Dodgy Investment Time
#1
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Joined: Aug 2011
Posts: 2,578
Dodgy Investment Time
It couldn't have happened to a nicer bunch of lads
http://www.dailymail.co.uk/news/arti...flounders.html
Meanwhile, does anybody recall a reported scam where British investors were sold bonds or such like assuring a 9-10% annual return so long as a group of selected high profile equities did not fall by more than 25% in a year?
http://www.dailymail.co.uk/news/arti...flounders.html
Meanwhile, does anybody recall a reported scam where British investors were sold bonds or such like assuring a 9-10% annual return so long as a group of selected high profile equities did not fall by more than 25% in a year?
#2
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Joined: Feb 2011
Posts: 0
Re: Dodgy Investment Time
It couldn't have happened to a nicer bunch of lads
http://www.dailymail.co.uk/news/arti...flounders.html
Meanwhile, does anybody recall a reported scam where British investors were sold bonds or such like assuring a 9-10% annual return so long as a group of selected high profile equities did not fall by more than 25% in a year?
http://www.dailymail.co.uk/news/arti...flounders.html
Meanwhile, does anybody recall a reported scam where British investors were sold bonds or such like assuring a 9-10% annual return so long as a group of selected high profile equities did not fall by more than 25% in a year?
Deposit for them is pennies, I feel a bit for folk who invested their savings and may not have the huge chunks of cash to fall back on. Still, international property speculation is a gamble eh Mentalhead.
#3
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Joined: Aug 2011
Posts: 2,578
Re: Dodgy Investment Time
Do you reckon they were given villas / deposits in return for a picture advertising it?
Deposit for them is pennies, I feel a bit for folk who invested their savings and may not have the huge chunks of cash to fall back on. Still, international property speculation is a gamble eh Mentalhead.
Deposit for them is pennies, I feel a bit for folk who invested their savings and may not have the huge chunks of cash to fall back on. Still, international property speculation is a gamble eh Mentalhead.
#8
Re: Dodgy Investment Time
There should be reciprocal agreement with property - if you're from the UAE, then if you do not have residency in the UK, then out you go. Will never happen, because the British government are too far up the GCC state's arse.....
#9
Re: Dodgy Investment Time
It couldn't have happened to a nicer bunch of lads
http://www.dailymail.co.uk/news/arti...flounders.html
Meanwhile, does anybody recall a reported scam where British investors were sold bonds or such like assuring a 9-10% annual return so long as a group of selected high profile equities did not fall by more than 25% in a year?
http://www.dailymail.co.uk/news/arti...flounders.html
Meanwhile, does anybody recall a reported scam where British investors were sold bonds or such like assuring a 9-10% annual return so long as a group of selected high profile equities did not fall by more than 25% in a year?
The 'scam' I think you are referring to is something known as a precipice bond. It is an investment structure where you receive a stated annual return, but the return of capital at the end of the specificed term is dependent on the performance of known indices or a basket of shares. It's not a scam where the risk is properly explained, but too many people chase the high annual income, ignoring the risk.
Many similar plans have been fine in growth markets, but obviously capital is eroded (often with a stop loss) in a falling market. You really cannot buck market trends, but it's always someone else's fault when people lose out, even when it actually isn't. And that's exactly why it's important to get information or advice in writing and read it. If you don't understand what is being suggested, then walk away.