Last time I went to an IFA I told them that I had some cash but I was looking for a house to buy ASAP. I was expecting them to say 'find a high interest instant access account and come back to see us in a couple of years'. They told me to tie it up in a one or two year bond. Wankers (not that I listened obviously).
my adviser works for Natwest, so only interested in selling RBS products. btw my index bond matures in august 2015 looks like a 27% return in value and better than any high interest account / savings blah blah.. these are rare today and the stock market has been steady for three years.
When quizzed i was told RBS invest in Stock Market companies without asking where the money really goes. So I could be funding a weapons programme, security in hot spot regions, dam building in china, or wake up to muffin empire..
obvs no one qualified to answer the fricking question ffs
my adviser works for Natwest, so only interested in selling RBS products. btw my index bond matures in august 2015 looks like a 27% return in value and better than any high interest account / savings blah blah.. these are rare today and the stock market has been steady for three years.
When quizzed i was told RBS invest in Stock Market companies without asking where the money really goes. So I could be funding a weapons programme, security in hot spot regions, dam building in china, or wake up to muffin empire..
obvs no one qualified to answer the fricking question ffs