Gebhart Realty
GBMisleading targets I would also agree with what I have seen on here about Yieldstreet claiming that a fund is performing when it is not. In the prism fund, it will pay the dividends but then loses NAV. To the best of my ability to tell, I invested $20k and made $1.5k in 3 years factoring both NAV and dividends. Sometimes that happens and that’s okay but you can’t say that this fund is performing as expected, which is supposed to be 8% net annually. That’s not acceptable nor honest. Be honest and own your full results not what you select to report. Fortunately, in this past year, I have been able to get about 75% out but it is a slow process. I am not impressed with the performance, liquidity and transparency though and will eventually take my money elsewhere. Illiquid investments are okay to invest in but they should be higher performing than their liquid counterparts and have impeccable transparency, and this is not the case. It feels more like gambling than investing.
Kenneth Ross
GBI had some anxiety about sending tax… I had some anxiety about sending tax documents over the internet but everything seems to have worked out. I am looking forward to learning more about what Yieldstreet has to offer.
Glen Kelley
GBThe website is well organized and easy… The website is well organized and easy to navigate. The timing tracked what was stated and periodic emails as milestones were reached was appreciated. As you grow, it would be great to integrate with other sites for data sharing (such as Quicken, Morningstar, etc).
Andy Bishop
GBOpening account was easy to do Opening account was easy to do. Everything is available online or via the app for opening an account and making an investment. Staff is knowledgeable and responsive. While I need not need to call, I received accurate and prompt feedback.
KP from Washington DC
GBYieldstreet investments are at the mercy of the borrower Yieldstreet website and interface is very good. However, their due diligence process for lending is so poor or non existent. Borrower can totally disappear, Yieldstreet has absolutely no way to get your money back. I invested in their Supply Chain offering for 6 month term. It has been over 20 months and the borrower hasn't paid a single dollar principal back, forget the interest. The borrower filed for bankruptcy and Yieldstreet has no way to recover any money. Wonder what collateral and credit check YS did, Yieldstreet is not able to recover a single dollar. I would strongly recommend staying away from Yieldstreet. Do not invest in this platform.