We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Castle Trust "Fortress Bonds"

Has anyone looked into investing ion these bonds? They can be ISA bonds and can accept transfers in. They pay a good rate of interest.

Comments

  • Reaper
    Reaper Posts: 7,366
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Forumite
    Try the forum search and you will find many threads on the subject.

    As you talk about interest I suspect like many you have misunderstood them. They are not a savings account, they are an investment and as such you have the potential to lose all of your money.

    Considering that the yield is nothing special in my opinion.
  • jimjames
    jimjames Posts: 19,462
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Forumite
    Didn't you like the answers last time you asked the question?

    https://forums.moneysavingexpert.com/discussion/5218577

    You do realise what you're investing in?
    Remember the saying: if it looks too good to be true it almost certainly is.
  • badger09
    badger09 Posts: 11,877
    Part of the Furniture 10,000 Posts Name Dropper
    Forumite
    I was just about to post the same jj. Your copying skills (amongst others) are better than mine :p
  • Herbalus
    Herbalus Posts: 2,634
    Tenth Anniversary 1,000 Posts Name Dropper
    Forumite
    Reads like advertising to me.

    Though if it is, the proponents should know they'd get short thrift from the knowledgable people on here!

    (My bad if it isn't advertising. Just when it pops up a few times I get suspicious).
  • jimjames
    jimjames Posts: 19,462
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Forumite
    Herbalus wrote: »
    Reads like advertising to me.

    Though if it is, the proponents should know they'd get short thrift from the knowledgable people on here!

    (My bad if it isn't advertising. Just when it pops up a few times I get suspicious).

    Based on the OP's posting history it seems unlikely but if it was advertising it seems to be backfiring when all the replies are pointing out the risks involved in this product.

    Trust and Fortress are very misleading words to use for a product where you can lose all of your money and isn't protected like a savings account.
    Remember the saying: if it looks too good to be true it almost certainly is.
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 355.7K Banking & Borrowing
  • 254.9K Reduce Debt & Boost Income
  • 456.1K Spending & Discounts
  • 248.3K Work, Benefits & Business
  • 605.9K Mortgages, Homes & Bills
  • 179K Life & Family
  • 263.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.