What is the maximum interest I can get for 10000$?

Question

What is the maximum interest I can get for 10000$?

Answer 1

It really depends on the investment instrument.  With equities, you can earn an average return of 10 - 20% over a year.

Answer 2

you can earn upto 30% p a max. seek investment guidance

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Answer 3

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Answer 4

Look dude 10000$ in indian currency means Rs. 4,00,000, u can buy a car or can start ur own  business.

Answer 5

30%?? Wow, sounds too good to be true!

Stay far away from the person above me (wealthed..)

Over time, Stocks will earn on average 8%. This is a conservative estimate & a safe assumption. Anything above this gets risky.

Stocks do fluctuate, & there will be times when you lose money, but if you are diversified properly & hang in there, over time you will average ~8%.

If someone says they can earn you 10% on your money with no risk, turn and run the other way.

Right now the highest you can earn on a 5 year CD that compounds daily is 4.85%.

Your investment including the10,000 will be worth $12,744.11.

When investing in stocks do it only through a low cost mutual fund where your investment is divided up amongst several stocks, could be hundreds or thousands of stocks & bonds etc. This way, when one company goes broke you won't even notice.

10 years at 8% including the 10,000, your investment will be worth

$22,253.46

20 years

$49,521.64

30 yrs

$110,202.78

$10,000 may seem like a lot of money, but it is nothing to retire on. It is a good starting point though. Invest it, & continue investing for the rest of your life. Sounds boring? I know, but its the safest way to get rich over time.

Answer 6

Try Subah Sawere company.It invests Rs.13140 and benefits Rs.26 Lakhs.