Gold Investment Options

Day 706, 20:51 Published in USA USA by Better Business Bureau
As submitted by Dr. Tango, a Better Business Bureau Associate Editor.

Where to put your money

So, you have 10 gold. You want to save it but you don’t want it to just sit there uselessly. Lucky for you there are many options out there for investing your money. A stroll into the Business Resource Center will bring you to plenty of Banks and Investment Funds. Today, I’m going to go through a couple of them to see where you can put your money most wisely.

Lets start with Tjelle Bank. Tjelle is one of the most prominent and successful banks in E-Rep. It holds 2000 gold in deposits and assets. The man behind the wheel of this behemoth is Aiden Astrup. The bank is very active and offers good intrest rates. Rates were lowered some time ago to around 5% for most accounts. While in defending this move, Adien showed us the Tjelle is a bank run by some very economically-wise players, some still dislike the lower rates. With no minimum deposit required, even newbies can put their money to work. Tjelle also offers stock in their company.
I give them an 9/10

HIEU Bank is next up.
HIEU is part of the Hanson Cooperation (corporatehanson.weebly.com/). The Corporation offers such services as Company Outsourcing and Mortgages. The bank is a fast growing addition to the Corporation. The Savings accounts offer attractive rates but require 20 gold to hit the top tier of 8.75%. They also offer a High Rollers account of 12.85% for those rich guys with 208 Gold. Investments do take a hit though, with their CDs only offering 9.65% for a full year of investing. They also offer accounts for Bussiness accounts with 15.895% for a 52 gold investment and a money market account with 12.5%. The downside to this bank is that they are new and so cannot offer the security blanket of other banks.
I give them a 7/10

A new guy on the scene is The Company. I was lucky enough to talk with the managers of this Irish-based bank right before they opened their doors. It is run by Current and Former Irish Ministers of Finance. The owners themselves control 2000 gold in assets (to which I responded, “Damn!”). They offer such options as insurance, multiple account holders, and free financial advice. Their short fall is the small interest rate of 1.3%. This intrest is weekly though and gains a 1% bumb when you let an account go untouched for a month. The advantage to low intrest of course is that your money won’t be put into risky ventures in order to make enough profit.
I give them a 9/10

Big Johnson’s Investment Plan is a fund that has been in operation for 6 months. Even the little guy can invest in some shares, with a 6.5 USD cost per share. He pays out dividends on a supposedly weekly basis. Unfortunately, due to RL, the owner is often away and so investors have to wait it out for their profit. Right now is one of those times. The good aspect of this is that share prices drop at this time (I’m selling mine at 6 USD) and then bounce back up when he starts paying back again. So if you invest at the right time you can make some easy money, if you have patience.
Due to the inactivity, I give them 4/10.

McAdden Investments (http://mcaddeninvestments.weebly.com/) runs multiple companies and offers multiple products. Run by Sydiot, they offer Dividends, MM accounts, and long-term Growth funds, depending on your particular taste. It was put on hold for a short time but is up and rolling ready for new investors. They don’t offer a set interest rate but instead try to suit you with accounts based on the amount of profit/risk you want.
I give them the 10/10.

Other banks and investors are out there. I encourage you to look into what they offer but always make sure to avoid scams and always get a contract.