US Interest return alternatives

[BonguBooshanam]

Ikkada interest rates/FD rates very less kadha. Alternative options suggest please. Never traded stocks no knowledge on that. I want to take very less risk in loosing money.

[BossIzzWell]

16 minutes ago, BonguBooshanam said:

Ikkada interest rates/FD rates very less kadha. Alternative options suggest please. Never traded stocks no knowledge on that. I want to take very less risk in loosing money.

less risk = less reward

less time spent ayite go for roboadvisors like betterment, wealthfront or charlesschwab robo advisors

[k2s]

Stocks..

[luckyj1]

25 minutes ago, BonguBooshanam said:

Ikkada interest rates/FD rates very less kadha. Alternative options suggest please. Never traded stocks no knowledge on that. I want to take very less risk in loosing money.

Look at private equity for businesses.

[BossIzzWell]

4 minutes ago, luckyj1 said:

Look at private equity for businesses.

nee eshalo!! akkada stocks lo petteki interest ledu ante portfolio enthundo ardamkale? private equity anta.. nee paasugala

[BonguBooshanam]

20 minutes ago, BossIzzWell said:

less risk = less reward

less time spent ayite go for roboadvisors like betterment, wealthfront or charlesschwab robo advisors

Okay will find out. principal amount aithey loss vundadhu kadha.

[BonguBooshanam]

I thought to move money to Indian nre account so that I can get 6-7 % interest rate and after 1 year to get back the money to US Bank account but I see dollar rate decrease aithey out returns will go down. 

 

FCRR deposits chesa they are not subject to exchange rate changes but interest rate is very less around 2% and don't know if there are any additional fee for depositing. This is the info I currently have.

[BonguBooshanam]

17 minutes ago, luckyj1 said:

Look at private equity for businesses.

Private Equity eppudu vinaledhu

[nildesparandom]

29 minutes ago, BossIzzWell said:

less risk = less reward

less time spent ayite go for roboadvisors like betterment, wealthfront or charlesschwab robo advisors

good to know about these. very nice info.

[nildesparandom]

5 minutes ago, BonguBooshanam said:

I thought to move money to Indian nre account so that I can get 6-7 % interest rate and after 1 year to get back the money to US Bank account but I see dollar rate decrease aithey out returns will go down. 

 

FCRR deposits chesa they are not subject to exchange rate changes but interest rate is very less around 2% and don't know if there are any additional fee for depositing. This is the info I currently have.

kaastha chepparaade FCRR gunrinchi...where to invest ?

[Manmada9]

8 minutes ago, BonguBooshanam said:

I thought to move money to Indian nre account so that I can get 6-7 % interest rate and after 1 year to get back the money to US Bank account but I see dollar rate decrease aithey out returns will go down. 

 

FCRR deposits chesa they are not subject to exchange rate changes but interest rate is very less around 2% and don't know if there are any additional fee for depositing. This is the info I currently have.

Interest earned in India ki tax kattaliga ikkada

IRS treat it as a source of income

[BonguBooshanam]

9 minutes ago, nildesparandom said:

kaastha chepparaade FCRR gunrinchi...where to invest ?

 FCNR  deposits. NRE Deposits ani search chesthey Sbi link I see

 

FOREIGN CURRENCY NON-RESIDENT DEPOSITS (FCNR(B)) (% P.A.) w.e.f. 01.07.2017
CURRENCY	USD		GBP		EURO		CAD		AUD		JPY
PERIOD OF

 

 

https://www.sbi.co.in/portal/web/interest-rates/foreign-currency-non-resident-deposits-fcnr

[BonguBooshanam]

8 minutes ago, Manmada9 said:

Interest earned in India ki tax kattaliga ikkada

IRS treat it as a source of income

Interest pay cheyyali ikkada yes. I am okay with that. At least 0.01current interest rate kantey vachina interest medha tax kattina better kadha

[papampasivadu]

7 minutes ago, Manmada9 said:

Interest earned in India ki tax kattaliga ikkada

IRS treat it as a source of income

That's true..kattali..India lo bank manager tried to convince me last time that 1.5l kanna takkuva aythe avsaram ledhu amma and all...

But US rule aythe any amount will be added to your annual income here and tax bracket will be fixed accordingly. Already ikkada 6 figure salary aythe tax vaachipoddhi.

[papampasivadu]

3 minutes ago, BonguBooshanam said:

Interest pay cheyyali ikkada yes. I am okay with that. At least 0.01current interest rate kantey vachina interest medha tax kattina better kadha

Bro..I'd rather suggest investing into your 401k accounts.