mookie123 asked:


that can garantee no loss in your starting investment and will most likely give you a higher interest rate than a regular cd account. From the answers I got they all said there was no such thing. But I came across this article when going threw some investing sites.

“Stock Market CDs pay interest based upon the gain in a related stock market index. These unique CDs permit investors to capture the upside possibilities of the market index but avoid the down-side risk. In other words, you can “play the market” but not worry about losing your starting investment because the deposit is FDIC insured and you are guaranteed to get back your original investment. Early withdrawals may be permitted and these CDs can be sold or can be redeemed fully upon the death of an owner or co-owner. CDs sold prior to maturity or withdrawn early are subject to market conditions and could result in a loss.”

So what do you guys think about that?

Jamel