Do you have the full details of the company? Have they done it before? Do they have a track record? Sounds too good to be true to be honest with you. But crowdfunding for development is becoming more popular, and at least it's in the UK
yes they're a UK company registered with the Financial Conduct Authority.
I would go and see them and see where they're getting their 37.5% from first
too gd to be true
I think you should shop around a bit. I had that same sum, and I got a Financial Advisor who diversified me.
yer but how do u no if the financial advisor is legit?
haha I did my research beforehand and it was someone known to my family.
there is a lot to be said for crowdfunding as long as you know what you're getting yourself into. You need to check when you can cash out as well, because many people have been caught out with things like Student lets, because you have to wait at least 5 years on some of them to get your money out again.
they said 12 months on the comment
the nice thing about diversification is that not all your eggs are in one basket. By all means go for it, but I would strongly suggest you have several projects, that way if one isn't working so well for you, it's not the end of the World.
I really like that idea thank you