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Government Property shares
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I was having a half conversation with somebody and didn't really take in what he was saying.
I think he was saying there is a tax free investment 100 percent safe investing in govt. property shares or something. It was taken out through Bradford and Bingley and is currently generating 11 percent return on a a �50K investment. Even the basic return was better than any isa or equivelent.
I have looked at the B and B site but could not find anything.
any ideas?
I think he was saying there is a tax free investment 100 percent safe investing in govt. property shares or something. It was taken out through Bradford and Bingley and is currently generating 11 percent return on a a �50K investment. Even the basic return was better than any isa or equivelent.
I have looked at the B and B site but could not find anything.
any ideas?
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Never heard of it, and can't think of anything that it could have been misheard for.
In any case an investment that is giving an 11% return is, by definition, not '100% safe'.
There are things called guaranteed equity bonds that guarantee you will get at least your money back with the chance of a percentage of stockmarket gains over their life - but they are not tax free.
I think he was either lying or you misunderstood what he said.
In any case an investment that is giving an 11% return is, by definition, not '100% safe'.
There are things called guaranteed equity bonds that guarantee you will get at least your money back with the chance of a percentage of stockmarket gains over their life - but they are not tax free.
I think he was either lying or you misunderstood what he said.
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