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I need Investment Ideas? |
Hi, Find a mutual fund that will allow you the reinvest any interest earned. Several are out there that show some growth. However, some risk is involved the more growth equals more risk. Some banks also offer CD's that will allow you to reinvests any interest earned. uncertain market.treasurys..that is it for the next two years..... Because you say only two years, maybe a bond fund? Like Vanguard's short term (VBISX) Sorry, I cannot think of any investment that fits your description. With a time frame of 2 years, I would agree that you need something "safe". However, anything safe that I know of pays interest. Stocks can provide capital gains, but are not safe and not intended for investors with a 2 year time frame. I'd invest on Prosper to earn some interest since the market is horrible right now. Grill some pork chops, fry some chips in lard, slice a tomato and cucumber and have a good meal. Then face East and pray to Mohamed. He will give you some good ideas. I buy delinquent Real Estate Property Tax Liens. Two days ago, I earned $750 on a $4,171 tax bill that was not paid. I feel tax liens beat any stock market or stock deal since it all began. Tax Liens come before mortgages and when foreclosures happen I still get my money back plus interest. And if I should ever get a piece of property by redeeming on it, I will contact an "We buy Ugly Houses Outfit" and sell it to them. BTW the interest on that particular lien was 18% and it only took 50 days to collect. First, no sensible person "invests" for 2 years - it is far too short. There is no investment that can guanantee growth. You have to expect to possibly lose 10% or more even on a conservative investment. That leaves savings which all pay interest. Here are all my favorite stocks/ETFs right now: A 2 year CD would probably be your best bet. They are perfectly safe and earn a modest interest. |
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