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Nutmeg Investment Opinions?

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  • Nutmeg Investment Opinions?

    Is anyone familiar with a company called Nutmeg Investment? They are supposed to be trying to be the Mint.com of investments. They are a UK based company and I'm in the US so I don't know anything about them except hearing about them from a friend who lives in the UK. I will be transferred over there for a couple of years as part of my work, so I'm trying to find out more about them. I know that may be a longshot in this forum since it is mainly US oriented, but I like the solid opinions that the users here give, so I thought it was worth a shot that there might be a few that can review it or have a first hand opinion of it.

  • #2
    I'm not sure about this, but anytime a company says they will be the next something of something -- "mint.com of investing" -- I take everything they say with a grain of salt. Companies that compare themselves to the next greatest thing without any track record seem to me to be in the business of hyping themselves, not really to be the next big thing. I think you would be better going to a UK website to get more accurate information on Nutmeg investments, but jus that initial claim would make me approach it quite tentatively.

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