Investment and Good Returns?

higher risk comes better returns, need prepared go more risky investments banks. miserable interest offered banks means money pretty stays same inflation, doesn't long term wealth.

if you've not started already, start saving @ least 10% of regular income in savings account. then, when save $2000, go see financial planner. free service @ bank. can direct better investment products earn (on average) 7%-10%. or can go morningstar.com , have @ products have there. that's website specialises in mutual funds , can recommend products. if find 1 like, contact company , send prospectus. read through understand it's about, , if it, can send off cheque , application form (that last 1 in of prospectus) , send off. that's need do.

i'm aussie. in australia, pay mer (management expense ratio) investments when make investment. if invested $2000 somewhere, they'd take $80 out of when invest it, , there other, small fees. however, if choose reinvest dividend, don't pay cost when reinvest.

don't know how commissions or fees work are. on here, either pay fee see financial planner or broker, or take small commission (the mer) every amount invest. it's 0.04% of invest. planner should explain you.

if you're busy, mutual fund best you. basically, company buys huge portfolio of shares, works out average price , issues units. when invest, buy units, don't own shares directly. spreads risk on many different companies , asset classes, on average better returns, , don't have think investment. happens.

best wishes

i know, if invest in saving in gic or saving accounts hardly bank offer 3% 3.75% of interest, risk free.is there way earn 7% 10% of returns invested either in stocks , bonds, if yes how fee or commission have pay financial broker,

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