You have worked hard, and have invested wisely. You have stocks, bonds, a CD, an IRA and maybe even a savings account or a money market account. So then, how happy are you with the returns you are earning from each investment vehicle?
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As of October 23, 2007, Bankrate.com shows a 5 year CD with a 4.65% return, an interest bearing checking account earns a rate of 2.2% and a Money Market Account shows 3.61% interest. Now, 샌즈카지노 your IRA and stocks may perform better. Maybe you are getting 4 or 5% annually with these vehicles, hopefully, your return is much higher than this.
Now, you might be asking yourself at this point is: Well, are there better returns to be made out there? The answer is ABSOLUTELY!! Let's take a step back first, and look at the tools we have discussed so far.
What is a stock? It is a basic ownership interest in a given company. Basically, it gives you the opportunity to earn dividends, or payments, from corporate profits. This is a very simplistic view of stocks. Bonds can be backed by the government and corporations amongst other groups. They can be a very complicated investment tool, again, which typically pays a small rate of return. CD's, or Certificates of Deposit are another very common choice in which to invest. Many institutions offer them with different maturity dates and interest rates. Savings accounts and interest bearing checking accounts can also be found at banks, savings and loan institutions, credit unions
