How can we earn tons of interest on our cash within one year?
830570
As a rule of thumb, the interest you earn, is directly proportional to the risk involved in the investment. \n\nTo take out a loan in order to invest in a bank paper makes no sense. Banks make money (among other things) by lending you money at higher interest rates that they pay on savings accounts, and CDs.\n\nIf your goal is to increase the value of your real estate, you have several options: Remodeling only pays of if it ads to the value of the house  (For instance, putting in new carpet does not) Adding a bedroom or bathroom does. Remodeling the kitchen may.\n\nAnother option is to invest in an additional real property. (Not in time-shares) Some people have been quite successful (depending on location) in buyng distressed property, paying back taxes, and sprucing it up; fixting everything that needs fixing (roof, waterpipe, water heater, etc) putting on a fresh coat of paint, and inexpensive light beige carpet. and reselling it. This works if you're handy at fixing things around the house.
651936
Interest = Rate x Principle\n\nThis assumes that you are talking about a straight percentage (e.g. 6 1/2% per year) and that you are asking about 1 year.\n\nAnyway, the amount of interest she will earn after a year is 6 1/2% of the principle (orignal savings amount).\n\n0.065 x 400 = $26\n\nShe'll earn $26 dollars after 1 year (for a new balance of $426.00)\n\n(The next year she'll earn 0.065 x 426 = $27.69 interest for a total of $453.69... etc.)
324720
Make a bunch of money and buy one like the rest of us
537508
You could open an online (only) account at an investment bank, there are many out there with high interest rates!\n\nIng Direct\nHSBC\n\njust to name a few.
450896
I heard if you put 1 mil in a savings account, you get a much higher interest rate, like 10%.  So I would put it in the bank and live off the interest.
148450
fun raising\ngarage sale\nwithdraw money from ur bank account
1100672
Pay off all debts first. Hold a savings acct to use for emergency needs, vehicle purchases, home repairs, vacations, etc.\n\nReplenish this as it is used.\n\nAfter that, Extra money could then be applied to these DRIP accounts\n\nPaying a credit card off that charges 19% interest is a guaranteed return of 19%. no stocks can do this on a guaranteed basis.\n\nsame with eliminating Auto-loan payments.
1086203
Count up the money you have. Go to work and save that amount in 12 months. Within a year your money will have doubled, guaranteed.\n\nI've doubled money in far less than a year, but it entailed significant risk. More important to me is to hang on to what I have, save more, and achieve a return of 15% or more every year. I do this by researching and investing in quality stocks of companies that produce hard commodities (oil and mining companies).\n\nBest of success.
800545
stick ur  $$28.88  in da bank and keep doing that then ur have a lot of $$$ at end of year
268922
The answer is easy:  Whatever you did to earn the $100, do twice that the next month.  The next month, do twice as much as that month.\n\nThe only way to escalate earnings that fast is to WORK TWICE AS HARD each month as the previous month.  However, if you do this, you will become wealthy.
760418
Hmmm... you're that naive, huh?  \n\nWell then the risk free way to turn $1,000 is to change the money into $1 bills.  Tear each $1 bill into 10 pieces.  Then plant each piece into the ground.  Don't forget to water them and put them in a sunny spot.  You should start to see little money sproutlings, kind of like magic beans.  Don't panic if nothing happens after three weeks as usually all the fun happens in the fourth week.  Each dollar seed should grow into a brand new dollar bill.  Occassionally, I get a rogue $20 in there - but only when I'm really lucky.
