 What would you do with $20,000 in savings? |
Hi,
I have $20,000 saved up from my little trip to sunny Iraqi. What should I do with it? As far as problems are concerned, I guess this ain't a bad one to have, but any advice?
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 Ok, so how much can $100,000 produce a month? |
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Additional Details
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 How should i invest my money in the share market? |
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jinx_0334 | Invest 2500 dollars? |
i got back 2500 dollars from my tax return
i want to put into a savings or some sort of interest bearing account.
i can hold onto the money for at most one year til i would need to use it
i dont want to put it into anything risky
wht are my options ?
And what is a good bank to deal with ? |
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gosh137
 |
You do have enough for a one year CD. Go to www.bankrate.com to find the highest rate in the nation, and still insured by FDIC. |
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Jo Blo
 |
1 yr CD is as risk free as it gets,, and not a bad rate of return right now,, expect to make around $125 to $130. interest. |
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♥ Lily the Angel ♥
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Go check my site I can up to 33% interest in a year
my email is chantal@indiplan.com
http://www.indiplan.com |
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govtagent_2001
|
saving |
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Forex P
|
low risk - fixed deposit
medium risk - mutual funds/IPOs
high risk - stocks
best returns - if you've got any forex trader friend, you rae in good luck..provided he is professional...
Chris
www.forexaim.com |
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?
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You dont have enough for a high yield Money market account or CD at most banks. I would suggest you check into goverment savings bonds. 100 dollars in savings bonds after 5 years will net you $6,630. |
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pun9175181970
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Good detailed question.
You can check rates at Bankrate.com
HSBC Direct is my preference.
They are offer 6% APY for new money, no min. deposit.
It's better than most CDs.
I like HSBC Direct's online savings because I can link it to my regular check at HSBC bank.
You can transfer money between the account to max your savings.
Let you money work for you, even $100 at 5% APY is still $5.
After tax, it's still at good amount.
I have over $200,000 in HSBC Direct, getting about $900 in interest every month.
I don't recommend putting so much in one bank because FDIC only covers $100,000.
They should change that amount to $300,000.
It's being $100,000 since the 80s?
Most people put it in regular savings and getting less than 2%. Information is wealth. |
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bhaskarkdas
|
Hello Jinx:
Send me an email at bhaskarkdas@gmail.com will surely tell you how invest to do it without any risks. At good leverages
Dont waste your time looking around
Do take the free trial and see how much you make there is nothing to loose but all to gain !!
Dont delay
Regards |
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