Can anyone suggest a safe investment that would earn more than what I'm getting from a CD at my bank.?

My CD only earns 4.65% and after taxes it is dissapointing. I just don't want to loss any of my pricipal so I tend to stay out of the stock market. Where can I find the kind of investment that earns 8-10% interest and the principal is secure?

There is no such investment. The reason some investments (such as corporate or asset-backed bonds) pay 8-10% is because the principal is NOT secure; higher interest rate is a compensation for default risk you are assuming.

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The highest return "safe investment" that I know of is an HSBCdirect money market account, which is at 5.05%, but thtat rate will likely fall with the fed dropping rates. Your best bet to get a solid return and minimize risk would be a solid performing mutual fund.

I would call Charles Schwab. They will spend 20-30 minutes on the phone helping you out and never once ask if you are a client or not. They are great, I call them whenever I need advice.
I work with a company that says if you put your investment of $1200 into them for this magazine, they will guarantee $6,000 on your return in 12 month's. Or you could keep you 4% return if that sounds better to you. MyTravelAnswer.biz or .net explains the $6,000

Everybody want a safe investment that earns 8%, but no such investment currently exists. See this link:

http://www.dallasnews.com/sharedcontent/...

If you want a safe investment, consider the Vanguard Prime Money Market Fund with a current yield of 5.07%:
https://flagship.vanguard.com/VGApp/hnw/...
If you are in a high tax bracket you may prefer their tax exempt money market funds:
https://flagship.vanguard.com/VGApp/hnw/...
Sometimes other institutions will have a higher teaser rate, but Vanguard tends to have the highest yields I've found over the long run. (Vanguard money markets are not FDIC insured, however.)

Article on teaser rates:
http://www.marketwatch.com/news/story/ba...

ING and HSBC often have rates close to Vanguard, and most of their products are FDIC insured. Bankrate.com provides links to CD's with high interest rates. You can check these at the following links:
http://home.ingdirect.com/
http://www.us.hsbc.com/1/2/3/personal/sa...
http://www.bankrate.com/

If you want a higher return, you are going to have to accept some risk.

Unfortunately, you can not find a principle guaranteed investment in the current market environment that gives you 8-10%. (Why am I so confident? Just look at the prim rate)

Risk and reward is two side of the same coin, and you simply can not have one with out the other. Just to put things in perspective, the long run stock market return in US large Cap (S&P500) is about 11%, but it has 20% volatility. If everyone is risking 20% volatility to get 11%, how can anyone risk nothing and expect to get 10%?

If you want principle guaranteed investments, then look at Series-I treasury bonds. They have their limitations, but are likely to outperform CD's in the long run due to a better interest rate structure and favorable tax treatment. It is especially attractive in an environment where inflation is a concern.

Take a look at mutual funds... If you are trying to minimize risk, look at a GNMA mutual fund, they typically outperform CD's, and have more liquidity.

I know a company currently offering 10%

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