If I put $248,000 in a Brokerage account how much interest would I earn(please read details)?

Question

If I put $248,000 in a Brokerage account how much interest would I earn?, and is it very risky investing that much money in the stock market?

Answer 1

Putting money into a brokerage account and investing money in the stock market are two different things, although you do need a brokerage account to buy and sell stocks.

Some brokerage accounts offer money market accounts for cash, and some offer minimal interest payments for cash.

But if you put money in stocks you won't earn any interest. With stocks you can earn money from dividends or when the price goes up and you sell. But there's no interest. As to risk, that depends entirely on what stocks you hold.

In any case, if you are going to be investing money in the stock market you need to be very educated and do lots of research. Try reading some good investment books first.

Answer 2

You are confused ,
The accounts that pay % and the stock market are different .
Your broker may have funds or CDs that pay % but that is NOT in the stock market .
% comes from bonds or CDs , is about 5% and has little risk .

The stock market , on the other hand , does NOT pay % , but you get gains from buying stocks at one price , then hopefully , selling them later for a higher amount .
There are NO gaurantee nor insurance in the market .
You play and can loose it all .

The stock market is NOT for people who have been studying it less than a year .
Although , like poker , the green people showing up and loosing all their $$$$$ is convenient .
Also , turning your $$$ over to a broker to trade is dangerous , because they make their $$$ churning sales in your account ,
And some people have had huge chunks of their $$$$ gone .

Put your $$$ in CDs until you have done your homework and know what to do .

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Answer 3

You can put your money with a broker and probably make more on their cd's than at a bank.However if you intend to trade FIRST!!!! go to the bigest library near you and read EVERY!! book they have on investing.It should not take more than 8 months or so.That way you will learn the concepts and language.Just read the books and certain ideas will repeat(these you will remember) and some will contridict(these you take with a grain of salt).Soon you will develope your own stratagy (which you will change over the years).Or you can plunk your money down and I will take it from you like I've done to many over the last 40 (thats right since 1966) years/

Answer 4

1) At least $50,000.00 USD yearly in a decent mutual fund.
2) There is little risk if you hire a Portfolio Manager with over a decade of experience in the Stock Market like myself.

Answer 5

If you do nothing with it, it will get a money market rate.2-3% annually..........if you buy treasury bills.maybe 4% annually.....of you buy cd's maybe 4 1/2 % annually..............If you buy stocks, more return, more risk.....You should read a few books on investing before you jump in.........

Answer 6

YES IT IS. invest it in a Lamborghini mucielago roadster. i want that car

Answer 7

What are the details?