so i have never come across a policy such as this. im basically a very novice investor.
so i know what a stock is, and i know what a bond is
my bank is offering me "shares" in a company. 3.5% return per annum, after 5 years we get the money back in full for exactly the same price that was paid.
i told them that that sounds exactly like a bond
they said it wasnt, since i could sell these shares earlier for whatever they were worth for a profit or a loss but if i complete the term i get back exactly what i paid regardless of the share price
its a legit bank. ive been dealing with them for over 20 years. but i have never come across anything like this. even on google
it pretry much behaves like a bond...with a sell option at any point between.
Submitted October 17, 2021 at 06:51AM by f_ranz1224 https://ift.tt/3pamzVP
