Is there a secure fund that will allow my money to grow @ 15% per annum for an extented period of time?

Question

most banks offer about 5% in the UK and don't really offer anything nearly as competitive as the stock market.

Answer 1

The simple answer is no....there is a basic formula, high risk, high return, low risk low return....15% is a high return, so expect some high risk if you wish to invest in something with such a return.

Answer 2

There is a way to make 28% profit with each investment.

If you invest in a stakeholder pension you will get at least 22% tax relief so that for every £78 you instantly get £100 invested. that represents an instant 28% profit.

What you invest in is then upto you. The level of risk you take will drive the rate of return/potential loss.

Trouble is, it is a pension and you may not like the rules when taking benefits but it is agood option for a long term savings plan.

Answer 3

No.

The risk-less ("secure") rate of interest is, by definition, the rate paid by the most secure governments in the world. US, EU, UK, & Japan.

Banks and other financial institution in good standing in their financial communities pay (only) slightly more for ultra short term investments. Five percent sounds about right for the UK, US, and EU (Japan would be much less).

Everything else involves risk -- more risk (of loss, volatility, lower than expected return), more return, less security.

You can, however, make a sound financial argument that volatility isn't "true" risk and inflation (purchasing power lost over time) is "real" risk.

Answer 4

You can get 15% or secure but not both.

Answer 5

Forget the Forex advice unless you are the kind of person who likes crap tables.

Answer 6

Yes.

Answer 7

Sure I do. . . . just give your money to me and I'll take care of it. . . .