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Whats a good place to invest money safely? |
Whats a good place to invest money safely? Invest safely? The reason it is called invest is because there is some risk involved. I do however believe in investing wisely. I personally believe that, although stock are a well known investment, they are not the wisest. Do you remember a few weeks ago when the stock market crashed? I know people that are still trying to recover from that. I am currently helping some of those people recover from their losses in stocks with the forex market. I personally like the forex market because it enables me to earn profits three ways off one investment. I can leverage 400:1 on my money and earn daily interest on that leveraged amount. Also, like stocks, buy low and sell high, and when the market moves in my favor. The best platform I have found is the GFT platform using the FreedomRocks system. This can be found at http://www.yourforexinvestor.com . buy some stocks. they were really hot a few weeks ago The only safe place is in a jar in your backyard (If you have a good memory) if not I would diversify, take advantage of the entire spectrum of options--saving---COD--401-k(if company sponsored)---money market(shotgun effect)---stocks(if you have a tip coming in ) Depends, what is your time horizon? And what do you mean by safe? A guarantee not to lose money? 80% odds of not losing money? The place is the market, but the time is NOT now. SCOTTRADE 100 % If you want real safety, then the types of investments you are looking for are CDs, Treasury Bonds, Municipal Bonds, and Investment grade Corporate Bonds. These investments aren't as glamorous as the stock market, but they involve little or no risk. Right now, you can get a little over 5% on a CD, about 4.5% on a Treasury bond, and it's a guaranteed return on your investment. All the answers I saw before involve enough risk that I wouldn't call them investing your money 'safely'. |
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