Any views on this savings offer?

Bazcop

We have a fairly hefty lump of capital coming out mid june. Birmingham Midshires are offering "50-50", which is half of your capital earns 7.5% for 12 months, the other half earns 90% of the FTSE index performance over 5 years. Money in FTSE must stay in - no access, but Guaranteed capital back. Is the 50% in the FTSE worth doing for the 12 months at 7.5%? Any views or advice?
Bazcop

grumbler

If you ask: 'Any views on the FTSE performance during next 5 years?', I would not take a risk of giving advice. Anybody? This is like a gamble.

If you have not read 'Beat stockmarket returns at no risk' article and discussion I think this could be of interest to you.

dunstonh

interest in not to do them...

Bazcop

grumbler wrote:

If you ask: 'Any views on the FTSE performance during next 5 years?', I would not take a risk of giving advice. Anybody? This is like a gamble.

If you have not read 'Beat stockmarket returns at no risk' article and discussion I think this could be of interest to you.

Many thanks Grumbler for taking time out to reply. I have read the advised article - interesting. I think I will start a search for a good steady investment and leave the 50-50 alone. Thank you also to Dunstonh - I agree!
Bazcop