under company fixed deposit schemes
2006-08-10 03:09:45 · 4 answers · asked by sk 1 in Business & Finance ➔ Investing
You need to shop around for the best rates. Check how the interest fluctuates with the various companies. Also, see if there is a minimum deposit. Then switch over (just pull out your money from one and deposit your money in the other).
2006-08-10 11:13:00 · answer #1 · answered by kako 6 · 0⤊ 0⤋
See if your company will endorse using Collateralized Mortgage Obligation bonds which are rated AAA and insured. These bonds can be purchased at any brokerage firm. Try to buy each bond at par ($1000) or less (under $1000... do not pay a premium (over $1000). The reason you do not want to pay a premium is that many of these bonds have "call" dates... meaning the issuer might call them back earlier than expected... this would effect your yield AND your bonds are ALWAYS called back at par ($1000).
2006-08-10 23:01:41 · answer #2 · answered by Mike S 7 · 0⤊ 0⤋
I know a company currently offering 10% per year.
If you want more detailed free information you can drop me a line.
2006-08-10 19:58:49 · answer #3 · answered by Anonymous · 0⤊ 1⤋
put more money in.
2006-08-10 10:14:46 · answer #4 · answered by miketorse 5 · 0⤊ 0⤋