Hi,
I have been offered a 40% return if I make a one off lump sum investment of 15000 and not get a return for 5 years. Basically its an employee investment scheme. Its a plc company so very safe investment.
I am wondering is this a good return?- i.e. I will get back 21K after 5 years.
could someone advise based on the above what would be the annual rate of return? Want to make sure that its over 5% which I could get on fixed rate deposit account.
Thanks for any advice.
I have been offered a 40% return if I make a one off lump sum investment of 15000 and not get a return for 5 years. Basically its an employee investment scheme. Its a plc company so very safe investment.
I am wondering is this a good return?- i.e. I will get back 21K after 5 years.
could someone advise based on the above what would be the annual rate of return? Want to make sure that its over 5% which I could get on fixed rate deposit account.
Thanks for any advice.