Independent Senator Dr Kristina Hinds has cautioned Barbadians not to leap into new investment opportunities without ascertaining all potential risks, even as she made it clear she was not seeking to discourage Barbadians from buying into new government bonds going on offer.She gave the advice on the floor of the Senate on Tuesday, during debate on the Barbados Optional Savings Bonds Plus (Offer to the Public) Bill 2022 under which Barbados Optional Savings Scheme (BOSS) bonds will be extended to the general public through a BOSS Plus initiative.Although praising the new bond offer, saying that the returns on the investment are, on paper, lucrative, Senator Hinds advised citizens to seek guidance from financial experts when considering new investments.“Whenever you invest there is a risk, and if we are going to be honest with people we have to tell them that any investment carries a risk, and that means protected as they may be there is a risk,” she said.
