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Has anybody invested in agricapital.com?

Hi Folks

Has anybody invested in a company whose website address is www.agricapital.com.

They claim to give a 15% return on money invested (minimum £2k approx).

This is more than 5 times as much as standard bank interest rates these days!

Do you think it is too good to be true or a very good investment opportunity?

Thank You.

Comments

  • Lokolo
    Lokolo Posts: 20,861 Forumite
    Part of the Furniture 10,000 Posts
    When it comes to investments, no-one can guarentee you anything.
  • geek84
    geek84 Posts: 1,135 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    Well, yes. That is true!
  • Lokolo
    Lokolo Posts: 20,861 Forumite
    Part of the Furniture 10,000 Posts
    geek84 wrote: »
    Well, yes. That is true!

    Honestly, unless you would quite happily forget about the £2k then sure why not. But I think putting it all on red would be a better idea.

    How did you find out about them? Did they cold call you or what?
  • geek84
    geek84 Posts: 1,135 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    Hi

    Thanks for your speedy reply.

    I think they got my name & address from a survey I did a few months ago regardiung investments.

    By the way, what so you mean by 'putting it all on red'?
  • nettleby
    nettleby Posts: 198 Forumite
    geek84 wrote: »
    By the way, what so you mean by 'putting it all on red'?

    He's talking about roulette. That's an even better return of 100%, only you may just as easily lose it all.

    If they "guarantee" such returns then I wouldn't personally touch it with a barge pole.
    Megan
  • it looks high risk, consider buying into investments which are licensed in the UK ..

    just a thought. i personally wouldn't touch this with a bargepole
    470 assignments since 1984
    1 every 2 weeks, not a big company i guess
  • planteria
    planteria Posts: 5,322 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    wouldnt touch it.

    agriculture is sure to generate some good returns in the coming years though. i have Sarasin AgriSar fund in my SIPP.
  • Jonbvn
    Jonbvn Posts: 5,562 Forumite
    Part of the Furniture 1,000 Posts
    No FSA registration.

    I believe it is a US based site. Therefore you have to consider the additional risk of currency fluctuations.

    There are better ways to invest in agriculture for a UK based investor.
    In case you hadn't already worked it out - the entire global financial system is predicated on the assumption that you're an idiot:cool:
This discussion has been closed.
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