New Topic

Crowdfunding

  • 08 September at 17:13 - by TJSHall - 112 views

Share:

I have been offered the chance of buying into a crowdfunding investment opportunity in Devon...you invest £50,000 in an office block which they are turning into apartments and they forecast over 37.5% ROI in the first 12 months.  Does anyone have any advice on this? As I have £50,000 to invest.

11 Answers

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

08 September at 23:27 - by grimshawl

yes they're a UK company registered with the Financial Conduct Authority.

09 September at 00:17 - by  TJSHall

I would go and see them and see where they're getting their 37.5% from first

09 September at 01:03 - by grimshawl

too gd to be true

10 September at 14:38 - by Aryan111

I think you should shop around a bit.  I had that same sum, and I got a Financial Advisor who diversified me.

12 September at 11:00 - by c.mark

yer but how do u no if the financial advisor is legit?

12 September at 11:21 - by Aryan111

haha I did my research beforehand and it was someone known to my family.

13 September at 07:09 - by c.mark

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.

13 September at 12:20 - by grimshawl

they said 12 months on the comment

13 September at 12:49 - by Aryan111

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.

14 September at 15:01 - by c.mark

I really like that idea thank you

15 September at 22:44 - by  TJSHall
Answer the question

Recent articles

Investments Overseas

Do you want to invest overseas? Investing overseas can provide investment opportunities not available in the U.K. However, if you want to discover if international investments are right for you, have a look at our guide and learn everything you should know about their risks and benefits. 


Effects of Brexit on Investment

How has Brexit impacted investors? Is it the right time to invest? Trying to predict which sectors will gain or lose is pointless. However, you can surely read this article and discover the consequences of Brexit on economy and investment.


Investing in Gold Bullion

Many people are thinking about gold bullion as an investment. However, learning how bullion investments works can be the difference between failure or success. Therefore, make sure you understand everything we explain in this article before making your investment.