I’ve suffered this for a while, unfortunenately still suffer.
[question removed by moderator]
So why does not “guranteed 5% of return” cause any violation? In accordance with 1-3 Misrepresentaion, nobody must guarantee expect return, but suggest target return. Am I wrong about it?
The guarantee is backed by an investment grade life insurance company - this is ok. He isn’t saying he will guarantee that performance, but rather an institution will cover such loses/minimum returns.