Guilts? AXA Elevate ISA? Anyone able to info me?

purch

This is when my ears pricked up

My eyes lit up though when i saw how much you can potentially gain

The gullible are so easily led :eek:

Nine_Lives

It's too late, he's signed up for it. He paid in 17k, although his papers that came through only say 10k so no idea there.

I'll try and get a scan of the sheet to give you guys a better clue as at the moment i'm lost in all this. I understand banking etc, but not this stuff.



For my own personal circumstances, i'd be looking to deposit [an amount] & leave long term to gain as much as possible without being silly high risk. Medium risk more likely.

An amount could be anything up to 10k really. Long term coul dpotentially be 35-40 years.

purch wrote: »

The gullible are so easily led :eek:

But that's when you should be careful to comment on people you don't know.

If you re-read my comment, i say my ears pricked up - meaning i became interested.

However, i enter into nothing until i FULLY understand it - the pros AND cons.

As i don't understand this setup, i wont be entering into it yet, or maybe at all. Certainly by the sounds of the feedback here.

dunstonh

t's too late, he's signed up for it.

He has a cancellation rights period.

He paid in 17k, although his papers that came through only say 10k so no idea there.

He will get one bit for the ISA and one bit for the unwrapped investments.

As i don't understand this setup, i wont be entering into it yet, or maybe at all.

One thing alone should put you off. A tied sales rep from Yorkshire. Nothing wrong with the concept but the implementation of who he is using and the costs he will be paying because of that and the limitations of what they can do.

LongTermLurker

dunstonh wrote: »

One thing alone should put you off. A tied sales rep from Yorkshire.

And what makes a rep from Yorkshire worse than one from Lancashire? :mad:

Ian_W

LongTermLurker wrote: »

And what makes a rep from Yorkshire worse than one from Lancashire? :mad:

Nowt ... except Yorkshire folk have their brains removed and pockets sewn up at birth - it's a well known fact here in Lancashire!

OP - showing people things "they shouldn't see" in order to get them to buy things they certainly don't understand, isn't an act of friendship - but blatant "hard sell" salesmanship. If a product is so good - why wouldn't the owners want you to know that? Do BMW try to hide how good their rather expensive vehicles are?

How would your Dad react if he receives a statement in 6 months time showing his £17K was now worth £12K or less? Whilst investments generally do better in the long term than savings they can lose a lot very quickly too. If your Dad doesn't appreciate that then he'll almost certainly pull out at the wrong time and lose money.

LongTermLurker

Ian_W wrote: »

Nowt ... except Yorkshire folk have their brains removed and pockets sewn up at birth - it's a well known fact here in Lancashire!

I'd have clicked thanks for the rest of your reply if it wasn't for that!

weer's that abuse button...?

dunstonh

Nowt ... except Yorkshire folk have their brains removed and pockets sewn up at birth - it's a well known fact here in Lancashire!

How do the ferrets get out then?

Joe_Bloggs

Some say that Yorkshire folks have short arms and long pockets. This allows lots or room for money saved in a miserly fashion and ferrets.
J_B.

LongTermLurker

I don't subscribe to being miserly. And sheep are preferred - ferrets bite!

Anyway, we all know best thing to come from Lancashire was the M62

Come on YB - I need help here...

Joe_Bloggs

I have not heard of the publications 'Being Miserly' , 'Sheep are Preferred' nor 'Ferrets Bite' . There is room for diversity in this society.
J_B. (Only in jest. )