The Tiny Country Where CDs
Yield 12.14%
Dear Income Investor,
If you think only banks in "iffy" countries pay double-digit interest rates on their CDs . . . allow me to introduce you to Iceland.
Is Iceland a developed country? You bet. It has the fourth-highest per capita income in the world, at $54,858.
Is it a safe place to put your money? Certainly. The government here has no net debt and is considered the world's least corrupt administration.
In the U.S., a nation running huge budget and trade deficits, T-bills don't even pay you
2%. In fiscally sound Iceland, you can get 15.1% for the same
paper.
Of course, your
interest is paid in Icelandic kronur and then converted back into
dollars. So your real return will be even higher if Iceland's
currency appreciates against the dollar, as it has for most of the
past decade.
Icelandic CDs have treated American
investors warmly. Many investors who bought them at the start of
last year, when the deposits were earning 12%, also saw the krona
appreciate 10% by year-end, resulting in a total return of 25%. And
that's in a CD, mind you! And with the St. Louis-based bank we'll
tell you about in High-Yield International, you don't even
have to send your money to Iceland to capture these sky-high yields.
Bottom line -- if you're not capturing safe, double-digit yields in places like Iceland, then you're missing out on
91% of the world's highest-yielding stocks and high-yielding instruments.
Visit this link and I'll show you how to capture
some of the world's highest interest rates in ultra-safe CDs -- plus yields of up to
23.0% on common stocks. It will change the way you think about investing forever.
Welcome to a whole new world of high yields --
High-Yield International.
Sincerely,

Paul Tracy
Chief Investment Strategist
StreetAuthority, LLC
|