Im new to stocks i haven't ever traded online. However i have used many virtual trading programs and i have a good concept on how trading works. I believe i am ready to start the real thing. Im ...
Additional Details That's not an answer. Seriously. The money from the bailout bill was supposed to come from the federal reserves and then paid back by the tax payers.
You can just state your opinion but if you have articles or some sort of professional information to back your statement feel free to post the link....
My partner and I have a business concept so big that clients are already lining up at our door. We have done our research, we've done our test-marketing.
Depends on the interest rate and how often it is compounded. Ask your bank ?
jkyongi
If you're talking about American money, kiss it goodbye. The government is getting ready to give big business money to bail them out. The banks are getting $700 billion and the car makers are getting 17.3 billion, and that's just the appetizer. There will be plenty more. All that money is not going to be backed by gold or anything else except hot air from Washington. We're going to have inflation, inflation, inflation. Buy gold now.
happytreeforest
what is the percent interest?
Justin
I would invest in silver immediately. $500 worth of silver priced in today's dollars would bring you many thousands of dollars in 5 years.
mida0613
Use the rule of 72. This is done to estimate out how long it takes for your 250 to double. If you take the initial investment and divide it by the annual interest rate. This will give a number that represents the number of years. Then use some algebra to find out how much of that is done in five years.
mo b
that depends on the interest rate and what type of interest
Sad Spirit
If the interest rate is 5% that's $50/year so you'd have made $250 in interest in 5 years (for both) which is good, and doubled your initial investment in 10. Divide those numbers in half to figure it out for EACH. The interest rate can be as low as 2% or as high as 10% so it all depends on what it is which you haven't listed.
PsychGirl
Depends on the interest rate.
Mopman5533
These days these interest rates aren't very good. I would guess anywhere from 550$-650$.
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