The minimum investment is $100... and the maximum investment is $25,000.
Here is what it looks like with just a $1,000 investment... re-deposited & (kept in) with 160.2% earned interest ...
And what advice would you give for picking the best stocks? Additional Details You know, like someplace I can buy and sell over the internet for like a buck or two a stock....
...A trader might buy the option instead of shares, because for the same amount of money, he can obtain a larger number of options than shares.If the stock rises, he will thus realize a larger gain ...
Forget cd's...open an ING savings account. They will give you 4.4%. That's for a regular savings account with the ability to pull your money out any time you want and no minimum balance.
non_apologetic_american
It depends on the interest rate, but most CDs of that amount are getting around 5% APR, so that $50 a year on $1000, or $25 over 6 months. Big friggin whoop, right?
Latigo
Various institutions (banks, credit unions, online banks) offer different rates of interest on Certificates of Deposit. So the interest income will depend on the interest rate earned on the CD. Note that the interest is expressed as an annual rate. So, for example, 5% interest on $1,000 would be $50.00 on an annual basis, but only $25.00 on a 6 months CD.
Bill P
Can't answer that until you tell us the interest rate being offered by the bank? If it's 5%, then you'll have $25 interest after 6 months.
Sturzstrom H
Bankrate.com has calculators that will compute this data for you. I use them all the time.
fearslady
Depends on the interest rate. Could be around 3-4% per month...if you're lucky.
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