I wish to start an investment business. What type of bank account would suit this purpose?
cisco asked:
Investments in realestate and certain businesses will be the main object.
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Try these method with confidence interval 95%:
50% private own business / open your own business or joint venture
30% realestate, stock, and bond
20% insurance and bank
this may lower the risk of your investment. Bank in US has very low interest compared to other developing countries such as Indonesia, Malaysia, Vietnam, etc. The interest rate may reach up to 14% per annum. if you like bank and or insurance, try to invest to developing countries. Low risk and better interest.
Samething as realestate, in developing countries you can have very large properties from the same amount you spent in US and the value growth almost 2 times faster tahn US. You may shock what you get from your money in other developing countries.
About opening new business, you better seek advise from your relatives and friend. I don’t know anything about you and your desire. Sorry quantum_shs