Here's an investment I wouldn't recommend!
Basically, they stick your money on deposit for six years (that's where the 30% comes from) and there must be some well-capitalised house-price-bears somewhere who are prepared to take the other side of the gamble, in other words, the more prices fall, the bigger their pay-out (and vice versa).
If I were a bank or building society, or indeed a big property company, that's exactly the kind of punt I'd take - it insures me against house price falls.
So, who do you think will win this bet, the Big Boys or the mugs who sign up for this?
The Thing You Need To Remember About Reports...
3 hours ago
1 comments:
"You should also note that your original investment will be
returned in full regardless of the movement in the Index."
Its not that much of a risk.
"Capital protection is subject to continuing solvency of the major
financial institution which issues the underlying investments of the
Plan."
Or maybe it is.
File under - sounds too good to be true
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