I think Twinings Earl Grey is great. If you don't, though, don't buy it.

I think Marmite is lovely. If you don't, though, don't buy it.

I think this Bond thing...well, I'm being heavy-handed, but...

For me it works either

a) as effectively/emotionally a gift to the club. We've all - well most of us - done this in the past, by buying shares and the like with no resale value or prospect of a return. I've done that gladly and should the need arise and if I had the money to spare I would do so again; I'm very far from alone in that.

b) as part of a balanced investment portfolio - especially within a SIPP (which according to biffbro you can do - if that's right that's really interesting). I wonder if you can put an ISA wrapper round it?

On (b) clearly there *is* the risk of capital loss if the club goes bust. I don't think that risk is at all high but it's non-zero. However, pretty much any investment comes with some kind of risk.

Anyone who puts their house or a significant portion of what they have to invest into this scheme is, well, braver than I. However as a higher-risk, higher-return part of a broader spread of investments I can't see how it doesn't make sense.

I appreciate some people don't like the Board so anything that the Board do is by definition wrong for them. Which is fine - I'm not going to be changing any minds on that. For me, though, it's a good move by the Board.

TL;DR - if you don't like it, don't do it.

Posted By: Old Man, Mar 9, 16:26:06