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-   -   GUARANTEED stock market fund -- guaranteed to make money? (https://gfy.com/showthread.php?t=611435)

$5 submissions 05-18-2006 04:17 PM

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.

sacX 05-18-2006 04:25 PM

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.

$5 submissions 05-18-2006 04:33 PM

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.

woj 05-18-2006 05:56 PM

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....

JamesK2 05-18-2006 06:07 PM

that's a good idea

minusonebit 05-18-2006 07:25 PM

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.

Big Red Machine 05-18-2006 08:13 PM

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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