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Investment Companies
lindylootoo
Posts: 85 Forumite
Can someone please let me know how to find details of an investment company such as when they first started; how much capital they have; are their investments insurance backed etc etc.
I just would know to gauge how safe their investment offers may be.
I just would know to gauge how safe their investment offers may be.
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Morning star. Browse the sight/ use the search function with ticker symbol you'll find all of that.0
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are their investments insurance backed etc etc.
Very few regulated investments available nowadays that are insurance backed. Indeed, someone using that term for their investments usually rings alarm bells as its a term that is frequently used by scammers.
What investment is it?I just would know to gauge how safe their investment offers may be.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.0 -
lindylootoo wrote: »I just would know to gauge how safe their investment offers may be.
Using safe and investment in the same sentence would tend to indicate that this could be an unregulated, unprotected scheme. Generally most investments come with some risk involved
https://damn-lies-and-statistics.blogspot.com/2019/01/unregulated-investments-difference.htmlRemember the saying: if it looks too good to be true it almost certainly is.0 -
Very few regulated investments available nowadays that are insurance backed. Indeed, someone using that term for their investments usually rings alarm bells as its a term that is frequently used by scammers.
What investment is it?
Property. If I have the right company I've just looked it up on Co's House and there's only one annual return filed - for 2015.
But the address is for serviced offices.0 -
That narrows it down a lotlindylootoo wrote: »Property.
And alarm bells aren't ringing?If I have the right company I've just looked it up on Co's House and there's only one annual return filed - for 2015.
But the address is for serviced offices.
Name the company and I'm sure you'll get a better quality of response0 -
lindylootoo wrote: »Can someone please let me know how to find details of an investment company such as when they first started; how much capital they have; are their investments insurance backed etc etc.
I just would know to gauge how safe their investment offers may be.
You are likely barking up the wrong tree, or maybe I am, in that what you mean by "investment company" probabiy isn't what most here would think of as one. Certainly I could probably come up with half a dozen different examples all of which are completely different.
Can you expand a bit more on exactly what you mean and what sort of company, perhaps giving some examples.
And yes I'll back up what DunstonH said, anything that's insurance-backed (or says it is) almost certainly needs a very wide steer.0 -
If there is only one annual return for 2015, then look at the rest of the tabs on the Companies House page, because it should say if the company is active or dormant, and should have some kind of accounts, which you can download free. Otherwise, if they are late filing accounts, Companies House will apply to strike the company off the register.
Worth finding out the directors too, and searching Companies House to see how many other companies they had been a director of, and if those companies have been dissolved / struck off.
Sounds dodgy IMO0 -
You are almost certainly better off investing in a balanced portfolio of stocks and shares, such as a Vanguard fund.
Yes, stocks can go up and down in value. But at least with a portfolio of stocks you aren't going to suddenly lose all of your investment.
You very well may lose 100% of your investment if you invest into one of these supposedly "safe" schemes with a dodgy investment company, since you will lose everything if that investment company goes under.0 -
lindylootoo wrote: »Property. If I have the right company I've just looked it up on Co's House and there's only one annual return filed - for 2015.
But the address is for serviced offices.
Why are you bothering? Just walk away. Or do you or someone you know have money it it?0 -
And I also suggest the AIC website (Association of Investment Companies) they have search functionality and quite a few features and fund documents. They use Morningstar data but only cover investment companies so go more in depth on each.0
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