Gosling's Grouse: Decisions, decisions

Decisions, decisions

If I was allocating client money, I would find myself with a real investing dilemma.

In the past couple of weeks, a few ‘interesting’ investments have landed on my desk. A product paying a guaranteed 9% over ten years for a minimum investment of 10k has all the hallmarks as an alternative to annuities. Another investment – a bond – is offering a coupon of 6.25% over ten years with a minimum investment of £100k, at a time when 10-year gilts are offering less than half that figure. The first is linked to car-parking spaces at Bury Football Club – what you might call an ‘asset-backed’ investment if you believe anything to do with car parks is a real asset. The other is b...