Let's say I am offering you a 2% APY CD with a 1-year term, Would you be willing to Invest? Given that it is as safe as any of the big banks!
I saw that the highest APY you can get on a 1-year term CD in the US is just 0 .60 %. So if I were to offer the investors a solid 2 % guaranteed APY, would it be a sound investment?
If yes, then what sort of demographic would be interested in investing in such a CD?
If you want to know how will I be able to provide my investors with a 2 % APY, let's just say I get 3% APY from my Money Guy, and I keep 1% as my fee and pass on the 2% to my investor.
I'm not sure if this is the correct Sub for this question, so let me know!
Submitted September 24, 2021 at 11:35AM by Dr_Yakuza https://ift.tt/3kBBXI7
