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competentone competentone is offline
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Join Date: Mar 2004
Location: Summerville, SC
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Quote:
Originally Posted by TerryH View Post
The guarantee funds I'm in are simple interest bearing accounts. Just like a bank savings account. You are guaranteed to make money, just not much... lately.
But exactly what sort of securities are behind those funds?

Even if the "borrowers" represent a good credit risk, with the governments of the world "printing" money at unbelievable rates, how do you expect "lending" money (which is what you are doing) at fixed interest rates won't be decimated by the inflation of money supplies the governments are engaged in?
Old 10-09-2008, 08:59 PM
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