[TxSteve]

Father in law has gotten himself in the above. The sales guy says the "investment" gains a minimum of 2% per year and it is GUARANTEED to not lose any money.

He is putting a significant amount of money into this thing and is putting a lot of pressure on me to speak to his "salesman" as well.

Anyone know anything about these things? Any online data I can use to show him that its scammish (i'm assuming).

I don't really get how any company could guarantee a return (they base their future projections on an 8% gain per year)

In a severe down turn in the marketplace are these companies going to go bankrupt? If the market is down 10% in a year; they going to take a bath for 12%?

The company I believe is Ameritas (something like that).

Any info anyone has is appreciated. I tend to believe anything too good to be true...is.

Thanks.