New financial products available

Everyone knows  that interest  rates have been  extremely low for over 3-4 years.  It's part of  the the Federal Reserve Banks plan to "help the  economy". Even with the  slight  increase in interest rate in the past week or so it is still almost impossible to  earn a decent yet safe rate of  return on  our
money.

Did  you  know  that it is possible to obtain a 6% guaranteed interest rate on a 96 month financial product. There are minimum purchase amounts of $40,000 - 60,000 with a maximumum of approximately $250,000. These are not liquid but you do  receive monthly payments including but some return of principal and  interest. Payments are level  throughout the 8 year term. The interest rate is guaranteed at time of issue and payment of the contract. There is also a high  degree of  safety with this type of contract. This is what I would consider a Safe Money product with no stock market risk. They are compatible  with a ROTH or Traditional IRA or can be used with non qualified money as well.

I think it is good  to  know that a reasonable Bank alternative is available today.  Why would anyone  want  to put that amount of money in a bank anyway?