M&S solar panel investment

essjaytee

just had this pop up on my twitter feed today from M&S ---

"Invest from £100 in our solar panels on M&S stores, with a targeted annual return of 5%" (and then a load of small print!)

As a complete novice in the world of investing, any advice?? Too good to be true??


https://www.mandsenergy.com/green-energy/energy-society/

jimjames

The key bit you need to read:

Anyone buying shares in M&S Energy Society is at risk of losing some or all of the money invested and there is no guarantee that you will receive any return on your investment. The shares are not covered by the Financial Services Compensation Scheme or the Financial Ombudsman Service. Accordingly the money you pay for shares is not safeguarded by any deposit protection scheme or dispute resolution scheme.

The actual website is here:

https://www.mandsenergysociety.com/

bigfreddiel

essjaytee wrote: »

just had this pop up on my twitter feed today from M&S ---

"Invest from £100 in our solar panels on M&S stores, with a targeted annual return of 5%" (and then a load of small print!)

As a complete novice in the world of investing, any advice?? Too good to be true??


https://www.mandsenergy.com/green-energy/energy-society/

Did you read the small print, or just notice it was small?

essjaytee

wow... thanks for your help! But hey as long as you feel big and clever!

Yes I did read it but didn't understand it hence my request for help... not apologising for being new to this

jimjames

essjaytee wrote: »

wow... thanks for your help! But hey as long as you feel big and clever!

Yes I did read it but didn't understand it hence my request for help... not apologising for being new to this

Seriously, if you don't understand the warning then investing is not something you should do. You can get 5% fully guaranteed on around £5000 so why take the risk on something that could lose your money.

SimonBlake

Mini-bonds are really dangerous. Unless you are a passionate supporter of the company or club - then I'd stay away, as there is no secondary market for them and the slightly better promised returns are a reflection of the risk (disproportionate). Plenty of buy opportunities out there and corporate bonds that are listed - so stay away from this is my advice.