Hands up...
- Thread starter monacoger
- Start date
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I said hands not fingers ffs, no need to be so sensitive.
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Have you missed out any relevant words there like, oh I don't know, potential or possible?
I see so you're guaranteeing an 8.45% PA return on property bonds?
So if I send you 5 grand you'll stick £242.50 straight into my account?
No, because it is paid quarterly or if you prefer yearly, why would it go straight into your bank account and do you know how to work a calculator?
Oh, I now realise why the thread title is "Hands up". He's a ****in stick up merchant.
Does the 8.45% PA rise with inflation? For example if I invest £100k then in the first year I should get £8,450 then next year at current inflation rate I should get £8,619. It should be linked to the rate at which rents are rising which is well above inflation so potentially the pay out for the second year should be nearer £9,500.
The way I understand it and knowing the reputation of the man offering it, if you invest £100k then after the first year you have lost £100k. The following year taking inflation into account you will get £0 and still have lost £100k