CD EXTENDED READ MAY 19 2015
SPECIAL UPDATE NOTE:
GREAT NEWS
THE DEADLINE HAS BEEN EXTENDED!
A NEW EVERBANK NO RISK MARKET SAFE CD IS OUT!
These seldom come out and when they do they are a great way for me to get inflation protection but without any risk! Here are the details:
5 years CD
Based on emerging economies which look to rocket higher as the US economy stalls.
No downside risk and a minimum of 10 % return if the underlying indexes have any increase at all.
100 % UPSIDE participation! Unlike some of the other CD’s in the past where the upside is limited this one is not. Here are the fine details:
EverBank created the 5-year MarketSafe Future Economies CD for
those seeking safer exposure to 6 emerging market currencies:
• Brazilian real (BRL)
• Chinese renminbi (CNY)
• Indian rupee (INR)
• Indonesian rupiah (IDR)
• Mexican peso (MXN)
• Turkish lira (TRY)
CD payments, including deposited principal and a potential Market Upside Payment, will be denominated in U.S. dollars and paid upon CD maturity. The potential upside payment will be based on the
equally weighted value of the performance of these 6 currencies against the value of the U.S. dollar.1
If the CD performance exceeds 0%, but is less than or equal to 10%, the CD will deliver an upside payment of 10% at maturity.
If the performance is greater than 10%, the upside payment will equal the CD performance.
If there is a negative performance, your deposited principal will be 100% protected and returned in full upon CD maturity.
For me it is a great way to get upside potential without downside risk and nowhere else can I get this mix! Here is the link:
https://www.everbank.com/investing/marketsafe/future-economies?referid=13286
Don’t miss out. Once it is gone it is gone
MONEY MATTERS AIRS THIS THURSDAY WITH ESTATE ATTORNEY RICH KEENE DISCUSSING TRUSTS WILLS ETC
NOON PST ON KVMR FM TUNE IN