I want to invest $100K to $200K and like to get steady interest income of 20% every year. Is there any Financial company that can provide a steady interest income.
2007-12-29 16:45:05 · 6 answers · asked by spider12 1 in Business & Finance ➔ Investing
you can go to www.prosper.com it is a site that puts lenders and borrowers together. You can get 15 -18% or more.
you choose the people you want to lend money and can do it with as little as $50/person. this allows you to diversify over many borrowers and across different credit ratings. Each loan is three years and each monthly payment you receive includes interest and principal which you can reinvest, thereby compounding the interest into something beyond 20%.
I have been doing it for about 6 months with $1000. That's all i'm willing to risk on this for now. I've got an average return of 16.21% but with economic conditions worsening, i expect to see some problems.
If it continues to work out well for me, I will invest more. but for now, i'm just testing the waters with $1000.
good luck
2007-12-29 17:05:32 · answer #1 · answered by yeeooow 4 · 1⤊ 2⤋
Truly "steady" interests rates (on treasury bonds) are now between 4-5%. The long-term average return on US stocks is 10%, but this obviously involves a great deal of short-term volitility. Any investment that actually offered 20% would, by its very nature, involve serious risks.
2007-12-29 17:12:03 · answer #2 · answered by Hermoderus 4 · 1⤊ 0⤋
Wow that seems like a high rate of interest for anything steady but i am not completely sure. But i am very interested in some of the feed back you get from here about this.
2007-12-29 16:54:24 · answer #3 · answered by Kiss My Grits 3 · 0⤊ 0⤋
I make a 100k in line with 365 days, and wager what i'm hoping i will help somebody else make even greater desirable than me. i could decide directly to help somebody make as plenty or greater desirable than me. i've got been fortunate and could bypass alongside my expertise to all and sundry prepared to pay attention. yet as for you, i think of you're purely a poser. human beings such as you ultimately crash and burn, then understand all you had in life replaced into funds, and regrettably for you there are lots of greater substantial issues in life.
2016-12-11 16:33:10 · answer #4 · answered by ? 4 · 0⤊ 0⤋
Nope, nothing even approaching a safe investment pays that much interest
2007-12-29 16:50:20 · answer #5 · answered by Judy 7 · 2⤊ 0⤋
Give me your money and I will give you back 20% of it. There that was easy.
2007-12-29 16:52:45 · answer #6 · answered by maximus 2 · 1⤊ 1⤋