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Investing in student pods via Aspen Woolf

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24

Comments

  • Dird
    Dird Posts: 2,703 Forumite
    Eighth Anniversary 1,000 Posts Combo Breaker
    A more unseemly individual than myself may suggest that those who invest in such a company are likely to end up sitting on the barge pole
    Mortgage (Nov 15): £79,950 | Mortgage (May 19): £71,754 | Mortgage (Sep 22): £0
    Cashback sites: £900 | £30k in 2016: £30,300 (101%)
  • bsms1147
    bsms1147 Posts: 2,274 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I think we should now all be investing in barge poles.
  • DaftyDuck
    DaftyDuck Posts: 4,609 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Students should be using punt poles on the backs, not common barge poles..... I wouldn't take a punt on these either.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    ggb1979 wrote: »
    I would say in my opinion significant risk of capital loss.

    Isn't that the nature of property investment and letting? In the hunt for yield, "risk" is simply being ignored.
  • Archi_Bald
    Archi_Bald Posts: 9,681 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I would never in my life go anywhere near an unregulated investment, and I will not make an exception for Aspen Woolf.
  • masonic
    masonic Posts: 27,176 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    edited 1 July 2015 at 10:49PM
    ggb1979 wrote: »
    What do you think I should do?
    The company has complained because they believe the comment was defamatory and apparently they have not heard of the Streisand effect. When MSE receives a complaint like this, they basically have 3 choices, either fight it themselves, remove the post, or get permission to pass on the user's contact information to the complainant so that the two parties can fight it out between themselves. As you have already explained the factual shortcomings of this opportunity in other posts, then just ask MSE to delete the post containing that one flippant statement if they feel it necessary and move on.

    In terms of the "opportunity" itself, as with all "investment opportunities" that can be found by searching the internet, if it sounds too good to be true it probably is, don't invest in anything you don't understand and don't invest what you cannot afford to lose. Unregulated investments like this one should only be considered by people who could reasonably describe themselves as sophisticated investors.
  • Mistermeaner
    Mistermeaner Posts: 3,019 Forumite
    Part of the Furniture 1,000 Posts
    Thanks Masonic. I editted the original post so hope it's clearer now.

    Interesting link re the streissand effect.

    I've noticed the more active a thread is the higher it appears on Google.

    If you Google aspen woolf this thread appears at no8 so hopefully this will raise awareness

    Of course providing they declare themselves properly aspen woolf could always register and explain themselves.
    Left is never right but I always am.
  • jimjames
    jimjames Posts: 18,643 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    teekay_tk wrote: »
    Thanks all I will ask my dad to stay well clear of these. What would be a nice "hands off" sort of investment?

    Any reason why he isn't looking at mainstream funds? Trackers like Vanguard LS series are the ultimate hands off investment.
    Remember the saying: if it looks too good to be true it almost certainly is.
  • doe808
    doe808 Posts: 452 Forumite
    Part of the Furniture 100 Posts Photogenic Name Dropper
    My number one rule of investments is that I don't touch unregulated investments like Aspen Woolf.

    I believe you English have a phrase about barge poles or something that covers this.
    Total - £340.00

    wins : £7.50 Virgin Vouchers, Nikon Coolpixs S550 x 2, I-Tunes Vouchers, £5 Esprit Voucher, Big Snap 2 (x2), Alaska Seafood book
  • Hoof_Hearted
    Hoof_Hearted Posts: 2,362 Forumite
    Part of the Furniture 1,000 Posts
    I am always amazed when people invest in companies promising high returns for a limited period without applying the bargepole test. I am sure Aspen Woolf is a terrific company.
    Je suis sabot...
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