RE: Lol8 Mar 2025 13:21
Connaught, equitable life, arch cru, madoff, bear sterns, Lehmann, Woodbridge...
Obviously the UK ones are covered by the FSCS.
However, you're making a pointless comparison. They are clearly not in the same category.
Move on and go seek those investment funds if that's what you prefer. That's no issue if you want a safer bet but even funds have different risk profiles. If you think people here don't understand the risks, that's on them. If anyone thinks funds are riskier than a direct investment in a single exploration miner then they shouldn't be here. You're making a very strange argument that's pointless, and frankly obvious.
I assume the collective we who are invested in pxc are aware of its volatility and risks. We take those risks for greater potential rewards. You can have 9 out of 10 risky stocks go belly up and make huge returns if correctly allocated. It's apples and oranges.
Perhaps best to let us be adults and make our own choices and teach your investment 101 to newbies.
Atb