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Old 05-18-2006, 04:17 PM   #1
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GUARANTEED stock market fund -- guaranteed to make money?

http://news.bbc.co.uk/1/hi/business/4986918.stm

Interesting concept. You keep the gains. If you 'lose' -- government steps in and absorbs the losses, you don't lose your investment.
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Old 05-18-2006, 04:25 PM   #2
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as long as only the poor are able to invest then sounds like the idea has potential, more as a social scheme than an investment idea.
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Old 05-18-2006, 04:33 PM   #3
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Quote:
Originally Posted by sacX
as long as only the poor are able to invest then sounds like the idea has potential, more as a social scheme than an investment idea.
The guarantee is also good for only 2 years.
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Old 05-18-2006, 05:56 PM   #4
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that's pretty cool, but really, chance of losing money if you invest in a diverse fund over a 2 year period isn't very high....
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Old 05-18-2006, 06:07 PM   #5
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that's a good idea
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Old 05-18-2006, 07:25 PM   #6
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Quote:
Originally Posted by $5 submissions
http://news.bbc.co.uk/1/hi/business/4986918.stm

Interesting concept. You keep the gains. If you 'lose' -- government steps in and absorbs the losses, you don't lose your investment.
Great, just what we need. Another bullshit utopian, perfect world, socialist handout, protect people from themselves government idea.
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Old 05-18-2006, 08:13 PM   #7
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Mutual Funds were good 10 yrs ago. Now theres too many funds , too few good fund managers. The real good ones are closed to new investors. I guess the government wastes soo much money, atleast they'll hedge with the market.
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