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Care Home Investment

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Hi there ,

Been restructing some finances recently and noticed this :


Care Home Investments


has anyone had any experience of these people , this look pretty good but I am naturally sceptical !

thanks

Comments

  • dunstonh
    dunstonh Posts: 119,640 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Do you mean you want investments to cover the cost of being in a care home (either using conventional investments or a immediate needs annuity) or investing in a care home itself?
    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.
  • dunstonh wrote: »
    Do you mean you want investments to cover the cost of being in a care home (either using conventional investments or a immediate needs annuity) or investing in a care home itself?


    Sorry , I meant as an investment opportunity
  • jimjames
    jimjames Posts: 18,650 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Sorry , I meant as an investment opportunity
    Can you provide any details? There are lots of care homes and companies running them but a lot have also gone bust or got into difficulty recently like Southern Cross.
    Remember the saying: if it looks too good to be true it almost certainly is.
  • Ark_Welder
    Ark_Welder Posts: 1,878 Forumite
    A REIT has recently listed on the LSE, so this might provide a more transparent option. And one far more easily traded too.

    Target Healthcare REIT, ticker THRL

    Make sure to read the prospectus beforehand.
    Living for tomorrow might mean that you survive the day after.
    It is always different this time. The only thing that is the same is the outcome.
    Portfolios are like personalities - one that is balanced is usually preferable.



  • jimjames wrote: »
    Can you provide any details? There are lots of care homes and companies running them but a lot have also gone bust or got into difficulty recently like Southern Cross.

    Yes , there have been issues hence my caution , this looked a bit better than others I have seen:

    the info is carehomesinvestment.co.uk

    did not know if anyone had heard or dealt with them

    but certainly not rushing in ,I am aware all that glitters ....
  • Ark_Welder wrote: »
    A REIT has recently listed on the LSE, so this might provide a more transparent option. And one far more easily traded too.


    target health


    make sure to read the prospectus beforehand.

    in the process of reading , interesting ,

    cheers
  • innovate
    innovate Posts: 16,217 Forumite
    10,000 Posts Combo Breaker
    Spam button time for all posts from oddstocktrader
  • It would be nice to get some genuine info instead of spam
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