"Absolute Return CD" wtf

are you sure it says up between 16 and 18%...

it's probably a bit different with some sort of barrier, cause 10% would be too much.
 
Quote from Xuanxue:

I think the alleged family member is a fictitious character and who we're really on about is you; and since I already know you to be a selfish prick on one hand and looking for handouts on the other, there's nothing in it for me or anyone else answering you.

Google it, asshole.
More...

Ouch..





lol
 
Quote from JamesJ:

are you sure it says up between 16 and 18%...

it's probably a bit different with some sort of barrier, cause 10% would be too much.
More...

Here's what she emailed me:

CD1 - DJIA Absolute Return CD
Range 15%
Must never TRADE outside of barriers

CD2 - DJIA Absolute Return CD
Range 12.5%-14.5%
Must never CLOSE outside of barriers

CD3 - SP500 Absolute Return CD
Range 12.5%-14.5%
Must never CLOSE outside of the barriers

CD4 - SP500 Absolute Return CD
Range (lower) 10% / (upper) 19.75-22%
Must never CLOSE outside of the barriers


So it looks like that last one has a lower barrier but the rest don't.

I think the online bank idea sounds good. FDIC insured. Take your money out whenever you want. Better return than the other CDs (which are like 3% or less).
 
you have to keep in mind, that the bank hedges this position with options and t-bills and they want to earn some money (and usually a lot with this kind of structures products)...

and volatility is high now, so those barriers are likely to be hit...

maybe it's better to go with good old t-bills or similar safe stuff...
or exchange your money into a different currency where you get a real return (and hope for a further weakening of the inflatonary USD)

i'm swiss and i'm happy with my swiss francs... ;)
 
Hire some rocket scientist Ph.Ds and get their expert opinion on these complex financial instruments and then do the opposite.
 
You must log in or register to reply here.
Back
Top