Can bank bonds pay in compound interest? and Inner City Life on Bond Street in Brooklyn ... 07/1974

Can bank bonds pay in compound interest?

I went the bank and asked the financial adviser to help me purchase bank bonds that pay in compound interest. She said that the bank bond don't have the option to compound interest. I am not sure is she lying to me or can bonds not pay in compound interest. I asked her if mutual funds pay in compound interest and she said that I have the option, so I purchased 10000 worth of mutual funds.


Bond best answer:

Answer by Common Sense
You're concerned about compound interest with $ 10,000?

Let's look at rates:
A 1.97% CD compounds to 1.99%..... So in the first year you've earned an extra $ 2 on your entire balance due to compounding.

With Mutual Funds the idea that they're "compounded" interest is a stretch at best. 99.9% of Mutual Funds can lose money (there is risk)..... what good is compounding if you have less money at the end of the year?

Compounding Interest is just about the last thing to look for in an investment. You need to understand what you've purchased. Banks are horrible places to buy Mutual Funds from.... and you are a perfect example as to why.

READ:
Investing For Dummies
Mutual Funds For Dummies

Bond

Inner City Life on Bond Street in Brooklyn ... 07/1974


Image by The U.S. National Archives
Original Caption: Inner City Life on Bond Street in Brooklyn, New York City. Brooklyn Remains One of America's Best Surviving Examples of a 19th Century City. Some of the Best American Architecture Survives in Her "Worst" Neighborhoods, Only Because It Hasn't Been Demolished Most of All, the Inner City Is Human Beings, as Beautiful and Threatened as the 19th Century Buildings in Their Environment 07/1974

U.S. National Archives' Local Identifier: 412-DA-13492

Photographer: Lyon, Danny, 1942-

Subjects:
Brooklyn (New York City, New York state, United States) borough
Environmental Protection Agency
Project DOCUMERICA

Persistent URL: arcweb.archives.gov/arc/action/ExternalIdSearch?id=555944

Repository: Still Picture Records Section, Special Media Archives Services Division (NWCS-S), National Archives at College Park, 8601 Adelphi Road, College Park, MD, 20740-6001.

For information about ordering reproductions of photographs held by the Still Picture Unit, visit: www.archives.gov/research/order/still-pictures.html

Reproductions may be ordered via an independent vendor. NARA maintains a list of vendors at www.archives.gov/research/order/vendors-photos-maps-dc.html



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Orignal From: Can bank bonds pay in compound interest? and Inner City Life on Bond Street in Brooklyn ... 07/1974