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  • FIRST POST
    • nh101
    • By nh101 6th Jul 17, 5:29 PM
    • 76Posts
    • 20Thanks
    nh101
    If it sounds too good to be true...?
    • #1
    • 6th Jul 17, 5:29 PM
    If it sounds too good to be true...? 6th Jul 17 at 5:29 PM
    Someone explain this to me - because to me it reads like you pay £160,000 to buy, get a guaranteed income of 160,000 over 10 years AND you get a guaranteed £250,000 at the end of the 10-year period

    Am I not reading that right?

    http://www.rightmove.co.uk/property-for-sale/property-57920563.html
Page 1
    • eskbanker
    • By eskbanker 6th Jul 17, 5:42 PM
    • 5,055 Posts
    • 4,804 Thanks
    eskbanker
    • #2
    • 6th Jul 17, 5:42 PM
    • #2
    • 6th Jul 17, 5:42 PM
    Yes, you're reading the words that are written correctly!

    As with all these things, any "guarantees" are only as good as the viability of the company offering them, see this similar thread for another questionable investment proposition being marketed via RightMove: http://forums.moneysavingexpert.com/showthread.php?t=5674750
    • Gadfium
    • By Gadfium 6th Jul 17, 6:15 PM
    • 611 Posts
    • 1,119 Thanks
    Gadfium
    • #3
    • 6th Jul 17, 6:15 PM
    • #3
    • 6th Jul 17, 6:15 PM
    If it's that good then why would the developers be selling these? Surely they'd just hold on to them and make themselves a load of easy dosh?
    • nh101
    • By nh101 6th Jul 17, 6:18 PM
    • 76 Posts
    • 20 Thanks
    nh101
    • #4
    • 6th Jul 17, 6:18 PM
    • #4
    • 6th Jul 17, 6:18 PM
    Thank you both! I thought same - that there can be no guarantee if the company doesn't exist in two years.

    Also I can understand why they might encourage people to invest in the initial lodges so someone else is paying the upfront cost of building them. But that would then be wiped out by buying them back after 10 years.

    Shame as they look very nice
    • Malthusian
    • By Malthusian 7th Jul 17, 7:50 AM
    • 2,423 Posts
    • 3,383 Thanks
    Malthusian
    • #5
    • 7th Jul 17, 7:50 AM
    • #5
    • 7th Jul 17, 7:50 AM
    http://ytcropper.com/cropped/d3595f2e0581cd6
    • Primrose
    • By Primrose 7th Jul 17, 8:39 AM
    • 7,510 Posts
    • 25,320 Thanks
    Primrose
    • #6
    • 7th Jul 17, 8:39 AM
    • #6
    • 7th Jul 17, 8:39 AM
    My email IN box gets flooded out with offers like this - plus studio flats and new student accommodation. They all seem like a good investment on the face of it but these investments are not for the innocent and are rarely as sound as they are portrayed. The adverts never tell you the downsides, do they?
    • Gambler101
    • By Gambler101 7th Jul 17, 8:42 AM
    • 414 Posts
    • 998 Thanks
    Gambler101
    • #7
    • 7th Jul 17, 8:42 AM
    • #7
    • 7th Jul 17, 8:42 AM
    If an "investment" offers a higer return than the stock market, then I see it as more risky.

    If it offers a stupidly high return like this one, then its only for the stupid lol
    The instructions on the box said 'Requires Windows 7 or better'. So I installed LINUX
    • martinthebandit
    • By martinthebandit 7th Jul 17, 8:49 AM
    • 3,171 Posts
    • 5,393 Thanks
    martinthebandit
    • #8
    • 7th Jul 17, 8:49 AM
    • #8
    • 7th Jul 17, 8:49 AM
    As my Gran used to say
    'If it smells like chicken poo and looks like chicken poo are you really going to taste it to find out what it is boy'

    Although she used a more Anglo Saxon word than poo, she was a wise, but plain spoken woman.
    Politics -
    from the words Poli, meaning many
    and tics meaning blood sucking parasites


    (thanks to Kinky Friedman (or Larry Hardman) for the quote}
    • Malthusian
    • By Malthusian 7th Jul 17, 9:41 AM
    • 2,423 Posts
    • 3,383 Thanks
    Malthusian
    • #9
    • 7th Jul 17, 9:41 AM
    • #9
    • 7th Jul 17, 9:41 AM
    As my Gran used to say
    'If it smells like chicken poo and looks like chicken poo are you really going to taste it to find out what it is boy'
    Originally posted by martinthebandit
    I like that. I'm going to use it next time we have one of those threads that goes "Is this too good to be true" "Yes" "But is it really? Because I want to get rich quick" "Yes" "But I really want to get rich quick, can anyone tell me about their personal experience of these investments instead of objective reality?"
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