I think 15% per annum is too good..What you think?
By Viraj
@viraj21283 (5)
January 24, 2017 6:16am CST
I was discussing with a friend on what kind of returns he expects from his investment and what makes him happy? His answer was anything above 15% on his investments will be a good deal. I was like that's damn good and too good to be true kind of a deal.
We all know how markets move and what happens to investments when there are phases of ups and downs? Do you feel it is too good to be true or there are better avenues?
2 responses
@nehalot (3)
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24 Jan 17
Obviously 15% in today's economy would be like a miracle. I think a return of a consistent 15% should be expected only in the long run. A short term gain could be higher than that with elevated risk. However, for someone looking for better perspectives and security of investment, a 15% return is almost too good to be true.
1 person likes this
@viraj21283 (5)
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24 Jan 17
That's what i also felt. Consider this the amount which is deposited as Fixed Deposit earns only 7% per annum. So the friend of mine is getting twice of what he is going to get in a normal savings instrument.
@nehalot (3)
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24 Jan 17
@viraj21283 exactly. where is he getting the return from? I hope it is not a Ponzi scheme
@viraj21283 (5)
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24 Jan 17
@nehalot No its not a ponzi scheme. Its some sort of secured investment with guarantee
@gustavowoltmann (108)
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25 Jan 17
Yeah 15% for a term deposit seems like an incredible return. I could understand getting that sort of return from the Stock Market or Currency Trading but from a deposit it just seems to good to be true if you know what I mean.