1025885
save more-invest more and earn more
501943
http://www.cashcrate.com/index.php?ref=24097\n\nsimply signup and you can earn money with out any invest
43381
I could write an entire paper on this subject.  However I'll give you a few tips to get you started.\n\n1: Those who understand interest collect it.  Those who don't pay it.  There are things in life that you must take out a loan in order to obtain, and it is even a good thing for certain things such as a house.  However most items you should make payments to yourself and then purchase it.  You can save an incredible amount of money by doing this.  For example; get by with the old clunker car you have and instead of paying the bank $500 a month for a new one, save it in an interest bearing savings account until you have enough to pay cash for it. Same goes for the toys. If you want a new 48" HD flat panel TV, make payments to yourself until you have enough to purchase it. DON'T get the loan.\n\n2. Start putting  money in interest bearing fund.  An IRA (individual retirement account) is an excellent choice.  Do not worry if you can not afford to put away much each month.  If $10 is all you can handle that is fine, the important thing is to start.  If your place of employment offers a 401k, you should definatly take advantage of it.  Many times they will match a certain portion of your contribution, which in a sense is a payraise.  ALso by putting your money into such funds you can't just go to the bank and draw from it which is a good thing.\n\n3.  Whenever you get a payraise, or take a different job that pays more, you should save most of the raise rather than spend it.  You have been getting by with the old salary and are use to it. At least save half of the raise.\n\n4.  When you start saving it will seem that your savings are not growing very fast.  But you will be surprised a few years down the road just how much it begins to grow.  If you have a $100 dollars in savings an earn 7% interest on it in a years time you have made only seven dollars.  But  the more you save the more that 7% means. When you have $100,000 dollars in your accountd that 7% equates to $7,000 dollars.\n\nEven people with meager incomes can become independently wealthy over time.  Just don't expect it happen overnight.\n\nI have been saving for 16 years now and my net worth is now slightly over a million dollars.  When I started saving my yearly salary was about $24,000/year.  It is currently about $70,000.  So you see I don't make an extreme amount of money, but I have been able to save a fairly good amount.  It can be done, it just takes perservance.\n\nBest of luck!
624870
Buy a diversified series of mutual funds. Make sure you hit all the assets classes, like Large cap stocks, small/mid cap stocks, international stocks, emerging markets stocks, government debt, corporate debt, hi-yield debt, foreign debt, emerging markets debt, real estate, commodities, and precious metals. That's 12 categories right there, so with $1000, you're talking about $83 each. Why not spring for an extra 200 bucks, and start each off with $100 even?\n\nThen sit back and rebalance each year, back to your original percentages. This is called asset allocation. The thinking being, what's BEEN hot is more than likely not going to STAY hot.\n\nThis sort of portfolio should average 8-12% per year, so jsut split the difference and say 10%. Will it do 10% EVERY year? Of course not. I'd be surprised if it ever did EXACTLY 10%. That's an annual average. With that average, your money should double roughly every 7 years.\nSo, if you're starting with $2,000 or so like you said in the question, then in 7 years you should have about $4,000\nin 14 years you should have about $8,000\nin 21 years you should have about $16,000\nin 28 years you should have about $32,000\nin 35 years you should have about $64,000\nin 42 years you should have about $128,000\nin 49 years you should have about $256,000\nin 56 years you should have about $512,000\nin 63 years you should have about $1,024,000\nin 70 years you should have about $2,048,000!\n\n\nOf course, if you keep adding money in, say $100 a month, you'll become a millionaire MUCH sooner. The key is discipline, and sticking in when markets are up OR down. Don't try to time the market--you'll NEVER get it right.\n\nOh, and if you qualify, and do this all in a Roth IRA? Then every penny will be 100% TAX-FREE. That's a deal that's too good to pass up. That's why I tell all my under-30 clients--if you make under $90,000, and therefore qualify to do a Roth, you'd be a fool not to. Just having the power of youth (and therefore time) on your side is such an advantage, to squander it would be such a waste!\n\nHope this helps!\n--J.
1088604
you can open an online savings account with an interest rate of 4.75 with citibank, or 4.65 with hsbc or emigrantdirect, it's a little lower than one year cds but you can get your money right away without penalty\n\nhave enough money in this account (about 3 months worth of expenses in case you lost your job) and the rest in cds
25007
It naturally depends on what your starting capital is - and what your investment horizon is. Thus if you already have $1mn in the bank, and you leave it in a check account which yields 1% p.a., then after one year the bank will add $10,000 to your account :)