I want to invest some money for the next 30 years.How can I get a better annual interest rate than 8.00%?

Answer 1

There are quite a few mutual funds that have long term average returns of 10% and better. There are also quite a few blue chip stocks that also have a long term average return of better than 10%. Whether or not those returns will continue in the future remains to be seen. But 30 years is a very long time.

Here are just a few examples: MMM about 13.5% annually during the last 30 years.

PENNX has returned 14.69% annually over the last 25 years.

GAM a closed end fund has returned 16.1% annually during the last 27 years.

I would not be the least bit surprised if Chinese and Indian funds perform a lot better than U S stocks and funds during the next 30 years. Here are a coulple IIF a Indian fund. TDF and CHN two Chinese funds. So far this year IIF has returned 33%, but during the life of the fund only 13%. TDF has returned 22% so far this year but over the live of the fund only 10.7%. CHN has returned 9.3% life to date but 31% so far this year. The developing markets funds are somewhat more volitile than the developed markets funds. But their economies are becoming much more developed.

Answer 2

Yes, 6.5% is a great rate but there is more to it than that. Make sure you understand all the terms of the loan. Interest rate is only one cost of the loan. Lenders do a good job disguising those costs. If you're not aware of them, you may think you're getting a good deal when you really aren't. How many points are being charged? If you're getting charged 4 points, all of a sudden 6.5% isn't so great. What about all of the other costs (i.e. processing fee, application fee, underwriting fee, etc.)? The best way to compare is using the APR. The annual percentage rate (APR) is the effective rate of interest that is charged for the loan. The Truth in Lending Act requires lenders disclose the APR on all loans. Its purpose is to allow consumers to shop for credit by comparing the fine print. In the absence of such requirements, it would conceivably be possible for a lender to misrepresent a loan with a 20 percent effective interest rate as a 10 percent loan. However, the APR can be calculated in different ways and can sometimes cause rather than eliminate confusion. Bottom line is, although the APR may not be perfect, it's a far better way to compare loans than just comparing the simple interest rate. Hope this helps. Good luck to you. Elliot Lau

Answer 3

stock market,
But hey theres too much risk involved to go at it for 30 years. Get a Mutual Fund or an IRA started, mine is paying out 12.5% right now and its average is 10.5% a year.
Shop around

Answer 4

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Answer 5

Economics 101- Stock market AVERAGES 10% returns per year
(Not sure what years that average is based on, but I have heard the statistic from many reliable sources)

Good luck!

Answer 6

30 years? I have made 300% in just 15 months. Continue rolling for 30 years, you are filling your bank accounts with huge numbers.

Answer 7

With mutual funds. Here's a page for finding a good good mutual fund to invest in:
http://www.best-stock-trading-systems.com/mutual_fund_ratings.html

Answer 8

You will get more from any decent Mutual Fund but I strongly suggest you to buy the right stocks.

Answer 9

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Answer 10

There's loads of interesting articles on investing at http://www.hammocksurvivalguide.com/
There are several categories you might find of interest.