Eco/Green bonds

55jase
55jase Posts: 3 Newbie
in Savings & investments
Hi all, I'm just after advice as I'm thinking of investing into the Tyram lakes. It's a green competitor to Centre Parc's. 8% return on your money over 3 years. This is with the Rothgen group.
Has anyone else invested in this project? I'm really unsure as what to do. Any advice would be great. thanks Jase.
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Comments

  • 25_Years_On
    25_Years_On Posts: 3,030 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    "The Tyram Lakes Bond is secured, but is a non-readily realisable security and as such as an unlisted bond, is not as flexible as a corporate bond in that it cannot be traded or converted and not listed on any market."


    In what way is it eco/green. Green wash maybe.
  • bostonerimus
    bostonerimus Posts: 5,617 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    I'd avoid all these mini-bonds because of their risk and that they cannot be easily traded.
    “So we beat on, boats against the current, borne back ceaselessly into the past.”
  • ColdIron
    ColdIron Posts: 9,753 Forumite
    Part of the Furniture 1,000 Posts Hung up my suit! Name Dropper
    High risk and illiquid with no FSCS protection.Presumably this would only be a small part of your wealth and money that you could afford to lose?
  • 55jase
    55jase Posts: 3 Newbie
    ColdIron wrote: »
    High risk and illiquid with no FSCS protection.Presumably this would only be a small part of your wealth and money that you could afford to lose?
    No this is my first and only time to invest. I have no idea as to which is best or to do
  • dunstonh
    dunstonh Posts: 119,407 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    100% loss potential. No FSCS protection. Higher risk than investing in a FTSE tracker.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • ColdIron
    ColdIron Posts: 9,753 Forumite
    Part of the Furniture 1,000 Posts Hung up my suit! Name Dropper
    55jase wrote: »
    No this is my first and only time to invest. I have no idea as to which is best or to do
    Then stay away from mini bonds, they are completely unsuitable for you and you could lose some or all of your money
  • bostonerimus
    bostonerimus Posts: 5,617 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    55jase wrote: »
    No this is my first and only time to invest. I have no idea as to which is best or to do

    Do you have a defined contribution workplace pension? If you do that's the first place you should invest. Next would be a stocks and shares ISA and at first stick to multi-asset funds from reputable companies like Vanguard etc. But maybe the most important thing is to pay off any high interest debt that you have as that's a 100% guaranteed return at the interest rate you are paying.
    “So we beat on, boats against the current, borne back ceaselessly into the past.”
  • OldMusicGuy
    OldMusicGuy Posts: 1,768 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    ColdIron wrote: »
    Then stay away from mini bonds, they are completely unsuitable for you and you could lose some or all of your money
    Agree. This type of investment is completely unsuitable for you.
  • Malthusian
    Malthusian Posts: 11,055 Forumite
    Tenth Anniversary 10,000 Posts Name Dropper Photogenic
    Given this ultra-high-risk investment into an obscure micro-cap company is completely unsuitable for you, how did you come across it in the first place?
  • 55jase
    55jase Posts: 3 Newbie
    it has been on sky tv and its on the net
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