Government Property shares

[Shadow Man]

I was having a half conversation with somebody and didn't really take in what he was saying.

I think he was saying there is a tax free investment 100 percent safe investing in govt. property shares or something. It was taken out through Bradford and Bingley and is currently generating 11 percent return on a a �50K investment. Even the basic return was better than any isa or equivelent.

I have looked at the B and B site but could not find anything.

any ideas?

[dzug]

Never heard of it, and can't think of anything that it could have been misheard for.

In any case an investment that is giving an 11% return is, by definition, not '100% safe'.

There are things called guaranteed equity bonds that guarantee you will get at least your money back with the chance of a percentage of stockmarket gains over their life - but they are not tax free.

I think he was either lying or you misunderstood what he said.