would someone know what the yearly interest rate be,if i invested $3000 for 3 years in a money market fund?

Answer 1

not all banks pay the same rate, but you shold be able to find rates around 4%

Answer 2

the present outlook for equities would not seem as rosy because it became a three hundred and sixty 5 days in the past. The markets in Canada and u . s . were highly risky interior the perfect few months. Many investors describe themselves as `lengthy-time period investors,' which signifies that they received't be swayed by technique of marketplace volatility interior the fast-time period. besides the indisputable fact that, truthfully, at the same time as the marketplace begins taking position, investors redeem their investments, usually at a loss. regrettably this isn't a superior theory. Why? because maximum marketplace valuable homes aren't from now on even. They take position without caution, and in very few days. listed below are some study that could teach how the inventory marketplace executed over the 12 months. A study by technique of Ibbotson shows that between the years 1926 and 1995, a $10,000 funding could have soared to $10,114,000. yet out of those 70 years had you neglected the perfect 35 months, your funding could be properly worth $100 and one,six hundred. A study by technique of the college of Michigan shows that between 1963 and 1993, $10,000 could have grown into $240,three hundred. yet in case you had neglected the perfect ninety days in this era, your funding could were properly worth purely $21,000. interior the Nineteen Eighties, the classic & detrimental 500 Index rose 16.2% in 2,526 trading days. almost 80% of those valuable homes got here about in only 40 days! moral: you won't be able to anticipate what the marketplace will do. stay invested in any respect cases. What about the chance of making an investment on the incorrect time -- at the same time as inventory expenses are intense? An analysis by technique of Templeton shows that no matter if you make investments on the worst achieveable day of the 12 months, 3 hundred and sixty 5 days after 3 hundred and sixty 5 days, a lengthy time period investor will come out ahead. So do not time the marketplace. Be invested in any respect cases.

Answer 3

bankrate.com allows you to compare rates accross different investment vehicles. The interest rate changes so to predict 3 years is not feasible. If you are talking a CD you can lock in a rate for that time period. It seems the online banks give the best Money market account interest rate right now, but that could change. You need to adjust a little time into the best thing for you

Answer 4

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Answer 5

No 1 can possibly know this as true MM rets change daily. Should not be in a MM fund should be in ADx or JZL, a Boeing pfd yielding 6.25%