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Post by pelerin on Jul 27, 2015 8:29:57 GMT
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mikeb
Posts: 1,053 
Likes: 463
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Post by mikeb on Jul 27, 2015 17:25:40 GMT
It would be an impressive SafeGuard fund if it COULD have gone back in time to 2008, when it didn't even exist, and ensure investors lost no money. I'm guessing Mr Andrews told no such fib, and that the journalist wasn't listening  (Maybe he meant that the SGF would have made sure investors lost no money, using 2008's figures and pretending such a fund existed back then, it would have all been ok).
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bigfoot12
Member of DD Central
Posts: 1,817
Likes: 816
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Post by bigfoot12 on Jul 27, 2015 18:39:04 GMT
It would be an impressive SafeGuard fund if it COULD have gone back in time to 2008, when it didn't even exist, and ensure investors lost no money. I'm guessing Mr Andrews told no such fib, and that the journalist wasn't listening (Maybe he meant that the SGF would have made sure investors lost no money, using 2008's figures and pretending such a fund existed back then, it would have all been ok). I thought that. My guess is they meant that no well diversified, non taxpaying investor had a negative total return. (Interest was greater than total losses.)
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