All investments can fail. Some risks are vanishingly remote, but some people win the lottery twice so why take chances?
guarantee
Many people want to protect their capital, but that’s no excuse for buying something you don’t understand. Here’s an easy way to roll your own GEB…
The 18th Issue GEB from NS&I offers limited returns for the risks of seeing no gains. I wouldn’t go near it.
A financial story gathering steam is the alleged miss-selling of structured investment products that ‘guaranteed’ your capital was safe. The issue concerns products ultimately backed by Lehman Brothers, the failed U.S. investment bank. Since what is left of Lehamn Brothers may be unable to honor its commitments as the underwriter of certain elements of the [...]