I’m trying to establish if investing in fixed term wealth products that deal in a guaranteed return after x(say 12) years for y (10) years given you have been investing y (10) years of say 10k a year for the first 10 years? So the policy is 24 years in total. But you’re guaranteed 160%/140/120 (depending on the time frame you had it held) return per year.
A bit confusing but I can clarify if required.
My understanding is they invest your money for the first 10 years (where you’ve put in 10k x 10 = 100k) and they gaurantee a pay out of say 14k per year for another 10 years from the 12th year.
Cheers
Submitted September 28, 2018 at 05:14AM by TheCardinal1987 https://ift.tt/2xXayag
