London Capital & Finance 6.5%

nanx4

Looking to move some money which is getting virtually no interest, i wondered if anyone has any dealings with bonds and in particular
London Capital & Finance - 2 Year Growth & Protect which is 6,5% over
2year term

Thank you

jimjames

If you're prepared to lose 100% of your money why not invest in S&S that are FSCS protected? The risk of losing money is far less with a properly balanced portfolio that something like this that could lose everything and isn't protected.


Lots of threads about them here so worth checking the search

nanx4

jimjames wrote: »

If you're prepared to lose 100% of your money why not invest in S&S that are FSCS protected? The risk of losing money is far less with a properly balanced portfolio that something like this that could lose everything and isn't protected.


Lots of threads about them here so worth checking the search

Thanks i did think it was to good to be true ,just thought id check
with you all, as i know there are people about more knowledgeable
than me.

jimjames

If you're getting virtually no interest have you already filled the 5% down to 3% current account options?

nanx4

jimjames wrote: »

If you're getting virtually no interest have you already filled the 5% down to 3% current account options?

Hi,
Have 2 Tesco accounts paying 3%
I will look at the others that are about thanks for your help

dunstonh

There are a number of non-deposit, unregulated, 100% risk of loss investments that have marketers that are intentionally using wording to give the impression that they are fixed rate deposits.
It is scandalous behaviour that is only made worse by the regulator not doing its job. Probably as it is too busy criticising advisers for not using decent text formatting on their MS word documents and doesnt have time to deal with real consumer matters.