Where can I get 8% return on my money? (2024)

Where can I get 8% return on my money?

1. Government Bonds: Considered low-risk, bonds issued by stable governments can provide steady returns, although they may not always reach 8%. 2. Certificates of Deposit (CDs): CDs from reputable banks offer fixed interest rates for a specified term, providing a guaranteed return.

Where can you earn 8 percent interest?

Corporate Bonds: Some corporate bonds may offer yields around 8 percent, especially those issued by companies with lower credit ratings.

Is an 8% return realistic?

Well, as per the calculations above, 8% before inflation is realistic if you are a US investor. But not if you are a Swiss investor. Let's sum it up this way: When you look at your actual portfolio performance as the years go by (=not inflation-adjusted), then 6.6%-8.4% is a realistic rate of return.

Where can I get a guaranteed 5% return on my money?

Option 4: Invest In The Stock Market

“Investing in a diversified mix of stocks across different sectors and geographies can offer the potential for returns at or above 5%,” said Kovar. “Consider index funds or ETFs that track a broad market index like the S&P 500.

What is the safest investment with the highest return?

Where is the safest place to put your retirement money?

The safest place to put your retirement funds is in low-risk investments and savings options with guaranteed growth. Low-risk investments and savings options include fixed annuities, savings accounts, CDs, treasury securities, and money market accounts. Of these, fixed annuities usually provide the best interest rates.

Where can I get 10 percent return on my money?

Which bank gives 7% interest on savings account?

No financial institutions currently offer 7% interest savings accounts. But some smaller banks and regional credit unions are currently paying more than 6.00% APY on savings accounts and up to 9.00% APY on checking accounts, though these accounts have restrictions and requirements.

Which US bank gives 7% interest on savings account?

As of March 2024, no banks are offering 7% interest rates on savings accounts. Two credit unions have high-interest checking accounts. Eligibility for these credit unions is limited according to geographic location and other narrow criteria.

How much money do I need to invest to make $1000 a month?

Calculate the Investment Needed: To earn $1,000 per month, or $12,000 per year, at a 3% yield, you'd need to invest a total of about $400,000.

How much money do I need to invest to make $3000 a month?

Imagine you wish to amass $3000 monthly from your investments, amounting to $36,000 annually. If you park your funds in a savings account offering a 2% annual interest rate, you'd need to inject roughly $1.8 million into the account.

How much money do day traders with $10000 accounts make per day on average?

With a $10,000 account, a good day might bring in a five percent gain, which is $500. However, day traders also need to consider fixed costs such as commissions charged by brokers. These commissions can eat into profits, and day traders need to earn enough to overcome these fees [2].

What is the safest investment right now?

What is the best investment right now?

How to invest $5 000 dollars for quick return?

What asset gives the highest return?

Which investment has the highest return in USA?

What is the next big thing to invest in?

Next Big Thing in Investing: Artificial Intelligence

The tech space is always worth watching when it comes to seeking out the next big thing in investing. Right now it seems that artificial intelligence (AI) is driving that bus and will be for the foreseeable future.

What is the best investment for 70 year old?

Ideally, you'll choose a mix of stocks, bonds, and cash investments that will work together to generate a steady stream of retirement income and future growth—all while helping to preserve your money.

Where should I put my money instead of a 401k?

Good alternatives include traditional and Roth IRAs and health savings accounts (HSAs). A non-retirement investment account can offer higher earnings but your risk may be higher.

Where is the safest place to stash money?

How do I get 20% return on money?

It is important to remember that there is no guaranteed way to achieve a 20% return, and attempting to achieve such a high return may result in taking on too much risk. It is essential to consult with a financial advisor and understand your risk tolerance and investment goals before making any investment decisions.

How do you get 12 percent return on investment?

Where to put $10,000 for best interest?

A stocks and shares ISA is likely to be most suitable. That is unless you will turn 55 within 30 years, in which case a pension might be a better tax wrapper for you. If you're unsure about the time horizon, you could invest in both a pension and a stocks and shares ISA.

Who is offering 6 interest?

Digital Federal Credit Union has an account that pays over 6% APY, but you must meet membership requirements to get started. You also won't earn this high interest rate on your entire Digital FCU savings balance. Plenty of savings accounts are available around the U.S. and still offer great rates — over 5% APY.