How to earn interest in 2017

You can earn interest by investing in financial institutions, buying shares or giving them a loan. Choose the most suitable method from the possible options and make the money work for you.

Instruction manual

1

Place your funds on deposit at the bank. When choosing an institution to which you trust your savings, you need to consider some factors. Surely you are trying to put money under the highest possible percentage. Be careful, because attractive financial conditions can be offered by unreliable banks. Of course, your contribution will be insured by the state. But keep in mind that the sum insured does not exceed 700, 000 rubles. That is, if your bank goes bankrupt, the rest will simply burn. In addition, you will not receive the promised interest for the placement of funds. Trust a bank in good standing. Some of them offer good bets.

2

Determine the optimal type of contribution. If you plan to replenish your account, choose a deposit with the possibility of adding. Pay attention to the presence or absence of interest capitalization. With this function, interest is monthly added to the amount of your deposit. Do not forget to choose the right deposit period. If your goal is to accumulate and increase money, conclude a fixed-term contract with the bank, in which you cannot withdraw funds without losing interest. So you will not be tempted to invest in satisfying your momentary desire.

3

Consider investing in stocks. If you do not have time to understand the intricacies of the investment market, use the services of a specialized company. For example, you can invest in mutual funds. At the same time, the financial specialist of the company with which you enter into an agreement is obligated to place your funds profitably in accordance with the level of risk and profitability that you choose.

4

Get interest by providing a loan. For example, you can lend money to your friend to expand your business. Among the points that you should pay attention to in this case, in the first place are the reliability of the person and the value of the percentage. It should be no less than 15-20% per annum. With a lower rate, there’s no reason to risk it.