Provident Bonds
Discussion
I have a Yahoo email address that usually has an ad at the top of the page for some useless anti aging cream or dating agency etc
This morning there was an ad for Provident Bonds offering 8% pa for 3 years.
Now financially that seems a good rate and steady option but my mind says scam or sort of scam.
Anyone any experience?
This morning there was an ad for Provident Bonds offering 8% pa for 3 years.
Now financially that seems a good rate and steady option but my mind says scam or sort of scam.
Anyone any experience?
Skyedriver said:
I have a Yahoo email address that usually has an ad at the top of the page for some useless anti aging cream or dating agency etc
This morning there was an ad for Provident Bonds offering 8% pa for 3 years.
Now financially that seems a good rate and steady option but my mind says scam or sort of scam.
Anyone any experience?
Why do you think it is a 'steady' option?This morning there was an ad for Provident Bonds offering 8% pa for 3 years.
Now financially that seems a good rate and steady option but my mind says scam or sort of scam.
Anyone any experience?
Skyedriver said:
I have a Yahoo email address that usually has an ad at the top of the page for some useless anti aging cream or dating agency etc
This morning there was an ad for Provident Bonds offering 8% pa for 3 years.
Now financially that seems a good rate and steady option but my mind says scam or sort of scam.
Anyone any experience?
This one?This morning there was an ad for Provident Bonds offering 8% pa for 3 years.
Now financially that seems a good rate and steady option but my mind says scam or sort of scam.
Anyone any experience?
http://www.thisismoney.co.uk/money/investing/artic...
Provident or Providence?
Not sure how Providence would still be advertising: Investigation into Providence Financial
Provident is a UK provider of industrial life insurance (at least that's the US term) and sub-prime lender
Not sure how Providence would still be advertising: Investigation into Providence Financial
Provident is a UK provider of industrial life insurance (at least that's the US term) and sub-prime lender
OP I think you already have your answer, but why do people think you can have a free lunch?
The long term average run rate for developed market equities is likely to be in high single/low double digit returns. So how can anything promising 8% or so per annum be seen as steady?
How these non FCA protected pieces of crap can get promoted to the general public is beyond belief. Yet another sign that the regulators are asleep at the wheel I think.
The long term average run rate for developed market equities is likely to be in high single/low double digit returns. So how can anything promising 8% or so per annum be seen as steady?
How these non FCA protected pieces of crap can get promoted to the general public is beyond belief. Yet another sign that the regulators are asleep at the wheel I think.
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