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?
Elevate their cause?
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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