Contact

News & Insights

Investment Cons and Misleading Deals

It transpired that no matter what type of investment I requested (Income, growth, 5 years, 7 year, 9 years) I was offered the same provider (whose company name sounded good but I know is not).

All of the investments were offering me guaranteed capital with high rates of returns, which are not possible in my opinion.  They all offered NO access during the term and I wouldn’t be 100% sure the company would still be around at the end of the term.

I put my email details and phone number to request personal information – I now find myself getting several calls per week and at least one email a day from this company

What I would always urge anyone to do is always get a second opinion on anything that is advertised especially through social media.  When I asked the friend who had supposedly ‘liked’ the page about this they had never even heard of the comparison website.

What are available for Ex-Pats living in Spain are the Spanish Compliant Bonds that can offer security as well as a very good rate of return and can cater for all risk profiles from the Cautious Investor to the more speculative risk taker.

These can be very tax efficient and offer an excellent vehicle for clients wanting to take regular income or if you just want to let your investments grow over time.

by Keith Littlewood, International Financial Adviser in the Costa Blanca

This communication is for informational purposes only and is not intended to constitute, and should not be construed as, investment advice, investment recommendations or investment research. You should seek advice from a professional adviser before embarking on any financial planning activity. Whilst every effort has been made to ensure the information contained in this communication is correct, we are not responsible for any errors or omissions.

Other News

How to get a mortgage in Portugal as an expat

Portuguese TramIn recent years Portugal has become a very attractive prospect for anyone looking to move to sunnier climes. A number of initiatives by the Portuguese government have made it easier for non-European citizens to apply for special visas, which allow them to both live and work in the country. The most famous of these is the so-called Golden Visa, which permits people to become resident based on their making a significant investment in the country, purchasing property, or setting up a business. Whatever your reason for wanting to move, and there are many, getting a mortgage in Portugal is going to be high on your agenda.

Read More

Successful Wealth Management in 2019

Stocks, bonds, mutual funds and commoditiesTo make the most of the rest of the year, one important wealth management question you should be asking yourself now is how diversified do you need your investment portfolio to be.

You could follow this with more questions: are you invested in a single country or region? What about industry sectors? And how is the mix of your asset types looking?

These questions, and your answers to them, can help you review and build your investing strategy so that you can provide for your retirement objectives. Having an understanding of some of the theory behind a good strategy is a good place to start.

Read More

Select your country

Please select your country of residence so we can provide you with the most relevant information: