Energy Bond

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24

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  • mailmannz
    mailmannz Posts: 311 Forumite
    First Post First Anniversary Combo Breaker Debt-free and Proud!
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    I would avoid any industry that relies solely on Government subsidy to stay in business!
  • bigadaj
    bigadaj Posts: 11,531 Forumite
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    mailmannz wrote: »
    I would avoid any industry that relies solely on Government subsidy to stay in business!

    Banking?....
  • AnotherJoe
    AnotherJoe Posts: 19,622 Forumite
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    Connie_Hayes wrote: »
    Has anyone taken out the new Energy Bond which they say is backed by the government. It advertises 3-5year bonds for 7% - 9.25%

    Where does it say it's "backed by the government" (of course it isn't)
  • bigadaj
    bigadaj Posts: 11,531 Forumite
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    mailmannz wrote: »
    I would avoid any industry that relies solely on Government subsidy to stay in business!

    Banking?....
  • EachPenny
    EachPenny Posts: 12,239 Forumite
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    bigadaj wrote: »
    Banking?....

    ...that, plus pharmaceuticals, healthcare, transport, communications, manufacturing, agriculture.

    I'm not sure about retail, but think we might just be able to exclude it from the 'avoid' list.

    So what's left of the FTSE100 we can still invest in?
    "In the future, everyone will be rich for 15 minutes"
  • AndyT678
    AndyT678 Posts: 757 Forumite
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    EachPenny wrote: »
    ...that, plus pharmaceuticals, healthcare, transport, communications, manufacturing, agriculture.

    I'm not sure about retail, but think we might just be able to exclude it from the 'avoid' list.

    So what's left of the FTSE100 we can still invest in?

    Beer and fags obviously. Not much government support there.
  • Zanderman
    Zanderman Posts: 4,683 Forumite
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    edited 26 June 2017 at 9:18AM
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    This thread is 6 months old!

    Only resurrected (for no obvious reason) by this...
    simon1965 wrote: »
    I was cold called by a gentleman named Aslan Kaplan, upon a quick google search of 'Aslan Kaplan investments' {text removed by MSE Forum Team} definitely alarm bells ringing.
  • EachPenny
    EachPenny Posts: 12,239 Forumite
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    And meanwhile the OP posted once and hasn't been back :think:

    Maybe they are too busy spending the profit from their investment?

    Or could it be their real surname is Merchant? ;)
    "In the future, everyone will be rich for 15 minutes"
  • David_Chippard
    David_Chippard Posts: 2 Newbie
    edited 26 June 2017 at 9:20AM
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    {text removed by MSE Forum Team}

    {text removed by MSE Forum Team}everything from carbon credits to diamonds to land now in bonds in a wind turbine {text removed by MSE Forum Team} called FRE plc.

    ANY company that this Aslan character works for, run from the hills if you have any sense! He is very aggressive and clearly has not been to school before as he uses words he has no clue of the meaning and constantly babbles a string of lies. A shame that the human race produces humans like these.
  • David_Chippard
    David_Chippard Posts: 2 Newbie
    edited 26 June 2017 at 9:21AM
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    {text removed by MSE Forum Team} no intention to repay bond holders principle capital at all- their plan is to make a few interest payments to keep investors temporarily happy then to follow the small print t&c's and pay investors Bank of England base rate 0.5% instead of returning their initial investment. Disgusting company and ethos. Notice how the directors have a string of energy companies set up and dissolved s couple of years later- this is just the latest. Aslan Kaplan is one {text removed by MSE Forum Team}- terrible phone manner- never worked a professional day in his life- he makes Del Boy look like he went to Etonian! Stay firmly away!
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