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Old 23-06-2009, 14:44   #1
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King Of `Saves`..............

King of Shaves offers 6% 'shaving' bond | myfinances.co.uk


Great marketing ploy or great investment idea.......i think a bit of both myself......
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Old 23-06-2009, 16:00   #2
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Re: King Of `Saves`..............

Looks good pipin, but I'm a natural cynic when it comes to money
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Old 23-06-2009, 16:06   #3
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Re: King Of `Saves`..............

Quote:
Originally Posted by jaysay View Post
Looks good pipin, but I'm a natural cynic when it comes to money

mmmm i see what you mean
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Old 24-06-2009, 08:14   #4
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Re: King Of `Saves`..............

Well, 6% is certainly on the "ify" side of things, especially as other corporate bonds from larger and more well established companies are offering far more than this. Given their market share compared to Gillette, this investment would be a little bit like putting your dosh into Setanta as a David taking on Sky's Goliath - and we all know what happened to Setanta last night. But then again, it could be like putting your money into Ryanair as against BA.

However, if you're a bloke spending sixty quid a year on their shaving products, then you're in line for this amount of freebies from them so that effectively doubles the return to 12% on a one grand bond. If you can afford to gamble and lose, then do it; if not, don't.
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