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    5 Replies Latest reply on Feb 10, 2008 9:28 PM by nickolaika

    Need feedback on this idea

    sporddreki Newbie

      I come from a foreign country (foreign to USA at least) which I will not name yet.

      Anyway, I was just sitting here thinking about something in the e-business.

      I've noticed that the highest yielding savings accounts in the states are like 6% or so anually.

      In my country I can easily get just over 15% interest annually.

      Isn't there some way for me to receive money from friends of mine in the states, invest in this fund here and guarantee around 9-10% interest annually for my friends (considdering currency rates between usd and our currency, changing) ?
      How about an e-biz that does just that?

      ..or am I just imagining this to be able to work?

      Any input appreciated :)