40-Year Mortgages

Are VCTs Worth the Risks, and 40-Year Mortgages?

The FT Money supplement on Saturday ran a big article on Venture Capital Trusts which was headlined “Are VCTs worth the risks for higher earners?”. As a long-standing investor in such companies, having first invested in some in 1995 soon after they were launched, it made for interesting reading. It seems that wealthy investors are flocking to these funds due to the generous tax breaks and now there are few other good alternatives so the amount invested in them reached near record ...