 Is it possible to make a few hundred per month with a few thousand? |
I only have a few thousand to invest but all I need to make is a few hundred per month. Who knows how to do this in a reasonably and relatively safe way?
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Hah, I like ... |
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 If you came into $100, 000, what would you do with it? |
| I have inheritance money coming to me and not sure where to invest. Just don't want to put it in shares...... |
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 Who keeps reporting me? |
I am just curious who keeps reporting my answers because I attach a link to my blog.
1. I do not receive any form of benefit from people visiting it. There is nothing on it that someone ... |
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 What is the best invest option? |
| I am getting about $3000.00. I have enough money to suit me now, I want to save about $2000 of the $3000, What is the best way? a cd (my local bank is 4.75% min 6 months, $500 min) govement bonds?, i ... |
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 I have $25k sitting around, doing nothing for me. How can I effectively invest it for a 7% or greater return? |
Just sitting there in a checking account.
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Thank you for the answers thus far -- I wish to add that I am young (under 25) and wish to go with a moderately aggressive ... |
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 When to buy gold ? |
| will gold price fall again ? will it reach 1000usd per ounce in 2008 ? buy singapore lunar 1 oz gold coins or their bullion coins or malaysia "kijang emas" (their bullion gold coins) easier ... |
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Jerry M | If i have 650000 dollars making 8% yrly and add $2500/month how much will it be worthin 12yrs? |
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muncie birder
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before or after taxes? |
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Jennifer G
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Actually my handy HP calculator comes up with $2,293,473.93. Good luck |
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goodyisback2010
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your interest alone earns you more money than I make |
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twong18
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The correct answer is $2,206,124.37.
Now, if the interest on the uniform monthly contributions is compounded monthy at 8% per year, instead of annually, then the effective monthly rate becomes 0.6434%. This is because 0.6434%/month gives an APY of 8%/year. Compounding this income stream monthly and adding to the future worth of the original amount gives a grand total of $2,226,707.72. |
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lee_adamant
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None of you have a clue. If it makes 8% yearly you have to subtract the taxes. The taxes very depending on where you are located, and whether you make the 8 after 12 months - so the earning is capital gain assessed or if under 12 months income tax assessed.
Then in terms of what the $number if worth it depends on inflation. SO you should adjust the outcome by inflation after tax to see what it is really worth ... not nearly as much as you first thought!
If you want to make the return tax free then you can select exempt investments or choose an IRA .. to defer tax and therefore you can compound the returns tax free until you exit the investment.
But why would yo settle for just 8% per annum when writing covered calls you can earn 4% per month?! |
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ashley42066
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8 million 784 thousand. |
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jthomas1279
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Assuming that your interest is compounded yearly (most interest is) then in twelve years you will have $1,684,253.39 |
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christopher s
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This is a simple compound interest question. Ask your math teacher.
Take $650,000 and multiply it by 1.08. This is what you will have after one year if you add nothing else. Now add the $30,000. This is what you will have after one year of interest and added payments. Next, multiply this first result by 1.08 and add the $30,000 twelve times over. There is a formula for this, but I don't know it offhand. Doing it by hand shows you how fast your money adds up each year. I'm going to guess the final result is somewhere near $5 million... |
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moglie
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$7848000 |
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