Thursday, August 8, 2013
Fixed Interest Rate of 5.75 Percent Per Year
Searching through our fixed-income inventory this morning and I found a great deal on 25 investment grade bonds. The bonds have a coupon of 5.75%, payable semi-annually. They mature in 2020 and have a worst case scenario yield of 4.994%. A $25,000 investment would give you approximately $33,597.50 at the end of 5 years or approximately *$1,619 per year in interest.
If you have a CD maturing soon, coming into a windfall or would like to jump start your retirement fund, this may be a good investment to start with.
For more information or for a firm quote, call me at -1-866-801-3359.
*Quote does not include broker and adviser fees which may reduce actual annual interest received.
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