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To: glorgau
“MyRA guarantees a decent return with no risk of losing what you put in,”
It would be illegal for any fund prospectus to say this. It is impossible to guarantee a return and promise no risk.

Sounds like another Ponzi scheme. By the way, he did not define what a “decent return” is. I would not call today's rates on bonds a “decent return”.

45 posted on 01/29/2014 5:08:25 AM PST by MRadtke (Light a candle or curse the darkness?)
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To: MRadtke
It would be illegal for any fund prospectus to say this. It is impossible to guarantee a return and promise no risk.

No other fund has the wherewithal to print money.

64 posted on 01/29/2014 5:49:35 AM PST by randita
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