Friends Reserve Bond Review

  1. Failure to get bonuses. Many of the bonuses aren’t available unless you contribute every time. In other words, if you have a 10-year plan, and you contribute for 120 months, you will get a reasonably sized bonus at the end. If you contribute for 119 months or less, you will forfeit some of those bonuses.
  2. The original charging structure is based on the premium you picked on day 1. So if you start with a $2,000 premium and reduce to $500, your charging structure will still be based on $2,000, meaning that the plan would become much more expensive on $500
  1. You can earn more than in the bank if you contribute every single month until the end
  2. It is an established brand, so you won’t lose your money. It is safe from that point of view.
  3. Just like all offshore investing, there are significant tax advantages, but these advantages can be gained in cheaper structures.

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