Egg FTSE bond matures: Damn!!!

alanwsg

In March 2003 I put 10K in an Egg FTSE 6-year Bond.
It's final value was based on the FTSE100 on last Friday minus the FTSE100 in march 2003 times my 10K.
Return on my investment ..... zero.

Well that was a bloody great bit of investing, wasn't it.
Warren Buffet I am not!

lectureral

Don't beat yourself up alanswg - there are many people who would look at coming out of the stock market with 0% as a much better result than they achieved (I am one!)

kingmonkey

Yeah, thats not too bad really.

Happychappy

Could be worse, you could have been advised by some scumball IFA to take out an endowment mortgage instead of a repayment, which he guaranteed will double in value when it matures in 25 years time.

13th March 2009 it matures.......nope won't even pay the mortgage, so at least you havent lost out, but doesnt make you feel any better.

Robert_Sterling_3

I got about £2000 free Northern Rock Shares.
After about 8 years they were worth £6,000.
Now thay are worth zero pounds.
My wife had the same.

opinions4u

Robert_Sterling wrote: »

I got about £2000 free Northern Rock Shares.
After about 8 years they were worth £6,000.
Now thay are worth zero pounds.
My wife had the same.

Ah, but you had some decent dividends paid!

Want to take some Lloyds Banking Group shares off my hands ... only £3 to you!

gozomark

opinions4u wrote: »

Want to take some Lloyds Banking Group shares off my hands ... only £3 to you!

depends, how many do I get for £3 ?

brewerdave

All of them!!

andysdad_2

brewerdave wrote: »

All of them!!

If your real name is Gordon or Alistair it is probably a fair deal

Old_Slaphead

Zero return on any stockmarket related product over the last 5 years is massive outperformance

gozomark

Old_Slaphead wrote: »

Zero return on any stockmarket related product over the last 5 years is massive outperformance

depends whether you benchmark it against cash or equities - the OP appears to do the former, as do many investors in these products