Where can I go to invest money and get 5% or higher monthly return, somewhat low risk, without using e-gold.?
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Answer:
Look at the stock market what does it say?
That's right it's been breaking records for 7 days straight. Dow is over 13,200 and steadily ascending. A lot of people are making a lot of money this week.
Even Microsoft and GE will give you 1-3% dividends just being a shareholder.
Grab a calculator and see how much you're missing.
I don't know about you but I'm riding the bull market while it's hot.
Most banks offer a 5.00% or higher interest rate on CDs. My bank just had a special for a 5.75% APY CD. Also, you can get between 8-10% conservatively in a mutual fund. Check online banks such as HSBC, ING, or E-Trade for savings accounts or CDs. They constantly have at least 5.00 up to 5.75 on their accounts!
You can't get a 5% monthly return (60% annualized) anywhere--at least not for any lengthy period of time. An investment like a particular stock might go up 5% one month, but it will almost certainly not do so every month--in fact it will also drop 5% or more a month at times.
Picking investments that perform like that and knowing when to buy and sell them is something no one can consistently do--if you could, we'd all be rich.
Many online banks offer 5 percent ANNUAL return (look at bankrate.com), but any investment that promises 5 percent MONTHLY return is a scam or comes with EXTREMELY high risk.
go to prosperitynetwork.com
sign on as a private lender
you specify how much you will lend and to what credit type borrowers..
prosperity collects the payments- you can charge ANY interest rate you want!!
i currenly have a 1,200 loan i am chargin 16% on and another for 5000 @ 13%!!
no bank can beat that!
Go with your local banks. They offer cd's for six month or so at 5% or more.. And there is no risk.
Just remember to keep track, bank sends you a letter to come in between 7 or 10 days after it matures, to see if you want to throw into your savings account or redo a new cd and just withdraw the interest into your savings...And so you gain another 5% or more for a new term of 6 months or more...
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