How to Maximise Returns on Your Savings?

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If you have a regular savings account, you must be aware of the low rates of interest that you have to do with from financial institutions such as banks. However, following March 2009, interest rates have pretty much remained the same everywhere and they could take a further dip rather than going up. This is bad news for investors as well as average money savers. Find out how to get maximum returns on your savings.

Venture Capital

You can make a lot of money from venture capital companies, such as Kickstarter, which offer your money on loan to various small businesses. It is possible to get a handsome return. The profit margin can be very high, and there is the joy to be associated with the development of a startup that could get big in the coming days.

Peer-to-Peer Lending

This is a very fast growing industry, where you can invest on a proven platform. Your potential of risks is minimized with credit checks and standard applications. You can find a wider variety of potential targets in this industry, and it is important to take some time to consider every possible alternative. You can make over 5% earnings on your funding after investment, which makes peer to peer lending a good passive income generator.

Property Funds

It has long been a trusted way of earning high amounts on savings. Even if you are a novice in this area, you could find many residential and commercial properties to invest in and get small shares from the profits that are reaped. It is possible to get many such funds these days. It is a good idea to make small investments into various properties instead of investing all your money into a single property unit. Although the return rates vary across property investments, you can get returns as high as about 8%.

Mini Bonds

These stand apart from run of the mill public bonds, and offer significantly higher rates. While making investments in mini bonds, you are practically loaning money from a company to bolster its growth. Thus, you need to have confidence about the long-term prospects of every company. As these bonds cannot be transferred, you will have your money tied up for some months. However, you can enjoy the best rates. The rates of interest differ a lot across providers, but you could get interest rate as high as 8% with major investment firms.

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