Peter Newmann Investment Club Offers $50 Bonus for New High-Yield Savings Accounts of $1,000 or More

BEAR, Del., March 31 /PRNewswire/ -- With the economy beginning its recovery, Peter Newmann Investment Club (http://www.pniclub.com/investments.php) is encouraging investors to start rebuilding their nest eggs by offering a $50 bonus for new savings accounts with deposits of more than $1,000.

Although the bonus program ends April 30, investors will still benefit from the saving accounts' interest rate of more than 2.5 percent. "If individuals plan to save regularly, but also want the potential of higher returns than they might obtain with an ordinary bank or building society account, then they should definitely consider a PN Savings Account," said David Wood, vice president of PN Investment Group. "And you don't have to have $1,000 to invest." The minimum balance for opening a PN savings account is $500.

For 2010, the organization's savings account interest rates reached 2.78 percent and 2.60 percent for January and February, respectively, and was even higher at 3.04 percent in December 2009. Investors can visit the Web site to find more information on past performance as well as savings comparisons with bond funds and the S&P 500. The savings account plan invests funds in world stock markets, and investors can lower their risk by spreading their investment across a range of asset classes that have varying levels of capital security and growth potential. Interest is paid to out at the end of each month.

The Peter Newmann Investment Club also offers managed Forex accounts (http://www.pniclub.com/forex.php), an investment program that consists of buying and selling major currencies. The Forex accounts have earned interest rates of 4.59 percent and 4.71 percent for the past two months.

About Peter Newmann Investment Group

PN Investments Group was established in the mid-1990s to provide discretionary investment management services for high net worth individuals who are enthusiastic about investing in private companies with high potential. The investment aspect of the business has grown substantially since that time. Today, Peter Newmann Investment Group provides investment management, mutual fund opportunities, and financial planning services for individuals, families, corporations, and government agencies.

Each client receives a customized Investment Policy Statement based on personal investment needs and goals. Our Investment Policy Statement takes into consideration a client's income and liquidity requirements, capital preservation needs, investment time horizon, and return requirements. We use a state-of-the-art investment process based on a downside-risk model. The Investment Policy Statement becomes a financial roadmap to guide the client toward achievement of long-term goals. To ensure that our clients' portfolios attain target returns without assuming excess risk, all portfolios are rebalanced automatically to maintain an effective asset mix. Client reports are simple to understand and contain useful information such as capital invested, market value, account activity, fees paid, and rate of return. Peter Newmann Investment Group clients enjoy personalized service through a private client manager and informative newsletters.

    
    
    Contact:
    
    David Wood
    Peter Newmann Investment Group
    Bear, Delaware
    1-877-778-6983 ext. 104
    [email protected]

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SOURCE Peter Newmann Investment Group