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Whats the best and safest way to invest youre money? |
Whats the best and safest way to invest youre money? The safest is to buy certificates of deposit, each under $100,000 at a FDIC banks. Your money is federally guaranteed. Buy yourself an education. It can never be taken away. You might want to see what the best investors are buying at http://www.top10traders.com - this is a free site that lets you create a portfolio of stocks with $100,000 in "play" money. Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors. You can read posts on investing from the best traders, as well as share your own investing ideas. There is a charting feature, so you can see how your portfolio performs compared to the S&P 500. Also, you can create your own "group" so that you can see how you are doing compared to your friends. John T has it right in addition to brick banks (ones you see) online banks offer the same protection and a helluva lot better savings rates. The best way is a Hedge Fund (If you have at least $10,000,000.00 USD) and the safest way is a bank (6%-25% Annually depending on the country) take a look at www.wwipg.com |
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Today all the banks are offering returns over 9% but this is of course taxable. Try Mutual funds which will definitely give you more than 15% return after 2 years assuming the market remains as it... Open a brokerage account and invest in ETFs. ...HSBCdirect.com and EmigrantDirect.com are paying 4.25% and 4.55% APY for an online savings account. They are safe. Just be sure you are FDIC insured up to $100K per account. Joint accounts are i... That depends so much on how old you are and if you have any other money on hand for emergencies etc. Maybe you could give more of those details. OK, now we have your age and amount: You will... What do you mean by good returns? Drop me a line. ...This is very hard to do. Go to the library and check out everything you can find on this subject. Good luck. ...I think your dad is giving you good advice. That is a pretty low interest rate on your loans and if you put money into an IRA your annualized returns over the next 20 years should be well above 3.... do you have 6 months fall back money put away in case you get fired or laid off. if not take care ot that first -- then i would if you do not have Cd's buy some -- ladder them so they come du... |
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