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New Retail Bond Issue paying 12%

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Comments

  • dunstonh
    dunstonh Posts: 120,604 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    I saw it in the DT and thought it was quite irresponsible.   However, I remember the media encouraging people out of corp bond funds into tech funds when they were at around 90% of peak value.    So, not much of a surprise.


    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.
  • Malthusian
    Malthusian Posts: 11,055 Forumite
    Tenth Anniversary 10,000 Posts Name Dropper Photogenic
    I'd rather take financial advice from the Japanese rock band.
  • Greed is a great way to lose money and anything paying 12% is a greedy play, but there's "one born every minute".
    “So we beat on, boats against the current, borne back ceaselessly into the past.”
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