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What is the best place to put my money so it can make the highest percentage rate? |
Is there any places -OR- investments where I can put my money that pay higher than the 5.4% of a CD account that is no-risk or low-risk? Probably not. You could try buying the delinquent taxes in your area. If there were, everyone would do it. It's almost too good to be true. CDs are safest. Money Markets can get that high and you can access the money more frequently than CDs. Sector funds (mutual funds) can yield high pcts but they are risky, because you might make 35% in a year or you might make 0 or lower... Give all your money to me, I'll take real good care of it :) I have been investing with this company on line. Very small amounts but it still works. In 15 days I more than doubled my money. I took half out and compounded the rest. Watch CNBC's Mad Money weekdays at 6pmEST and buy Jim Cramer's latest two books. With inflation + taxes + medical costs you need the great returns the stock market can provide as long as you approach it the right way. Check out Cramer's #1 pick for last year ATI......Happy Investing! my husband and I invest in private notes, in other words, we become the bank for private individuals that can't get conventional loans, for example, to buy mobile homes. depending on the risk level, we look for 12-18% returns on most investments. we look for seasoned notes (notes that have had payments made on it for at least a year with no delinquencies), and only those where we hold the 1st position to the security and that there is sufficient equity left so that if they should default, we can at least foreclose and get the property to recover the money. I also looke for short term loans no more than 5 years. it's been pretty cool for us. Short term - CD's are the place to invest. But if you don't need the money for 10 years or longer, then invest in a US stock index mutual fund, US bond index fund and finally a international stock index fund. A 50%, 30%, 20% investment mix will have a high probability of yielding a higher return. I like using Vanguard since their fee structure is quite low. |
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