So I have $500 and I don't want to spend it so I want to make a savings bond.?

2017-08-05 6:40 am
How much could I make off of $500 in a year off a savings bond I'm with 1st bank and what saving bond should I use? Best answer awarded

回答 (3)

2017-08-05 8:46 am
✔ 最佳答案
Ask them, but not much. Current interest rates are very, very low - if you get 1% on a 1 year bond, that'd be impressive. And that's $5.

Do it anyway so you don't spend the money - but that's all your doing here.
2017-08-05 6:43 am
The bond rate is 2 or 3% at most, so you would make no more than $15 in one year.
I suggest you start a business with the $500. Something not too capital intensive, like making and selling jenkem.
2017-08-06 10:37 pm
Pennies. Interest rates are basically zero these days.
2017-08-05 3:55 pm
Ask the bank what your best options are
參考: Retired bill collector 35 years
2017-08-05 7:22 am
Tea
2017-08-05 6:47 am
Interest rates are low for savings bonds so you won't make much but your money is 100% safe.


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