If you chose a ‘cautious’ investment would you expect to have up to 60% of your funds invested in risky shares? Probably not, which is why the names are changing – the problem is, the new names aren’t any clearer.
Posts tagged with "investments"
If the government offered you £1,000 worth of bank shares you’d bite their arm off wouldn’t you? A radical proposal suggests that taxpayers become stakeholders in banks – and sell their shares to make a profit.
A political think tank has proposed that Isas aren’t helping low earners save money and should be scrapped and replaced with something far less rewarding. So should time be called on Isas?
None of us like poor value products, but that doesn’t mean you’ve been scammed. The banks might offer you rubbish interest rates on your savings, but this isn’t illegal. Scams are a whole ‘nother kettle of fish.
Peer-to-peer lending websites can give people much-needed affordable loans, while also rewarding lenders with decent returns. But this comes with a higher risk that you need to be willing to take.
A risk quiz can be a handy way to kick off a conversation about what you might want from your investments. But don’t let it define where you put all your money – you could end up taking on more risk than you thought.
Hundreds of millions of pounds of unsuitable pensions and investments are sold every year, with sellers cashing-in on commission. In my mind, the end of commission-based investment advice can’t come soon enough.
Have you heard the one about the boiler room scam? If you’ve got no idea what I’m talking about maybe it’s time to get clued-up, or your next investment could leave you out of pocket.