Thread Tools Search this Thread Display Modes
Prev Previous Post   Next Post Next
BRIC c.d.
Old 08-20-2009, 09:25 AM   #1
Recycles dryer sheets
 
Join Date: Jul 2008
Location: Joaquin, Texas
Posts: 79
Ever Bank offers a FDIC principal insured 3 year C.D. that pays based on the difference in exchange rates between the difference in currencies of the U.S. and (Brazil, Russia,India, and China)..It pays no interest and the upside potential is solely the difference between the exchange rates of those currencies and the dollar at maturity. However, one is guaranteed the return of his principal should the dollar strengthen against those currencies..Seems like it might be better than buying silver or other commodities since the price of those could be lower in three years..What's the wisdom of the board?

http://www.everbank.com/001Certifica...?referID=11641
__________________
Life is good. Then you die.
lawman is offline   Reply With Quote
 


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Forum Jump


Other Social Knowledge forum communities:
Cooking Forum - Sailing Forum - Early Retirement - Airstream Trailer - Aquarium Forum - Royal Forum - Book Forum - Volkswagen Touareg Forum - Jeep Wrangler Forum - Whitewater Kayaking & Rafting Forum - Fiberglass RV Forum - RV Forum - Truck Conversion - U2 Music Forum
Investing Channel
All times are GMT -6. The time now is 10:45 PM.
Powered by vBadvanced CMPS v3.0.1
Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2009, Jelsoft Enterprises Ltd.
Search Engine Friendly URLs by vBSEO 3.3.0