With interest rates so low that your savings are making very little, the promise of a return of 12% or more can be tempting. Investors who may have started with a buy to let apartment or two may be tempted by a car park investment, or maybe a bamboo plantation, stamps, fine wine, student "pods"...
But is it real or a scam? In the UK, risky investments would be clearly designated under FCA rules as, for example, Unregulated Collective Investment Schemes. Living abroad, not under FCA rules expats can be at risk.
The golden rule is: if it sounds too good to be true then be very wary (and especially wary if the salesman is driving a Ferrari).
If you haven't spoken with us before or would like to just get a second opinion on your current investments contact us - firstname.lastname@example.org - today for a free initial consultation and review.