Probably no one will believe that there is such a deal that has ZERO risk but unlimited upside potential! But here is: Everbank creates a new CD again for emerging market currencies: Colombian peso, Indian rupee, Mexican peso, and Turkish lira. With a minimal $1500 deposit for 5 years, you will enjoy at least 15% or more (uncapped) profit if the currencies' performance is positive at expiration or you get all your money back (the worst scenario). Your principle is FDIC insured up to $250,000. You cannot get a safer deal than this.
Emerging markets have just gone through rather depressing period of time and their currencies are also performing very poorly in the past year. But this actually becomes a sweat spot for anyone interested in this CD because the upside for such currencies is more than the downside risk. In other words, the chance of earning 15% or more is much higher than simply getting back the principle. I personally had a very good and profitable experience with an Everbank CD with a similar term but for gold. If it sounds interesting, you should check it out. It will be closed by Oct 9.
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