Post by Sapphire Capital on Mar 19, 2010 1:01:16 GMT 4
I do see the offers every day, invest money in a risk free environment and make triple digit returns, a day, a week or a month or a year.
I want to propose to get back to the good old days of common sense and have people think through what they are actually doing. There are derivatives which read principal protected and they are actually tools linking to an index for a fee and leave 93% of the money free to play risky games; there are those offers taking about CD's for 365 days +1, forgetting that it is the same risking your money or the CD and that the bank gets the money for the CD (and yes surprise surprise there have been banks failing), there are the bank guarantees replacing the money as if there is no risk there and so on and on.
High return with out risk does not work! There is always a risk, even if it is considered technical risk, which can in a heart beat leave you penny less or stuck!
I want to propose to get back to the good old days of common sense and have people think through what they are actually doing. There are derivatives which read principal protected and they are actually tools linking to an index for a fee and leave 93% of the money free to play risky games; there are those offers taking about CD's for 365 days +1, forgetting that it is the same risking your money or the CD and that the bank gets the money for the CD (and yes surprise surprise there have been banks failing), there are the bank guarantees replacing the money as if there is no risk there and so on and on.
High return with out risk does not work! There is always a risk, even if it is considered technical risk, which can in a heart beat leave you penny less or stuck!