return and diversifying their investments. With interest rates so low in CD’s offered by banks and fixed income bonds at historic low rates, many investors will be seeking an alternative investment that will provide a higher yield,” stated Rasmussen.
SaverNotes was created to fill this void.
“I determined an alternative investment was possible. I engaged legal, wealth management, accounting and banking advisors to help create SaverNotes. We spent many hours drafting, reviewing, editing and rewriting the official document, the Prospectus and Subscription Agreement,that describes the notes for sale from SaverNotes in detail.
Wealth management, accounting and banking advisors helped in creating a seamless, automated process free of expenses and fees to the investor. We created a process to accept funds from individuals and from self-directed IRA accounts that pay quarterly interest payments.. The investor receives an above market fixed rate of return and participates in the success of SaverNotes profitability as well.”
“We designed several features in SaverNotes to be cost effective for investors. Our interests are aligned with our investors to generate a high current return for them,” stated Rasmussen.