Quote:
|
Originally Posted by fg4us
Most of guys here really donīt know how Brazil is changing in the last years.
Economy is growing up, no inflation...
And most people donīt know but brazilian bank system are considered one of most secure in the world.
Unfortunately here for us brazilian the taxs are too high.
But if you have a lot of money to invest wonīt be a problem.
[ ]s
|
if they have to offer 16%... there is a reason. that reason is that the financial market and private investors and would be depositors have little faith in Brazilian banks and there is an element of risk which requires them to pay higher interest. sure Brazil is changing. Russia was changing too when you could earn 100% or more on government bonds. it was changing right up to the point that they defaulted and everyone lost everything.
risk is relative to return. thats always true in finance and investing.