I looked at my savings account that pays 1% interest, and it earned a wopping .37 cents last month.
Do all you veteran CRHers think it would make more money in the long run to have $370 sitting in a savings account earning compound interest for 10 years, or to take that same money and speculate on CRH and having the keepers appreciate in value over 10 years due to either numastic value or metal value?
according to the compound interest calculator at
http://www.moneychimp.com/calculator/compound_interest_calculator.htm
the ending balance over 10 years would be 408.71
I would appreciate everyone's thoughts/experiences on this.....
Thanks
Do all you veteran CRHers think it would make more money in the long run to have $370 sitting in a savings account earning compound interest for 10 years, or to take that same money and speculate on CRH and having the keepers appreciate in value over 10 years due to either numastic value or metal value?
according to the compound interest calculator at
http://www.moneychimp.com/calculator/compound_interest_calculator.htm
the ending balance over 10 years would be 408.71
I would appreciate everyone's thoughts/experiences on this.....
Thanks
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