250k To invest

D_Woods

Blackmore Bonds? I really wouldn't.


I can't go into any detail but the people behind Blackmore are crap at their job.

ColdIron

guaranteed

coyrls

PaulD23 wrote: »

Sometimes , just sometimes what seems too good to be true turns out to be .

Turns out to be? Too good to be true, I assume.

jimjames

PaulD23 wrote: »

Like you guys prior to investing I was very sceptical and carried out a lot of due diligence, which all prospective investors must do.

You're not investing, you're gambling. I guess you still need to do due diligence though

DrSyn

PaulD23 wrote: »

Don't be put off by the words spread betting on currency as normally this carries huge risks, but when you are accepted to this scheme your capital and return of over 3% per month are guaranteed.

Sometimes , just sometimes what seems too good to be true turns out to be .

A new voice comes to the Saving & Investment forum, in a post about what to do with £250K.

In the posts is mention of
(a) betting
(b) over 3% per month guaranteed return (ie 36% a year!)
(c) seems too good to be true
(d)I can put you I touch with my IFA who can advise you accordingly


Betting is gambling & such returns are never guaranteed.

Long term returns from shares are expected to be,say 7% a year. Higher the return, higher the risk.

What "seems too good to be true" often turns out to be, either a very high risk investment or a con.

If the IFA was the source of PualD23 recommendation,would you ever think of using them?

Makes you wonder what his job is.

bowlhead99

DrSyn wrote: »

Makes you wonder what his job is.

Internet troll /spammer. But you can get rid of him by pressing the "spam" button.

Startup1985

I will probably get flamed for this suggestion but I would recommend setting a portion aside for p2p. With a little DD 10-12% is easily achievable without too much risk (depending who you ask).

slowpoke_rodriguez

Marktheshark wrote: »

Housing is on absolute crisis and demand is outstripping supply, rents are rising fast.
There is simply nowhere that you can put £250k and get back even a 20th of the return of rental property.

.

One of the daftest things I've ever heard.
Absolute Cobblers!

PaulD23

There are many spread betting firms around but I am with the only one in the UK that gives a capital guarantee.

The fund they manage is over £50 million with my introducer being responsible for £21 million.

My introducer heads an IFA firm and has over 30 years experience. This programme is unique to them and is not open to all.

There is a strict process with each prospective investor has to complete to prove that they are either a high net worth or sophisticated investor.

The programme has been running for over 3 years and has never failed to achieve its contractual obligations.

It's a one year term, but at the end of year one it becomes flexible, which means that funds can be added or taken out at anytime.

bowlhead99

PaulD23 wrote: »

My introducer heads an IFA firm and has over 30 years experience. This programme is unique to them and is not open to all.

It's not unique to them if his firm is only responsible for 40% of the £50m allegedly being managed?

There is a strict process with each prospective investor has to complete to prove that they are either a high net worth or sophisticated investor.

So you will have to say that you have an income of over £100k a year, assets excluding your home and pensions and insurance contracts that exceed £250k, or are a company director or work in private equity etc. And signing off that you understand all this stuff means that when the guarantee doesn't pay out, you have no rights because anyone who is a HNW or sophisticated investor would know that the guarantee isn't going to be infallible when robustly tested.

Fortunately the regulatory classifications of HNW or sophisticated will exclude the vast majority of the UK public. Of course, the greedy ones could just lie on a self-certification, to access the product, if they are stupid as well as greedy.

PaulD23 wrote: »

The programme has been running for over 3 years and has never failed to achieve its contractual obligations.

Madoff managed much more than 3 years until he got caught.

That's not to say your scheme is fraudulent. Just that your scheme was not tested to implosion during that particular three year period.