For general discussion of the pro's and cons for this "investment"
Guarantees 100% of investment, invests in mutual funds, you can lock in gain at any time (up to 4 times a year), then after 5 year waiting period from the time of initial investment or lock in value (wjichever is later) you can get 100% of investment out. Supposedly no downside risk and get upside potential.
I can see a number of short comings, thought others might have some insights as well. Anybody else aware of this? Any comments?
Guarantees 100% of investment, invests in mutual funds, you can lock in gain at any time (up to 4 times a year), then after 5 year waiting period from the time of initial investment or lock in value (wjichever is later) you can get 100% of investment out. Supposedly no downside risk and get upside potential.
I can see a number of short comings, thought others might have some insights as well. Anybody else aware of this? Any comments?