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bonds

Hi,
I invested £3000.00 in a bond with the LV- in 2001,the value today of this bond is:eek: £3,363.00!!:(

What's best for this bond,surely this is a pointless excerise.

:beer: looking 4 'help'


aga

Comments

  • dunstonh
    dunstonh Posts: 120,029 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Can you clarify what you have.

    Is it an investment bond? (if so, what is it invested in)
    Is it a corporate bond?
    Is it a fixed term deposit? (which banks have started calling bonds)

    £3000 an an investment bond is pretty pointless. They are most effective with larger investments (75k plus typically). £3k is not justifiable in a bond in most cases.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • aga151
    aga151 Posts: 5 Forumite
    Hi,
    This is an investment penny bond,they go under the Aim,bought 2007 from:mad: Wills and Co!!!

    'nough said as you may be aware they were stopped from giving advice and selling to customers and for some reason or other they NEVER notified me,or, maybe any of the other investors why this company,
    Equable Properties plc now no longer were a viable company and that I found later that they were trading in 'another' place? for want of a better word and that the shares were worthless:(

    Waitin to see what Wills anc say I have written them, not expecting much from them


    regards:beer:

    Allan
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