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Post by GentlemansFamilyFinances on Jun 9, 2022 8:30:22 GMT
Even after half a bottle, I couldn't see that investing in Orbital for an upside of 6% interest a year over 10 years was worth it. So I didn't invest and will cash out at the end of the month with a nice payday.
However, the £4 million that they were looking for all went yesterday. A combination of people rolling over their investments and new money.
My issue with the 6% is that it seems low for something that is risky and if it does pay off, the investors will make a lot more. If it fails (as is want) you don't have the protection that the EIS investors have and all your money will be gone.
Furthermore, if you want a 6% return you can invest in a nice renewable energy fund and not have to worry or think about it.
Anyone here invest?
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Post by overthehill on Jun 9, 2022 8:41:18 GMT
Even after half a bottle, I couldn't see that investing in Orbital for an upside of 6% interest a year over 10 years was worth it. So I didn't invest and will cash out at the end of the month with a nice payday. However, the £4 million that they were looking for all went yesterday. A combination of people rolling over their investments and new money. My issue with the 6% is that it seems low for something that is risky and if it does pay off, the investors will make a lot more. If it fails (as is want) you don't have the protection that the EIS investors have and all your money will be gone. Furthermore, if you want a 6% return you can invest in a nice renewable energy fund and not have to worry or think about it. Anyone here invest? pictet clean energy and blackrock sustainable energy funds are up 70-80% in 5 years.
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Post by GentlemansFamilyFinances on Jun 9, 2022 13:19:40 GMT
There seems to be an aspect of venture charity involved in some of these projects. 12% p.a. return worked well for this project but the other one north of Hadrian's wall looks less so - the burden of debt plus interest requires refinancing at some point. 12% might justify it in an era of low inflation and interest rates but high inflation and rising interest rates, 6% doesn't equate to a risk adjusted return for me (and that's before inflation).
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