What is the highest savings/invstmnt rate in the whole world if I want to invst $100,000 us dollar for 5 yrs?
Answers:
If you like to invest in a cd that offers high returns, I know several banks in the Philippines that offers 20% interest per annum net of tax, interest payable monthly and is covered by 12 post dated checks each year for 5 years.. It is totally secured by PDIC. The banks (12 banks and growing) are a member of a group of companies that has interest in lending, credit cards, motorcycle assembling, pension and education plans marketing,newspapers and mutual funds You can email me for more information .
mutual fund is best
it depends on how much risk you're willing to take
check www.bankrate.com for the highest CD, savings, money market rates in the USA. Don't know if they have an equivalent site for Europe/England/Canada.
As the market is never an up forever thing. And demographics is turning against the markets, best to put the money in a bank or money market. The market could go up for 2 or 3 more years before giving up 30% of it then value. Even now the market is acting like down is the next move
25%
Look at: EverBank.com (WorldWide division).
BTW: You may get a higher rate on the foreign currency & winde up with less cash after you re-convert the fund to USD.
Foreign Currency transactions are very dangerous. This is a highly speculative area you're interested in.
Be very (very) carefull.
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