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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: advocatedevil who wrote (51405)9/4/2001 2:34:36 PM
From: mitch-c  Respond to of 70976
 
OT - Double Digit Guaranteed Return

There's a hokey radio ad going around here ... a firm called Lapin (sp?) and Whittington (sp?). They claim to offer a fixed 12% return with, quote, "a risk level comparable to bonds." They have a stuffy Brit doing the voiceovers, making it sound oh-so-sophisticated.

I'm skeptical, and to his credit, so is the local guy on the same station's weekend financial call-in show. Any bonds with a 12% return are deeply junk at the moment.

- Mitch