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What return would you get if you invested 拢300,000? |
If I were to put 拢300,000 into a non risky savings account, what is the best return i could achieve. we have been looking to invest money and hsbc (the only place we checked as they are our bank ) offered about 拢1300 a month on 拢330,000. there are different accounts and rates depending on how quickly u want to access yr money, i think that this is 6 months so may not be what u want, however it may give u a bit of an idea. Non risk savings accounts currently returning around 6% gross - internet banking usually gives highest return up to 7% gross. dude, if you have 300k i'd think about asking a proper FA. Go to your bank and ask them. It's in their interest for you to have as much money as possible with them. Putting 拢300,000 into a Savings Account, Fixed or Time Deposit fetches little interest which varies from Bank to Bank. The only safety is that your money is available 100% at any time! risk free? go and buy treassury bills with maturity of 30 days... return will be 5.5% or 1 400 USD:) Post office there are a lot's of good offers non risky for your money. |
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