What's the best non-risky way to invest $70,000?

I'm not too keen on stocks, gambling, or any such potentially sketchy investments. Am just locking it up in a savings account with not enough interest right now. Maybe getting a mortgage on a condo in my hometown of Vancouver? Maybe renting our current house in Seoul to make $500/month? (The $70,000 is used in Korea as a one-time loan to the owner paid back after 1 year in lieu of monthly rent.) Any better ideas?

Hi Rob,

If you want absolutely risk-free investment, you can try UK Premium Bonds (similar products exist in New Zealand and United Arab Emirates)

It's similar to lottery, the difference is that you don't lose your money even if you don't win. However if you dont win for a long time, you are losing out on interest.

However the odds are in your favour if you are holding a significant amount of premium bonds.

It's quite fun and you can always take out the amount you put in when you wish to as well.

Alternatively you may as well think of buying more property by having a larger mortgage.....

Have fun investing..

there is no non-risky way of investing money, property is always a good bet or antiques/collectables that are likely to go up in value.

So cash is pretty riskless, except that you lose out to inflation. CDs are also pretty safe. Government bonds are close to riskless. They may or may not keep up with inflation. Muni bonds have limited risk. High grade corporates have a little more risk, but not too much. Then maybe blue chip defensive equities.

Real estate is NOT risk-free.

safest is to put in fixed deposits..

the rest u can invest in building up your own knowledge...

depends on your current financial situation also..whether u need liquidity...

or u can pay off any debts that u have..so that u have an easier life....

you can consult some of the blog postings below for advice on general wealth management...

Property is always a safe investment. I am a non risker myself. Remember the sicker the patient the higher the fever. Thats what a banker friend told me when I complained about how come the banks give such low interest and others give higher.

you need to invest in real-estate. buy from foreclosure lists to save money than rent. buy handyman specials fix and flip. or simply purchase land but real estate is the way to go you will not lose your money and it will grow and grow.