7% interest rate on investment?

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Y77
Posts: 234
Joined: Mon Jan 09, 2012 10:52 am

7% interest rate on investment?

Post by Y77 » Sat Jul 29, 2017 10:44 am

Has anybody heard of this company that promises such high interest rate? Any experiences?
https://korkeatuottoinen.fi/



7% interest rate on investment?

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FinnGuyHelsinki
Posts: 1439
Joined: Sun Nov 08, 2009 8:52 pm

Re: 7% interest rate on investment?

Post by FinnGuyHelsinki » Tue Aug 01, 2017 1:03 pm

No experience, but it's an investment for which (partially taxable) dividend is paid - there are no safeguards as for e.g. a deposit in a bank account, so everything is possible, you getting the 7% annually or losing everything, including the capital, if the company goes bankrupt.

Y77
Posts: 234
Joined: Mon Jan 09, 2012 10:52 am

Re: 7% interest rate on investment?

Post by Y77 » Thu Aug 03, 2017 6:08 pm

FinnGuyHelsinki wrote:No experience, but it's an investment for which (partially taxable) dividend is paid - there are no safeguards as for e.g. a deposit in a bank account, so everything is possible, you getting the 7% annually or losing everything, including the capital, if the company goes bankrupt.
I've decided to give it a go and invest 2k with a similar company, they are the one that offer pikavippi, seems fairly solid, but of course a 7% return doesn't come risk free


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