The Safest Investment!

The safest investment out there for the low risk investors has got to be investing your money in a bank with interest returns with 0% risk. For example if you invest £100,000 into a 6.75% savings account you will make £6750 per year, which works out at £562.50 per month and for a zero percentage risk that is very good you must agree.

This how you work out what you will make on a savings account. First of all you find out the interest rate( The percentage of your money you gain for investing with them) for example you interest rate is 6.79% and you are going to invest £1000. This will be the sum you have to do!

£1000/100=100

10x6.79=£67.90 (Per Year)

£67.90/12=£5.65 (Per Month)

That is just how simple it is to work out how much you will make on a savings account. If you are thinking of getting a savings account I would suggest you use a well established bank such as Barclays, HSBC, as there will be zero percent risk of the banks going bump.