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Marshbell Group

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My Pal, Oliver, has invested some cash @ 4.5%, with the Marshbell Group via Northern Provident.
He suggested that, on the basis of a year and a half of regular payments and efficient handling that I should invest with them, too.
Has anyone any knowledge or experience of this organisation, please?
Mark.
«1

Comments

  • doe808
    doe808 Posts: 452 Forumite
    Part of the Furniture 100 Posts Photogenic Name Dropper
    edited 30 January 2021 at 2:50PM
    Get new friends and learn to use the search function. Marked as spam.
    Total - £340.00

    wins : £7.50 Virgin Vouchers, Nikon Coolpixs S550 x 2, I-Tunes Vouchers, £5 Esprit Voucher, Big Snap 2 (x2), Alaska Seafood book
  • csgohan4
    csgohan4 Posts: 10,600 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Photogenic
    My 'regular investments' far exceed 4.5% and these are not individual shares, but index funds and satellites e.t.c. 
    "It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"

    G_M/ Bowlhead99 RIP
  • Thank you. 
    I have a small lump sum to invest and clearly worry about security.
    I understand the need to do my own research but all I need is somewhere to put this cash which isn’t full of rogues!
    All and any help is appreciated. Thanks.
  • csgohan4
    csgohan4 Posts: 10,600 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Photogenic
    edited 30 January 2021 at 3:18PM
    Thank you. 
    I have a small lump sum to invest and clearly worry about security.
    I understand the need to do my own research but all I need is somewhere to put this cash which isn’t full of rogues!
    All and any help is appreciated. Thanks.
    if your worried about risk, better off in premium bonds or savings accounts. Investment carries an element of risk and no such thing as no risk. 

    Priority should be having a sizeable emergency fund before investing
    "It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"

    G_M/ Bowlhead99 RIP
  • eskbanker
    eskbanker Posts: 36,979 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    doe808 said:
    learn to use the search function
    At least one previous thread about this crowd has been deleted, so searching doesn't return anything now.  The thread deletion would suggest that they and their lawyers monitor the forum for uncomplimentary references, so OP, learn the lesson quickly before the advice is removed....
  • csgohan4
    csgohan4 Posts: 10,600 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Photogenic
    eskbanker said:
    doe808 said:
    learn to use the search function
    At least one previous thread about this crowd has been deleted, so searching doesn't return anything now.  The thread deletion would suggest that they and their lawyers monitor the forum for uncomplimentary references, so OP, learn the lesson quickly before the advice is removed....
    That is worrying, hiding behind  defamation??
    "It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"

    G_M/ Bowlhead99 RIP
  • eskbanker
    eskbanker Posts: 36,979 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    csgohan4 said:
    eskbanker said:
    doe808 said:
    learn to use the search function
    At least one previous thread about this crowd has been deleted, so searching doesn't return anything now.  The thread deletion would suggest that they and their lawyers monitor the forum for uncomplimentary references, so OP, learn the lesson quickly before the advice is removed....
    That is worrying, hiding behind  defamation??
    The first rule of thread deletion is don't talk about thread deletion!
  • HappyHarry
    HappyHarry Posts: 1,801 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    edited 30 January 2021 at 4:21PM
    My Pal, Oliver, has invested some cash @ 4.5%, with the Marshbell Group via Northern Provident.
    He suggested that, on the basis of a year and a half of regular payments and efficient handling that I should invest with them, too.
    Has anyone any knowledge or experience of this organisation, please?
    Mark.
    I have no knowledge or experience of this company, but you should bear the following in mind:
    • These at not savings accounts, they are unregulated investments that put all of your capital at risk. 
    • The investments are mezzanine finance. Are you experienced in investing in mezzanine finance, and do you understand the risks associated with these investments.
    • The assets are not liquid (I.e you cannot cash out early)
    • There is no FSCS protection if things go awry.
    • You will need to self-certify as a high net worth individual or a sophisticated investor to invest. Are you either of these?
    • Just because your friend has received 18 months of payments, this does not mean that they will receive payments for the next 18 months.
    I am an Independent Financial Adviser. Any comments I make here are intended for information / discussion only. Nothing I post here should be construed as advice. If you are looking for individual financial advice, please contact a local Independent Financial Adviser.
  • I understand risk - I just want responsibly to avoid the crooks.
    I AM grateful for ALL comments. 
    Thank you.
  • Albermarle
    Albermarle Posts: 27,762 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    eskbanker said:
    doe808 said:
    learn to use the search function
    At least one previous thread about this crowd has been deleted, so searching doesn't return anything now.  The thread deletion would suggest that they and their lawyers monitor the forum for uncomplimentary references, so OP, learn the lesson quickly before the advice is removed....
    Two threads deleted I think.
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