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capital guaranteed plans

kickin king · 2011-04-01 17:55:19

hi,, unsure about investing my money in this very worrying economy and i am notoverly financially literate!! i was consulting with a friend/ banker that advised me to invest my money in a capital guaranteed bond. however on research i have found that these arent very useful as you are paying someone to hold your money in…

01-04-2011 5:55pm

#1

kickin king

Closed Accounts Posts: 46 ✭

Join Date: January 2011

Posts: 18

hi,,
unsure about investing my money in this very worrying economy and i am notoverly financially literate!!
i was consulting with a friend/ banker that advised me to invest my money in a capital guaranteed bond.
however on research i have found that these arent very useful as you are paying someone to hold your money in cash and paying fees or charges of 2% per annum and another 0.5% at its expiration.

is this true that fees related to capital guaranteed bonds are very high,so in other words say if i invested €50000, i could end up being down around €3000 even being 100% guarantee.?????????

would a deposit account or stock be wiser and i am a low risk person???

is new ireland a good centre for this as recent media reports suggest???

please write,, every comment is welcome

merci

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