UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev Thread | Next Thread
Author: tnospmis Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75335  
Subject: Retirement Investing Date: 3/3/2000 6:46 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
Does anyone have information about funds that guarantee to protect principal? Maybe Aetna and Putnam? If so, I'd like a little more information.

Thanks!
Print the post Back To Top
Author: reidmp Three stars, 500 posts Old School Fool CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 19779 of 75335
Subject: Re: Retirement Investing Date: 3/3/2000 8:02 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 1
!Does anyone have information about funds that
!guarantee to protect principal? Maybe Aetna and
!Putnam? If so, I'd like a little more information.

Even a money-market fund won't *guarantee* to protect the principle. There are funds where loss of principle is less likely, like the money-market funds and maybe funds that only put money in very high-grade bonds. The returns stink (only slightly better than inflation) so people generally only use them as a short-term holding area before needing to move money or spend cash on something (a house, or college tuition, etc.). You'll find lots of funds that in their prospectus will use phrases like "preservation of principle", but don't construe that as a guarantee.

If you are looking for good investment returns without risking the principle you won't find it. The whole idea of investment returns are that you are being rewarded for taking on some risk.





Print the post Back To Top
UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev Thread | Next Thread
Advertisement