mah
Member of DD Central
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Post by mah on Oct 20, 2020 10:47:04 GMT
Regulate mini-bonds and immediately compensate and protect investors.
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ribs
Probably not James Marshall
Posts: 148
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Post by ribs on Dec 5, 2020 8:01:24 GMT
And I quote, from their website:
In plain English: - Money you put in is at risk
- Money you expected to warn through interest may not materialise
You are investing. There is an element of risk. At no point should the tax payer be bailing you out for choosing poorly. (Unless of course you're a "too big to fail" bank, in which case it seems the rules don't apply to you)
That's the entire point.
If you don't understand that, you shouldn't be putting money into these products. It's that simple.
Full disclosure: I am a Wellesley investor who is going to lose money from this farce. But that was the risk I took. And it's mine alone to take.
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