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Is a 6.66% quartly return on an investment good? |
Is a 6.66% quartly return on an investment good? It depends on the risk. Higher risk investments should offer the potential for a higher return. What would the average return be for an investment with the same level of risk you are looking at? If the average return is higher than that 6.66% you mention, then, no, it would be a bad investment. i guess it depends on what you want but i believe 6.66 is a very good quarterly return. CD's are paying 5 +- annual yield. fixed annuities are paying 4.5 at most , FIA are paying around 7 but longer contracts. That's great compaired to a 1% you might get from your standard saving account. All depends on how you look at it. Considering that would annualize to OVER 25%, yes it is! No. |
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