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Do you know of any relatively good s-t investments? |
i'm not familiar with short-term investments, but i would like to learn where there might be some good low risk investments, i don't have a lot of money, so are there any good investments that you know don't require lots of money and have a potential for a good return? Sure do. They are called t-bills. Pay about 5% interest which is free from local and state taxes. There is a minimum investment of a little less than $1000. The U S government sells them directly over the internet. Come in 3 month and 6 month varierties. Even shorter terms occasionally. Do a search for T-Bills. To continue what italian girl stated, t-bills are probably your best bet for all the reasons she stated. You can purchase them in 4, 13, 26 or 52 week intervals. If you go through treasurydirect.gov there are no commissions as you are dealing straight with the government. The money will be taken from your account (bank, brokerage) and is replaced with the interest once the t-bills term is up. Good luck! |
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