Interest rates in British banks are currently between 5% and 5.25% which means that if you put £100 into a new bank account, you would earn around £5 over a year leaving you with £105 or £105.25.
It’s nothing to write home about is it?
It certainly won’t help to pay for the increase costs of your gas and electricity.
After 365 days you are left with enough to buy a pot of tea for one and possibly a biscuit.
It really isn’t much help to anyone.
Let’s not forget that interest money is also taxable. It is given to you with one hand, and then taken away with the other.
As a society we are persuaded to keep our money in banks because they are deemed safe.
Even today after several major banks have collapsed causing all kinds of trouble for their customers, we are expected to keep our money in banks.
I recall hearing a trader when asked about the safety of money in trading platforms say that he was ‘more than happy to keep a large amount of money in them because they were as secure, if not more secure, than a bank’ and that he made far more money trading than he would if he left it in a bank to collect interest.
In comparison to the money he was making from trading, interest money is like a thin layer of dust, no real use and easy to wipe away.
I was reminded of this the other week when I was contacted by my friend John Banks who had developed a new way to use horse racing to double his money.
Starting with just £100, he doubled it to £200 in just 24 days.
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If he carries on at that rate, he could be sitting on a nice TAX FREE lump sum of £12,800 in under six months.
This is a far better return than the £5.25 he could have earned in interest if he had put the money into a bank.
He is using this system as a bank generating interest for him.
Making £100 tax free profit in just 24 days is far better than the £5.25 he would have made in interest after 365 days.
Over the course of one year there are 15 x 24 day periods so even if you were to do no more than make £100 per period, you would earn £2,400 tax free money off of that initial £100.
Which form of ‘interest’ would you prefer?
A taxable £5.25?
Or
Tax free £2,400?
Remember, this is the lowest earning scenario there is.
If you double £100 to £200 in just 24 days using this new system, there is absolutely no reason as to why you cannot double £200 to £400 in the following month and £400 to £800 the month after that and so on.
In 6 months you could easily see yourself with a nice £12,800 TAX FREE… but as we have established, anything over a £5 is decent.
To discover more, go to:
Easy As 1-2-3
Kind regards.
John Harrison.
P.S Taking just £100 starting capital and doubling every 24 days, you could be sitting on a profit of between £50,000 and £100,000 in under a year… and that’s without introducing a single penny more in capital.
Here’s that link again: