Tuesday, February 04, 2014

Smart Investments

If you invested $1,000 in early 2004 in a CD that paid 5% annual interest, you'd have $1,628.90 today.

If you invested $1,000 in early 2004 in a CD that paid 20% annual interest, you'd have $6,191.74 today.

If you bet $100 each of the last 10 years that the first score in the Super Bowl would be a safety (at 50 to 1 odds, the typical offering for that bet), you'd have $9,200 today.

The sad part is, that third bet is the only realistic offering on this list. But if you find a CD offering 20% annual interest, please let me know.

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