I like investing in banks because the government will always bail them out, so your money is guaranteed by the tax payer.
With house prices in London continuing to increase, I see Nationwide as a good way to invest in property without actually under going the dirty process of one.
The checks and balances on Mutual companies worries me tho and current state of the 'co-op' only reinforces that 100 fold.
Still looking for somewhere to invest my nesteggs
Tempted by the new share offering in Nationwide.
http://www.bbc.co.uk/news/business-25051097
I like investing in banks because the government will always bail them out, so your money is guaranteed by the tax payer.
With house prices in London continuing to increase, I see Nationwide as a good way to invest in property without actually under going the dirty process of one.
The checks and balances on Mutual companies worries me tho and current state of the 'co-op' only reinforces that 100 fold.
However there are some major differences between these two businesses so perhaps unfair to link any judgement with it.
http://www.bbc.co.uk/news/business-24952848
25k in Nationwide for 11%
Anyone else in?