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Bond rates too good to be true?

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Comments

  • Zanderman
    Zanderman Posts: 4,935 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 3 April 2020 at 10:07AM
    SAB777 said:
    Thanks for your replies so far - I will take all your advice and avoid. I've not learnt how to reply to individual comments yet as some of you were asking for details which I can provide but don't want to burden those who don't require it.
    Not quite sure what you mean here - but you wouldn't be burdening anyone by putting the details in this thread (though you would be burdening people if you were sending the info just to them - i.e by direct message outside the thread).

    If you want to make your replies explicit replies to one particular post just press the quote button on that post - though really there's no strict need for that either except on very long complicated threads.. 
  • SAB777
    SAB777 Posts: 5 Forumite
    First Post
    Hi all, I am really grateful to you for your replies. I'll stick to MSE for recommendations. Thanks again.
  • Notepad_Phil
    Notepad_Phil Posts: 1,608 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    Linton said:
    In my view it is either a risky investment or a scam.

    And to add to Linton's excellent post, any reputable company offering a 5% return would make it completely clear that it was not a risk-free investment, so the fact that you've not been told it is risky means that it is 100% a scam.
  • Alexland
    Alexland Posts: 10,288 Forumite
    Eighth Anniversary 10,000 Posts Photogenic Name Dropper
    any reputable company offering a 5% return would make it completely clear that it was not a risk-free investment
    * unless it's the 1st year of a Nationwide FlexDirect account which really is 5% risk free on £2.5k

  • atush
    atush Posts: 18,731 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    SAB777 said:
    Thanks for your replies so far - I will take all your advice and avoid. I've not learnt how to reply to individual comments yet as some of you were asking for details which I can provide but don't want to burden those who don't require it.
    Always give more details if asked as they arent just required by the person who asked, but others who could help not only you but others
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