fine wine, sports memorabilia
If people want to be stupid enough to invest in something that they know nothing about,That is why I am asking HERE know nothing about the people that operate them or any track history,I say again, I am asking here let them do it. Invest away at their own risk.I am asking for peoples opinions and if they have heard of this company After all it is their own money and as long as you're not acting in an advisory capacity let them off. There really is no allowance for stupidity.AND your posting illustrates this, you haver offered no advice about this company or if you know anything about them,
I came in here asking questions about this company, so far I have been told it is high risk and to stay away (No reason why though)
It is high risk because:
1. All you know about company is in "nice glossy brochure" exactly, that's why I am asking in here
2. You received it in the post it came with my name on it (and everyone else's did) which made it very convincing
3. If you still not convinced, read thirst two again! I have
Seems to me I have upset a few people in here, but I'm no money genius or know all, if I need information that I dont know, I'll ask, or look for it
The previous poster (Tenchi Fan) gave me the advice I didnt know about, that I will pass on, and as I said, what they do with the info, is up to them
But not all my questions were really answered (someone must have had some dealings with them, their mail drop couldnt have justr been my street, could it?)
But it does seem no one really knows anything about this company or has made or lost money with them (judging by the replies)
Hi Dalek
"it came with my name on it "
It is easy to get the personal details from the telephone/electricity companies if you have selected the option allowing them to share information about you. I try not to shhare too much about myself, but sometimes have no choice
Anyways, putting your name on the envelope or on the glossy brochure is a marketing gimmick and has certainly worked (in your case)not really, I wanted to know more about them, hence my posting and asking in here.
Golden rules before you invest are like this:
*You know the company never heard of them, so questions have got to be asked
*Registered with the country's financial authority and Securities-Exchange Board etc couldnt find any info
*Board of directors are well known people in the industry like Warren Buffet etc.. couldnt find any info
*Previous track record. no info availible or could be found
*If the company is new then its fundamentals should be really strong.I dont know how old a company is, but even old companies can get caught up in a scam
I appreciate that if goods or services are being sold or promoted in Ireland, people should be able to get an independent opinion on that product or service, however the above statement is false and misleading. I set out the reasons why as follows:
1. The company is not regulated by any financial authority as it
does not require regulation. It does not sell financial products. The
company offers a portfolio product (Mulit-Asset Growth Portfolio)(MAG)
that includes ownership of several tangible assets. The portfolio
includes:
2. Investment grade wine (rated by George Parker - the leading wine
specialist);
3. Fine grade gold at a grade of .9999;
4. Memorabilia items that come with a certificate of authenticity;
(an alternative investment product offered by Stanley Gibbons - a
leading stamp valuation and appraisal company); and
5. Entitlement to income generated from a hotel room for one week
per year, with a right to stay at that hotel or any of the their
hotels (currently 7 countries within Europe and North Africa) for a
minimum or 7 days or a maximum or 28 days (depending on the package)
per year. We have testimonials of this product and the benefits of
investing in this type of fractional hotel ownership. All the
investors of this product have received their guaranteed returns of
8%.
6. The company is currently offering a MAG IV which now includes
sublease ownership of farm land with returns to investors of 16%
for the first rice harvest.
7. It also offers opportunities to buy ground rents. These do not
provide large returns however freehold ownership of leasehold land
in the UK has become very appealing and has only recently become more
accessible and in demand tby the general public through public
auctions. Again, these products are not regulated by the FSA or any
other financial regulator in the UK or Ireland.
Much like when an investor invests in a managed and regulated fund, the investor receives a share or portion of that fund. Capital Alternatives offers the investor an opportunity to actually own the asset and not merely own a share of the whole portfolio. Each investor owns each of the parts individually. This is merely an alternative way of investing in assets.
Hello, I have invested with Capital Alternatives, the reason I invested was through a family member who has had many years of successful investing with them. Your right, they are not regulated but then again not everything can be regulated by the FSA and my property portfolio has never been regulated. I invested in their Agri Capital one and a half years ago ( Rice plantations) and in my first year I received 15 %, since then it has gone up to 16.2%.....and I get two cheques a year !! I have always found them to be professional and their knowledge of the markets has been second to none. These days you can never be too careful. I get many calls in a week from companies offering huge returns, I have often been tempted but when I ask to visit them at their offices they always disappear.......I have visited the offices of Capital Alternatives twice in the last 12 months, I have met my Broker and he makes a lovely cup of tea. I suggest you call them and ask to visit them, it will put your mind at rest.Has any one heard of these guys? I have received a mailshot and a panflet in the post today. They claim to produce a 9% to 15% return on my money whilst investing into 4 key areas - gold bullion, fine wine, sports memorabilia and finally into a shar of a hotel room with room to invest who i have heard of. The room to invest concept i dont really like as i think the prices are bumpt up to give you rental guarantees, thats not always the case but with this i think it is clear that is the case. Has any one dealt with Capital ALternatives, have an opinion or more importantly invested money with them????
Thanks
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