Shakespeare
Registered User
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I've been considering an investment product that has 100% capital guaranteed, no guaranteed return but 70% goes to a consensus fund and 30% is invested in Irish Gov bonds.
When there's talk of bond holders "taking a bath" etc in the past is hasn't been Government bond holders but bond holders in Anglo etc
But I heard this morning that the Germans want to push through a proposal about future funding etc for countries in trouble that suggests that this could involve investors with Irish gov bonds taking big hits too - can anyone confirm/explain further, I still have time to switch my investment into something more secure if this is considered a likely move for the future (IGB holders losing out).
Any advice/info welcome
Thanks
S
When there's talk of bond holders "taking a bath" etc in the past is hasn't been Government bond holders but bond holders in Anglo etc
But I heard this morning that the Germans want to push through a proposal about future funding etc for countries in trouble that suggests that this could involve investors with Irish gov bonds taking big hits too - can anyone confirm/explain further, I still have time to switch my investment into something more secure if this is considered a likely move for the future (IGB holders losing out).
Any advice/info welcome
Thanks
S