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Investing: How to get 5% or more interest ?


On a no risk investment bank FDIC account.

What type of account should I be looking for?

CD's are out of the question, their rates are lower than ever.

You can't get that high an interest rate. The fed has aggressively cut rates to fight the economic slowdown. This has lowered rates for both savers and borrowers. 5% interest rates on savings accounts are history until the Fed raises rates again.

You can check bankrate.com for rates. They are all below 5%.

If you are looking at savings or money market account, check out bankrate.com ... they list the best rates avail. out there

nowhere

Online savings accounts like EmigrantDirect.com or HSBC were paying up to 5.75% until Bernanke and the boys started cutting rates.
Investing in A CD a year ago would have you sitting pretty right now , but it's too late for that now.And if you need your money in a hurry a CD is no way to go.
But if you have a chunk of change that you can invest long term then now is a good time to buy some stocks.
The market is way down from it's highs of last year , so everything is on sale.That's not to say that you're investment won't lose money , but stocks have always out-performed every other investment class over the long term.
You just have to do some research , invest wisely , and be PATIENT when the market takes a hit.Most people lose their @ss when they panic and sell off their assets for less than they bought them.
Good luck!

Lend money to people on prosper.com Here you'll be able to get about a 12% return on average depending on whom you decide to loan to.

You won't be able to get more than 5% no-risk. Bank rates / CD rates are the best you can do right now. Shop around, some online banks offer around 4%.

...in European banks (5- 9% annual interest). No risk.

Alternatively try to invest in someones business. You may receive at least 15% guaranteed interest per year.

I run my own business and my net profit is over 5% a month.

CD's????

I have no good answer..
but I do think this is a grreat.... question... have a STAR....
take care..

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