2007-02-11 05:59:26 · 5 answers · asked by beano05491 1 in Business & Finance ➔ Investing
It depends on the risk. Higher risk investments should offer the potential for a higher return. What would the average return be for an investment with the same level of risk you are looking at? If the average return is higher than that 6.66% you mention, then, no, it would be a bad investment.
Please also remember to consider the risk free interest rate as well as the rate of inflation when you analyze an investment. If the rate of inflation is 6.66% quarterly, then your real rate of return is 0%.
2007-02-11 06:08:12 · answer #1 · answered by 2007_Shelby_GT500 7 · 1⤊ 0⤋
i guess it depends on what you want but i believe 6.66 is a very good quarterly return. CD's are paying 5 +- annual yield. fixed annuities are paying 4.5 at most , FIA are paying around 7 but longer contracts.
2007-02-11 14:06:38 · answer #2 · answered by xbox360geek 1 · 0⤊ 0⤋
That's great compaired to a 1% you might get from your standard saving account. All depends on how you look at it.
6.66% of $1,000.00 is $66.60 dollars
$10,000 would be $666.00
$100,000 would be $6666.00
It's what you put into it.
2007-02-11 14:10:10 · answer #3 · answered by Amadeus 3 · 0⤊ 0⤋
Considering that would annualize to OVER 25%, yes it is!
Of course you have to factor in the risk.....
2007-02-11 20:51:45 · answer #4 · answered by ckm1956 7 · 0⤊ 0⤋
No.
Top 4 Answerer.
2007-02-12 13:51:41 · answer #5 · answered by Anonymous · 0⤊ 3⤋