National Bonds - Some problems?
Sep 13th 2010 | 1:26 am
#47
Just Joined
Joined: Sep 2010
Posts: 4
Re: National Bonds - Some problems?
Are the prizes and annual profits allocated from the fund's profits or simply taken from the principal of new investors?
I am familar with the latter technique
I am familar with the latter technique
Sep 13th 2010 | 3:32 am
#48
MODERATOR
Joined: Dec 2004
Posts: 6,411
From: Dubai
Re: National Bonds - Some problems?
They have been saying that for over 6 weeks now... just for once I'd like to see some transparency.... rather than a vague "coming soon, honest" maybe just once they'd say "we made no money last year so you're getting nothing" or "Ahmed's calculator's battery ran out, we've ordered a new one and as soon as we get it he'll work out your profit"...
More chance of finding teeth on a hen!
N.
Sep 13th 2010 | 3:40 am
#49
MODERATOR
Joined: Dec 2004
Posts: 6,411
From: Dubai
Re: National Bonds - Some problems?
)...there are better one year bonds out there which have lower minimums and higher interest rates with not much more risk - find a good advisor rather than speaking to a banker.N.
