How to make a return if you have 1 million
Once upon a time, you were a part of the absolute wealthy elite if you were a millionaire. This is not the case today, since the statistics for several years have shown that the average Dane has a fortune of a million when everything is counted. If you have a million to invest for, you will be affected by the low interest rate level - especially if you have the money in cash or in bonds. The interest rate on Danish government and mortgage bonds, which is traditionally seen as safe investments, is so low that the return on costs may be negative. And if interest rates rise again, you may be affected by capital losses. Properties Although banks have sharply reduced their deposit rates, several experts recommend that investors with one million place a portion of their assets on a high interest account where the money is bound in for example two, five or ten years. It's a good idea to use the high interest account as a cushion if stock prices fall. It believes Rune Wagenit...