Step Down Kick Out investments
Posted: December 26th, 2022, 11:54 pm
Hi,
Has anyone have any views or experience with these types of investments?
https://www.moneyworld.com/structured-i ... -out-plan/
I'd never heard of them but a recently retired friend has been persuaded to invest in one by their FA. I can't quite work out if they are an easy way of earning 10% yield , or an easy way of tying up capital for 7 years with a potential loss of capital and zero income.
Had a search on the forums but no one seems to have mentioned them
Mick
Has anyone have any views or experience with these types of investments?
https://www.moneyworld.com/structured-i ... -out-plan/
I'd never heard of them but a recently retired friend has been persuaded to invest in one by their FA. I can't quite work out if they are an easy way of earning 10% yield , or an easy way of tying up capital for 7 years with a potential loss of capital and zero income.
Had a search on the forums but no one seems to have mentioned them
Mick