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I was having a recent discussion with the JN rep recently and he was saying how much 'better' a two year point 2 point was vs. a yearly point 2 point with regards the index strategy. Basically you are broadening the time frame according to him or looking at the index through a larger picture yada yada yada...
He used the last ten years and compared a yearly with a bi-annual and the numbers do come out better (I took his word for it) but I don't see how this holds true. Another words, what about the previous ten years before the last ten years, so on and so forth. He hadn't run those numbers yet, hummm.
Any opinions on this strategy without getting into what the caps are and minimum interest ect. ect. I don't see how it makes a difference in the grand scheme of things. The products are designed to fetch, say 3% to 6% interest earnings. Do any of you think a bi-annual beats a yearly or are you like me and suspect some fuzzy math based on only the last ten years in his example. As a side note, I did like the product but didn't think it was anything special compared to some of the other good ones out there.
He used the last ten years and compared a yearly with a bi-annual and the numbers do come out better (I took his word for it) but I don't see how this holds true. Another words, what about the previous ten years before the last ten years, so on and so forth. He hadn't run those numbers yet, hummm.
Any opinions on this strategy without getting into what the caps are and minimum interest ect. ect. I don't see how it makes a difference in the grand scheme of things. The products are designed to fetch, say 3% to 6% interest earnings. Do any of you think a bi-annual beats a yearly or are you like me and suspect some fuzzy math based on only the last ten years in his example. As a side note, I did like the product but didn't think it was anything special compared to some of the other good ones out there.