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A new Green Deal bond that pays 12% interest – too good to be true?


A plan to revive the flagship energy-saving scheme axed by the government is not without risk, plus there’s no compensation if things go wrongA “green” investment that pays an extraordinary 12% interest and has received a semi-endorsement from a government minister was launched this week.Some people’s instant reaction might be “where do I sign?” – but anyone thinking about taking up this offer needs to remember that you don’t get something for nothing in the world of investment. This is a whole lot riskier than putting your money into a high street savings account, with no compensation if things go wrong. So it’s definitely not for the faint-hearted. Continue reading…

Source : theguardian.com
Read more…A new Green Deal bond that pays 12% interest – too good to be true?

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