Sunday, May 23, 2010

Principal Protected Investments

Read this article. These investments are not safe and do not offer an attractive yield.

My comment
My wife and daughter were sold several of these products during the past decade. They were told that they are "safe" and have the potential to earn a good return, if ........... In all cases, they just got back their capital after waiting for five years and lose the interest that could have been earned.

Avoid all structured products. Read the tips in my book, Practical Guide on Financial Planning.