"Nightjar wrote in message
...

On 18/08/2014 20:29, Dennis@home wrote:
On 18/08/2014 09:56, "Nightjar \"cpb\""@ insert my surname here wrote:


£15k invested with a medium risk portfolio I have with HSBC would have
increased to £22.78k over 5 years. I wonder if he has made as much out
of the FIT.



He would have made about £5k but at zero risk.


Nothing is zero risk. His house might have caught fire and the fire brigade
refused to enter, because of the solar panels. He might have failed to hear
an electric car approaching and been run over and killed before he had time
to enjoy ripping off the rest of society. The risks of failure might be
low, but they are never zero. I think that the low risk version of the fund
would probably have produced a similar return to the FIT, although I don't
have actual figures for that option.

But that would not give the same smug feeling of legitimately dipping one's
hand into the pockets of others.