FMA. Has anyone looked into the details of their Bonds?

pinkchilli


Joined: 30/11/2008
Posts: 689

Message Posted:
16/04/2009 09:08

I don't expect too many responses with people giving their personal financial detials, but I'm wondering if it's too good to be true?



Are their any downsides?



How long is the money tied up for?



I know FMA look on this forum, I know they now advertise here as well, so perhaps they will be able to help. I prefer their info to be in the public domain, as opposed to a friendly chat.

tonykyte


Joined: 19/04/2008
Posts: 270

Message Posted:
16/04/2009 09:48

I have looked at Lira bonds but issued and backed by Euopean Banks e.g. EIB European Investment Bank, they still offer attractive rates and are rated highly by independent Credit Agencies. You need to speak directly with FMA re length of time and draw downs in the period.

I know they are advertising some Australian bonds and I understand they are trying to arrange seminar's by the financial institution offering the bonds.

You have to make your own decisions one's that still allow you to sleep at night! Which ever way you go you still have to consider exchange rate movements over the period of your investments.

I think we have all changed our views on banks and investments over the last 12 months

spider


Joined: 03/01/2009
Posts: 5527

Message Posted:
16/04/2009 09:50

Hi pinkchilli, we wnt in to see Scot,and were happy with what he had to say,and know of a number of other people too,give him a call and go and see him thats the best bet,













Spider,x

girne


Joined: 14/01/2009
Posts: 438

Message Posted:
16/04/2009 11:39

Is FMA ISO'd if so what is their ISO number so l can make sure they are a secure investment.

cyprusishome


Joined: 31/03/2007
Posts: 2381

Message Posted:
16/04/2009 12:05

I always use the agage - if it looks too good to be true, it probably is.



Given the current financial climate I would not be placing cash in anything of medium to high risk, especially if you cannot afford to loose the money.

keithr


Joined: 20/08/2008
Posts: 720

Message Posted:
16/04/2009 14:43

Has anyone invested with Immoinvest-union ?? I've been talking to a mate who claims he is getting 5% per month return on his money !!!



Spread betting maybe ???

rtddci


Joined: 29/12/2007
Posts: 842

Message Posted:
16/04/2009 14:50

I keep thinking of that Madoff guy, he was offering high returns for investing with him. Got away with it for years. He was recommended by those who you'd think would know where to invest. Just shows the dangers.

Edremit


Joined: 16/04/2009
Posts: 1

Message Posted:
16/04/2009 15:56

The Investment products FMA are advertising are LOW RISK Investments via offshore Life Companies based in the Isle of Man - regulated by FSA etc. My advice would be to speak to Scott at FMA direct - it will ease the confusion and stop all the miss information. I did!!!