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Has anyone heard of ISACO

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Originally posted by gadgetmind back in 2012 , there were a lot of scathing comments made. However they seem to have done well. What do you think now?

Comments

  • jimjames
    jimjames Posts: 18,650 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Still never heard of them. What do you mean by "done quite well"?
    Remember the saying: if it looks too good to be true it almost certainly is.
  • "Our ‘Shadow Investment Service’ gives you the opportunity to look over our shoulder and buy the same investments that we personally own.
    "


    that's illegal and its called front running.

    "One of the secrets to our impressive returns is to buy our investments using ‘wrappers’ such as Individual Savings Accounts (ISAs) and Self Invested Personal Pensions (SIPPs). Both of them are perfect for helping to boost your annual investment returns."

    they just had to let the cat out of the bag, didn't they!
  • jimjames
    jimjames Posts: 18,650 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    they just had to let the cat out of the bag, didn't they!

    I just made 40% in my SIPP, immediately I'd put the money in!
    Remember the saying: if it looks too good to be true it almost certainly is.
  • i believe you. if your a higher rate tax payer, you would gain that on contributions anyway, so in effect your strategy would return 40% a year, doing absolutely nothing, outperforming both the FTSE all share and ISACO schemes :D
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