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Cars & Coffee Killer
Join Date: Sep 2004
Location: State of Failure
Posts: 32,246
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It's an annualized rate, meaning you'd have to hold it for one year to realize that return. It's also considered a zero-risk investment. You could put your money in high-rated bonds, and realize a slightly greater return for a slightly greater risk.
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Some Porsches long ago...then a wankle...
5 liters of VVT fury now
-Chris
"There is freedom in risk, just as there is oppression in security."
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