Investing or saving a large sum

tradecarbon

stringer_bell wrote: »

sorry, where is this HSBC 3.3% account? I can't find it anywhere

3.3% was quoted on a million pound over five years.

http://www.hsbc.co.uk/1/2/savings-accounts/fixed-rate-savings#?HBEU_dyn_lnk=SavingsAccount_PremierSavings_AlternativeProduct3

gadgetmind

tradecarbon wrote: »

The difference between the two is what successful investors call profit.

Fine, invest your money if you think it's so good.

I still can't work out why you need anyone else on board; why not just realise some money from some of your previous successful investments, or use a little gearing?

bigadaj

Based in Gibraltar, nice.

Most such schemes require up front capital to promote the development of low carbon energy, so an acknowledgement that green energy forms are more expensive than conventional coal, gas etc.

There should therefore be a requirement for up front development costs which doesn't appear quoted in your figures. What are your fees and how are you independently accredited, both in terms of investment and environmental compliance?

Annisele

With £1million, you might want to have a chat with an independent financial adviser - preferably one who works solely on a fee basis.

It sounds as though you're not entirely sure whether you want to save or to invest, so a discussion about your attitude to investment risk might be helpful to you.

tradecarbon

bigadaj wrote: »

Based in Gibraltar, nice.

It is nice, weather is great and there is a low tax rate!

bigadaj wrote: »

Most such schemes require up front capital to promote the development of low carbon energy, so an acknowledgement that green energy forms are more expensive than conventional coal, gas etc.

There should therefore be a requirement for up front development costs which doesn't appear quoted in your figures. What are your fees and how are you independently accredited, both in terms of investment and environmental compliance?

You are of course correct.

The free report quotes all figures and terms.

I was just passing on a little bit of information successful investors of course can take it or leave it..

Richard take note of what Annisele has posted.

innovate

stringer_bell wrote: »

sorry, where is this HSBC 3.3% account? I can't find it anywhere

Whatever happened to your stolen 80K, stringer_bell?

https://forums.moneysavingexpert.com/discussion/3989415

gadgetmind

tradecarbon wrote: »

I was just passing on a little bit of information successful investors of course can take it or leave it..

Successful investors will have the knowledge and wisdom to leave it.

Other may choose to read what the FSA say on their scams and swindles pages regards such "investments".

tradecarbon

gadgetmind wrote: »

Other may choose to read what the FSA say on their scams and swindles pages regards such "investments".

Anything on FSA website about Californian Climate Action being a scam or swindle?

Pleasse quote it here please and then I can inform the project co-ordinator.

Thanks in advance.

gadgetmind

tradecarbon wrote: »

Anything on FSA website about Californian Climate Action being a scam or swindle?

You'll find the statements from the FSA here.

http://www.fsa.gov.uk/consumerinformation/scamsandswindles/investment_scams/carbon_credit

They don't name any companies specifically, but they do warn that some of them are based overseas and are not registered with the FSA.

Where these carbon credits are being bought as an investment (see title of this thread) then this is a Collective Investment Scheme and anyone operating one of these comes under the regulatory remit of the FSA.

So, if you check anything, check whether this is a Collective Investment Scheme regulated by the FSA and that the organisation is based in the UK rather than some dodgy overseas territory.

Thanks.

tradecarbon

gadgetmind wrote: »

You'll find the statements from the FSA here.

http://www.fsa.gov.uk/consumerinformation/scamsandswindles/investment_scams/carbon_credit

They don't name any companies specifically, but they do warn that some of them are based overseas and are not registered with the FSA.

Where these carbon credits are being bought as an investment (see title of this thread) then this is a Collective Investment Scheme and anyone operating one of these comes under the regulatory remit of the FSA.

So, if you check anything, check whether this is a Collective Investment Scheme regulated by the FSA and that the organisation is based in the UK rather than some dodgy overseas territory.

Thanks.

California(not dodgy), has their own version of the EU ETS with rules and guidelines. I did leave links to these but, I must of broken a rule somewhere as the post was removed.

Because of all the scammers out there peddling VERs as CERs etc...

We took this project in California which has stronger regulations and also a minimum floor price unlike the EU ETS.

Thanks for the link.