Wednesday, November 25, 2015

What it says on the tin

I set every, and I mean every, setting on my computer to print the document in Portrait because it’s a document and not a picture. The printer chooses to cut every page in half and churn out the entire document with every page chopped in half. Landscape. I did not ask for landscape. I tried again. I tried every conceivable setting. 

Landscape, landscape, landscape.

Eventually I emailed the document to a colleague who printed it to the same printer on the same network with the same settings, and it came out just perfect.

But this is a minor issue. What is more, yea, much more irritating is a “Low-risk, low but steady growth” investment. It performed faultlessly for two years and I could, with a year’s notice, take my money without penalty. That was what I was sold. That is what is in the contract.

After two years, it all went wrong. The company froze the fund to prevent any withdrawals and progressively devalued it. Now that it is available for withdrawal, I’m told that I can’t take anything out without incurring massive early redemption penalties. The money must, apparently, sit and earn no interest for three more years.

Hang on, you said…

“I am altering the deal. Pray I don’t alter anything further.”

So much for offshore investments. I’d have been better off sticking the money under the mattress. As I stand today, it has cost me a year working the Job From Hell just to break even. I am angrier than a tiger with a red-hot poker up its arse.

I’m not asking for the moon on a stick. I don’t want unrealistic returns. I specifically chose low risk to avoid all that crap. All I want is what was advertised. But, it seems, Financial Typhoid Mary here can’t get anything right when it comes to savings.

So my advice? Regarding offshore investments with any of the multitudinous firms offering these services? Don’t…

Just don’t.


No comments:


The opinions expressed in this weblog are the works of the Grumpy Goat, and are not necessarily the opinions shared by any person or organisation who may be referenced. Come to that, the opinions may not even be those of the Grumpy Goat, who could just be playing Devil's Advocate. Some posts may be of parody or satyrical [sic] nature. Nothing herein should be taken too seriously. The Grumpy Goat would prefer that offensive language or opinions not be posted in the comments. Offensive comments may be subject to deletion at the Grumpy Goat's sole discretion. The Grumpy Goat is not responsible for the content of other blogs or websites that are linked from this weblog. No goats were harmed in the making of this blog. Any resemblance to individuals or organisations mentioned herein and those that actually exist may or may not be intentional. May contain nuts.