Well i have come into a bit of money, and have seen a financial advisor a few times but feeling a bit pushed to make a desision and not wanting to keep loseing interst he is drawing up paperwork for a "Guarenteed Stockmarket Linked Growth Bond" It lasts 5 years and guarentees i will receive 110% Of what i invest back min, so say i invest 10K i would get 11K Back Min, but he thinks he could make me 60% Now not being in the know about such things...... What do financial minded people think? The bank is HSBC and they will invest it in FTSE 100.... Just not realy sure if this is the best option i meen sure im guarenteed to make a profit...... but is there anything else (That will defo not lose me any money) to give me a better profit? Also i will be going to university and he says i will be able to get a grant, but to put it into an investment like this otherwise the interest will be considered income and i wont get any help with uni so will come out worse off? Thanks for your help

Jcb33,

You realize that no one, no one, and I do mean NO ONE can guarantee a return on an investment, right?

Anybody who tells you they can, is out to steal your money.

Run, do not walk, away from this individual.

lol HSBC is the second bigest bank in the world when they offfer a guarenteed package thingy it is guarenteed

good luck

-JMPD out-

as far as i can see, hsbc will be better suited to answer your questions than us surely?

Well no cuz i feel they want me to do shares and thats it lol

Its your money - tell them you don't want to do just shares and they can help you sort out what you want.

Also check out the other banks and what they have to offer...

You could invest in property if you don't want shares. Many people buy houses and sell them on a couple of months of a couple of years later, getting a profit.

You could start up your own business.

You could get an ISA.

And plus if you have all this stacks of money - why do you need a grant?!

Its him who keeps going on about grants not me

You don't need to do anything that the HSBC guy tells you.

If you have all this money, it's hardly fair that you get a grant.

I have zilch money, and because my parents aren't poor I don't get a grant - yep the system sucks.

Why don't you speak to an independent financial adviser, that way they won't be influenced by what the certain bank thinks will be the best for them.

Also like I said, speak to other banks to get a wide concensus of opinion, rather than this guy who you are clearly unhappy with.

Above all, remember it's your money, not HSBC's so you can do what you like with it, and don't be pressured into doing anything you don't want to. They are there to help you, so if you're not quite sure about what they are saying, stop them and ask them to explain it.

Hope my advice helps.

Moe has a better idea. We will hold all of your money for you and then spend it. No no. We will not spend it on radom useless trinkets. banish the thought! Oh no. We will buy many wholesome things likes cheeses and rare types of butter and salsas.

You see, we told you. In Moe, we trust.


There is no need to thank us.

sounds like a plan. cept I don't like cheese.

But I'll buy other things - like rent with it!

At least I won't have to work my ass off this summer!

Yay - problem solved!

Indeed. Invest is Moe. In Moe, we trust.

This applies to all potential investors out there. We accept all types of credit cards and even pay pal.

You may often times, question the ways Moe spends your hard earned money. But do not fear for Moe is wholesome and promises only to buy the metal robots that say" Beep!" The ones the say "Boop!" have been known to do evil deeds and we shall not do business with said usurpers

No need to thank ua.

Only worrie is he is drawing up paperwork for me to sign tomorow... and i dont wanan upset him :S

Oh my god.

You don't wanna upset him...

Hello!

IT'S YOUR MONEY!

If you don't understand what he's talking about tell him!

He sounds like a bit of a prat if you can't bear to "upset" him.

Can't you take someone else with you for moral support?

lol i do take someone else they tell me i need to make a desision which is why i agreed in a way

You don't have to make a fast decision surely.

Just remember, it's your money not theirs.

Just do what feels right...!

Give it to charity!

Well not all i need that to go uni

I was kidding, I'm just saying, don't do what you don't wanna.

If you don't want shares, don't have em. On the other hand, why not - you say you "gained" this money, so I say have a bit of fun with it.

I suppose... the worst it can do is make me 10% profit lol