Hi. Guaranteed principal is not the same as guaranteed return. What happens when at the end of the year your buddies go "oops, didnt work, here's your principal though!" and I just lost ~3% due to inflation. Bye.
I park money at around 5.5% 0 risk CDs What 8% are you talking about, I'm sure its some retirement funds bs CDs I keep seeing.
congrats once again to all those who play the no risk long over the weekend long futures for free money with no risk $$
high net wealth wants the principal guaranteed not the return, but they continue to get 8% year over year waiting for your hypothetical outcome.
1268.00 trading right now??? 1 point is a win for you after holding all weekend --- bad risk to reward???
no. point is that market never gaps down... you get + or you get b/e dont ever lose... well, at least since 2002
Sorry, again your comment is pure bullshit. I managed money for high net worth people for 12 years. They expected both safety of their principal, and appreciation. They had obtained money by being concerned with every aspect of investment practice including expenses. The quality of your comments is declining precipitously. You are commenting in a subject area where obviously you have no clue. Your problem is that some of us have 1.) Experience and a profesional background to go with it. and 2.) The ability to think critically. Personally, I think you ought to go back to giving newbies trading advice. Steve
i think you need to start doing some reading like the McDonald Financial Group "Wealthy Sentiment" quarterly reports amongst others. of course the wealthy want returns {duh} so if they can get 8% with the principal guaranteed --- their in!!!
Investors sharp enough to have accumulated money are "out" when you say "principal guaranteed". Again, persons of high worth know that "principal guaranteed" means the people on the other end have no motivation to perform. Its a typical scam put on by folks who want to raise money for their own speculation without having to pay interest on it. The fact that you propose it to people in a thread like this means either you are too fucking stupid to understand it, or you are part of a scam yourself. You want to pull this bullshit on newbies go for it. Here while I am in the game, I will make sure that people see what a fuck-up your are. Keep right on with this worthless crap. I am starting to enjoy myself. Steve