SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Bill/WA who wrote (99407)7/5/2003 6:35:00 PM
From: Snowshoe  Respond to of 132070
 
I have a 403b with a very limited set of choices. One is a fixed income fund that invests in SICs (structured investment contracts). It has paid a rock solid rate of around 5% for the last several years.

These instruments were formerly called GICs (guaranteed investment contracts). Some years ago they turned out to be not quite as advertised, and my government employer had to step in and make up for some losses. Does anyone here have any thoughts on the relative safety of SICs?



To: Bill/WA who wrote (99407)7/6/2003 2:57:40 PM
From: benwood  Read Replies (2) | Respond to of 132070
 
Bill, the weather has been terrific in Seattle! We're going to San Diego next week so hope the weather there is great, too.

I was just down in Steilacoom but didn't know my way well enough to crane for a look. Saw all the traffic warning signs, though!

--Ben


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News