Quinn freeway risk question

[Kye1]

Hey.

I was told that investing in Quinn Freeway would be risky, since Quinn have there fingers in alot of pots, that if one of there businesses go down, it would take down the rest. Is that true? If quinn went under, what would it mean if i had a large sum of money in a freeway account?

Kye.

 

[ClubMan]

Ah - it's been a while since we had this chestnut...

Who told you this?

Is this thread of any use?

Quinn Direct (Non Life) Credit Rating

There may be more since this issue crops up periodically.

This link from www.itsyourmoney.ie might also be of interest:

Protection

 

[Kye1]

Someone in work told me. I just need a good investment for a very long period of time. Deposit savings is not good enough considering the 30+ year time period, and i think a unit linked investment will be much better then a locked savings account of any kind.

Anyway, thank you for the links

Kye.

 

[ClubMan]

For a 30+ year timeframe you should maybe consider a pension if you are not already doing that.

Google AAM and further afield for more discussion/comments on QL and their financial footing/rating.