3.5 fixed

miss_keep_counting

Guaranteed Capital Plus (Issue 6) guarantees to give you a full return of capital after 3.5 or 5.5 years. In addition you will get a return based on the performance of the FTSE 100 Index. At maturity you will receive your original investment back plus 12% or 26% respectively for the 3.5 and 5.5 year option, if the FTSE 100 Index grows by any amount, even one point at maturity. If the FTSE stays the same or goes down you will always receive a minimum return of 1% over 3.5 years and 2% over 5.5 years. Please note if you close the plan early you may get back less than you paid in.

Would you invest in it?

greenface

miss_keep_counting wrote: »

Guaranteed Capital Plus (Issue 6) guarantees to give you a full return of capital after 3.5 or 5.5 years. In addition you will get a return based on the performance of the FTSE 100 Index. At maturity you will receive your original investment back plus 12% or 26% respectively for the 3.5 and 5.5 year option, if the FTSE 100 Index grows by any amount, even one point at maturity. If the FTSE stays the same or goes down you will always receive a minimum return of 1% over 3.5 years and 2% over 5.5 years. Please note if you close the plan early you may get back less than you paid in.

Would you invest in it?

have you

would you ??

miss_keep_counting

I am tempted, it means I can have a linked 1 year saving account fixed at 5% but I need to put the same amount in both accounts.... in comparison my current account is 3.6% (having dropped from 6%) and could still possibly keep dropping.

I've never gambled before and it feels like a gamble. Maybe the fact it's stressing me out is sign enough that I shouldn't do it, I could probably take the time spent worrying and use it to make the money I'd have made on the interest!!