Back to Comments and Questions
Thursday, December 15, 2011 - 5:11 PM
Goldman Sachs Equity-Linked CD: Yet Another Goldman Investment You Shouldn't Buy
From The Motley Fool
According to reports, Goldman plans to offer equity-linked certificates of deposit.Equity-linked CDs may seem nice in that they guarantee a certain minimum return and they provide the chance at high return. However, as the article describes, the chance at the high return is not as good as you might think.
[...]
Reports suggest that Goldman's four-year CD will give a minimum annual return of about 0.5%, while potentially maxing out at 24%.
3
