Monthly Interest of 250 Euros: Strategies for Daily, Fixed, and Stock Bond Payments
Earning a Nice Monthly Interest with Savings Accounts, Bonds, and More:
Want to generate 250 euros in monthly interest before taxes? That's 3,000 euros annually! This figure could cover a vacation, a car down payment, or contribute significantly to your wealth creation. Here's a straightforward guide on how to achieve this with savings accounts, term deposits, and a bond fund.
Capital Requirements for 250 Euros in Monthly Interest
Due to decreased interest rates, you'll need more capital to invest in savings and term deposits. But we've got a workaround coming up!
Check out the BÖRSE ONLINE Savings Account Comparison to snag 3.03% interest annually on your savings for the initial 12 months with growney. The catch? You'll need around 100,000 euros to earn 3,000 euros in pre-tax interest yearly. To get growney's savings account, click here.
With term deposits, the requirement remains high: At the BÖRSE ONLINE Term Deposit Comparison, a 12-month term with Credit Agricole demands 110,000 euros in capital at an interest rate of 2.75% p.a. A 36-month term with gefa-Bank offers 3.0% p.a., netting you 3,000 euros in pre-tax interest annually. Click here for the term deposit offer.
If you're looking to invest less than 100,000 euros for 250 euros in monthly interest, try this trick:
By the way, join our BÖRSE ONLINE Outperformance Newsletter to get more tips like this and exclusive stock analyses, all for free!
Higher Interest with Equity-Linked Bonds
Adventurous investors seeking bigger yields can consider equity-linked bonds. These products are linked to stock prices and are more volatile, but offer higher daily interest due to the increased risk (interest rate/365 = daily interest). One recent featured equity-linked bond, Smart Bet on TUI: Earn up to 11.91% p.a. interest, promises a whopping 11.91% p.a. interest.
With this interest rate, you'd need only 25,200 euros to make 250 euros in monthly pre-tax interest! That's a fraction of what it takes with savings or term deposits. However, investing in TUI's equity-linked bond is riskier than options with Deutsche Telekom or Allianz, offering around 6% with less volatility.
As you can see, it's still feasible to add income through savings accounts, term deposits, and equity-linked bonds.
Check out these additional articles: Expert advises "I'd steer clear of the MSCI World ETF and invest my money like this" or The blue giant surprises: 8.0% p.a. guaranteed interest with Allianz – for the long haul
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Legal Notice: This comparison does not represent a comprehensive market overview (§ 18 Abs. 6 ZKG). All information provided may not always be accurate, as it's subject to change and prone to errors.
Insight:* While specific examples of high-yield equity-linked bonds are not widely available, some bonds may offer higher returns due to riskier assets. For example, a bond tied to a high-growth stock index could yield higher returns but involves greater risks. Traditional bonds with higher fixed interest rates are less common in the current market. In these cases, you could consider bonds from emerging markets or those with lower credit ratings, which may offer higher yields to compensate for the increased risk.
To generate 250 euros in monthly interest before taxes with lower risk, you can invest approximately 100,000 euros in a savings account from growney, offering 3.03% interest annually. Alternatively, for those looking to invest less, equity-linked bonds like the Smart Bet on TUI could be an option, requiring only around 25,200 euros to generate 250 euros in monthly pre-tax interest, although they are riskier than traditional investment options.
