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| Financial Spread betting... http://www.dvf.org.uk/forums/viewtopic.php?f=1&t=6924 |
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| Author: | Barracuda [ Tue Jan 31, 2006 11:55 pm ] |
| Post subject: | Financial Spread betting... |
| Author: | Morningstar* [ Wed Feb 01, 2006 4:01 pm ] |
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got any links for this? |
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| Author: | BournE [ Wed Feb 01, 2006 4:30 pm ] |
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I stay well clear of spread betting, you can lose a lot of cash very very quickly. |
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| Author: | Spook[UK] [ Wed Feb 01, 2006 6:07 pm ] |
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| Author: | Barracuda [ Wed Feb 01, 2006 9:29 pm ] |
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| Author: | Spook[UK] [ Wed Feb 01, 2006 11:10 pm ] |
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Sounds risky... 6k profit on 16.5k invested over a year is way above the odds. The fact thay they charge you £300 a month for managing your investment means that they win whether you make money or not. They must be gearing up your investment significantly and I suspect you'll find a warning that you can lose more money than you've invested ("Your home may be at risk etc."). Check the small print regarding "margin calls" etc. |
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| Author: | Rascal [ Thu Feb 02, 2006 1:53 am ] |
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if it was consistently that easy to make 6K off 16.5K, why are they offering the opportunity to other people at 300 a month, why not cut the middleman out and just mint up themselves I'd steer well clear. |
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| Author: | Barracuda [ Thu Feb 02, 2006 2:09 pm ] |
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