Sometimes I really have to watch what I say, even in these small intros I do for these articles. I can easily get carried away and say things unbecoming of “fellow” portfolio manager. Anyway, this article is about three pages long, and worth every page. “Are index-linked CDs a sucker bet?” by Margaret Collins and Zeke Faux gives you some great reasons to question index-linked CDs. Just a few reasons that jumped out at me while reading it: put the “possible” return you are buying into numbers you can understand, and then look at the alternatives, and question any financial product that has 42+ page prospectuses and comes from an insurance company or bank’s investment shop.
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