What I do know is that it is common for shaky investments to use capital from new investors to pay a "return" to early investors, in order to persuade them to invest even more, regardless of whether the underlying investment has made any real returns at all.
pinxos wrote: »
There seems to be a lot of uninformed comment re this investment rather than actual facts. Have any of the previous posters actually read the due diligence available on the SIPPclub website? I am in no way connected to anyone "selling" this investment but I have ACTUALLY read all the due diligence and investigated the company my self. My wife and I invested last June and received the first 6 monthly interest payment in January and fully expect the same in July!
Of course ALL investments of this nature carry a risk - it is up to the individual to assess whether the returns justify that risk.
By simply dismissing something out of hand without knowing anything about it or doing any research into it seems a bit strange for someone with "adviser" in their job title :-)
Another view may be that registered IFA's are not permitted under their own regulatory restrictions to recommend them?
bobbyshaw wrote: »
any one with any positive feedback on Dolphin Capital GmbH
It will rise to 1.40% from June
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