..once upon a time you could go to your bank and get sound advice – not any more!
So there’s these two old dears with a sizeable lump of cash to invest, securely, who do they trust? Yep, their bank. After all, they’ve been dealing with them for 40 years…
Now, if I lent you £10,0000 I’d expect you to pay about 5% for the privilege.
if I give it to my bank to invest as a ‘cautious investor’ I could make 20%.
BUT, I could also lose half my cash – hmmm – that’s a good deal?
How is that good advice for a ‘cautious investor’
Fucking arseholes….