whatmeworry
Established Member
- Joined
- Jan 22, 2007
- Posts
- 4,623
For the finance gurus.
A 12 year investment of mine matured at the end of Nov. Original purchase price was $1. It had a guaranteed return of $1.30 rain, hail or shine. Actual return was $1.5757
With no dividends, looking back at this was this a wise investment? The guarantee was what originally attracted me.
For a guaranteed result it is good depending where you are. However for only a guaranteed 30 percent after 12 years seems a bit low.
Last edited: