JP Morgan Personal Investing - £100 Cash Offer

wmb194

https://forums.moneysavingexpert.com/discussion/comment/81950320#Comment_81950320

If you tell it that you're extremely risk averse it'll put you in the lowest risk appetite category and invest your money largely in bonds.

https://www.personalinvesting.jpmorgan.com/fully-managed-portfolios

Altior

https://forums.moneysavingexpert.com/discussion/comment/81950545#Comment_81950545

Of course, I wouldn't consider that mix a cash proxy though. As you know I'm not risk averse but personally I like to define bonus hunting from my strategies that include risk. I would have used a modest element of my cash holdings to have gone for this offer. I recognise other may have a different approach but it's important to highlight the opportunity cost (or modest benefit, as the case may be!)

wmb194

https://forums.moneysavingexpert.com/discussion/comment/81950830#Comment_81950830

It's as close as you'll get with this and it's only £1,000. If it's broadly what someone's thinking of doing anyway then it's not much of a risk.

Altior

https://forums.moneysavingexpert.com/discussion/comment/81950927#Comment_81950927

Inexperienced investors might not be aware that there's no proxy cash option on JPM. I feel like it's worth pointing out anyway, the upside after a year isn't attractive in my opinion, compared to risk free. But if you're going to invest in the same/similar elsewhere anyway, it might just be worth the tie in.

wmb194

https://forums.moneysavingexpert.com/discussion/comment/81951117#Comment_81951117

Plenty of inexperienced investors go for 100% equity and they go to JPM and other robo-investors for a helping hand so it's probably not really an issue. The £100 is a bonus.