some subprime loans have pretty high interest rates these days.
2007-07-19 02:16:02
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answer #1
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answered by redwine 6
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If you want the highest return on your money you have to know how much risk you are willing to take.
None: An ING savings account will pay 4.5% and it is federally insured. This is 9 times the national average.
Some: Invest in the market. The Dow Jones is up 11.67% TYD, the Nasdaq is up 11.77% and the S&P 500 is up 9.02%
Bring it on: Invest in an Industry. There are tons of these to choose from but be warry. I made some money in pharmacuticals, but almost lost my shirt in others.
Use the savings account unless you REALLY have time to do research on stocks.
2007-07-19 02:17:27
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answer #2
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answered by Ryan J 2
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The highest interest is almost always earned on the riskiest investments. These could include junk bonds, businesses or banks in countries with high inflation or loose regulation. Is it worth earning a few extra dollars in interest to put the principle at significant risk?
2007-07-19 02:12:48
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answer #3
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answered by Robert E 1
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you will get ridiculous expenses on penny shares. you may make 1000% an afternoon, of direction you additionally can lose that in simple terms as quickly. in case you choose certain look into bonds, theres little danger, and you gets a slow value between 4 and 5%. Its all danger advantages. The extra danger you could tolerate the extra advantages. For me I play shares and can assume everywhere from 10-20% in line with 12 months.
2016-12-10 16:37:14
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answer #4
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answered by ? 4
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That depends on what you are asking. The highest interest I know on savings in the the US is currently ING. But, that was a month ago, I am on vacation.
Russ
2007-07-19 02:12:04
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answer #5
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answered by Russ B 6
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Try Cds, some banks offer great interest on cds over 10,000. Check your local banks.
2007-07-19 02:15:33
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answer #6
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answered by speclt1970 2
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anything through internet banking.
2007-07-19 02:10:14
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answer #7
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answered by avengress 4
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