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Investment in a lone note

Hello everyone ,

I m considering investment options and came across an opportunity to invest in a loan note for Terra Firma Energy

My understanding its unsecure loan , but the company is well known .

I d like to know :

1- If you know people got success with their investment and got paid as agreed
2-Your opinion
3-What steps would you take if you were to invest with them ?


«1

Comments

  • TadleyBaggie
    TadleyBaggie Posts: 7,110 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    How did you come across this "opportunity"?
  • dunstonh
    dunstonh Posts: 121,289 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    1- If you know people got success with their investment and got paid as agreed
    They are only as good until they fail.  Without a good understanding of the company, you won't know in advance.

    Broadly speaking, the interest rate offered as a guide to the risk.  If its higher than bank lending then the banks are concerned enough not to lend the money.  Its a lot higher than its riskier.

    3-What steps would you take if you were to invest with them ?
    I wouldn't.   I wouldn't use unregulated investments in a single area with 100% loss potential.  That is too high risk for me.


    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.
  • jimjames
    jimjames Posts: 19,264 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Investors in London Capital & Finance got paid. Until they didn't and it was found it was a ponzi scheme from the start. Why are you attracted to this rather than mainstream investments?
    Remember the saying: if it looks too good to be true it almost certainly is.
  • Albermarle
    Albermarle Posts: 31,240 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    I m considering investment options

    What other options have you looked at ?

  • wmb194
    wmb194 Posts: 6,057 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 4 March 2024 at 1:43PM
    Over the years lots and lots of well known companies have gone bust.
  • How did you come across this "opportunity"?
    I found it as I have been searching for some good investment to generate extra income

  • wmb194
    wmb194 Posts: 6,057 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    How did you come across this "opportunity"?
    I found it as I have been searching for some good investment to generate extra income

    Can you give us a clue as to where you found it?
  • dunstonh said:
    1- If you know people got success with their investment and got paid as agreed
    They are only as good until they fail.  Without a good understanding of the company, you won't know in advance.

    Broadly speaking, the interest rate offered as a guide to the risk.  If its higher than bank lending then the banks are concerned enough not to lend the money.  Its a lot higher than its riskier.

    3-What steps would you take if you were to invest with them ?
    I wouldn't.   I wouldn't use unregulated investments in a single area with 100% loss potential.  That is too high risk for me.



    It looks like they are progressing , as there are several reports covering that, including Yahoo news and more . It's a good sector, and energy won't go back cheap as used to be before . This is what attracted me to it in addition of course to interest rate they pay .
  • jimjames said:
    Investors in London Capital & Finance got paid. Until they didn't and it was found it was a ponzi scheme from the start. Why are you attracted to this rather than mainstream investments?

    Like what please ? I m looking for an investment that generate extra income .
  • I m considering investment options

    What other options have you looked at ?

    Bonds, social housing, buy to let .

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