I have OP magic. I can reverse time and take my money back from your future. There is no escape from OP Magic Lemmings.

You have 1 year. What do you do with this small sum of money?

  • sga@lemmings.worldEnglish
    10·
    5 days ago

    Probably make a fixed deposit with the principal of 1 Million, and then after a year, (Assuming annual interest rate of around 7%) I would get 1.07 million, and give you 1 Million back, and still have USD 70,000, which is still a good amount to get for free. If we get quarterly interest rate, it would be slightly higher, so will try for that

    • moseschrute@lemmy.mlEnglish
      2·
      4 days ago

      Where are you finding low risk investments with that much interest? Genuine question. Maybe I should shop around more. I would expect closer to 3.5-4%.