2006-10-01 05:08:44 · 13 answers · asked by dali 1 in Business & Finance ➔ Investing
90 day t-bills. Gov sells them every Monday. 5% and tax free from state and local taxes. They are as risk free as you can get.
2006-10-01 08:39:52 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Treasury 90 day notes currently yield 4.75% and the return is exempt from federal taxes.
CDs or money market accounts are good also, but watch out, the return from those is fully taxable. Once you factor in taxes, a CD or money market account with 5.5% yield may only give you a real return of 4% or even less (this depends on your tax bracket).
Treasurys are the absolute safest investment you can find. They can be bought direct from US treasury - see web site below; no middle-men, no commissions, no fees.
2006-10-01 08:41:50 · answer #2 · answered by Flush 2 · 0⤊ 0⤋
A CD (Certificate of Deposit) available at your bank can give you 3 months of investments on your money. Be aware that if you expect great return you have to take risk. A CD is pretty low return, but there is very little risk. That would probably be the best way to go.
2006-10-01 05:16:54 · answer #3 · answered by Athletic Trainer 3 · 1⤊ 0⤋
Visit your bank... they should be able to give you information on CDs.. they give anywhere from 2 to 5% return pa...
But if you open an ING account you get a return from a checking account... that may be the best deal ever...
Orange Savings Account – 4.40% Annual percentage yield (variable rate since 9/05/06).
Not sure where else you can beat this deal...
2006-10-01 05:20:03 · answer #4 · answered by Ninappan 1 · 0⤊ 0⤋
Invest in Luxemburg, you can invest your money for a minimum of 3 mths, and get a tax-free return. You can expect anything between 8-13%!
I did it as i was buying a house, had the money..so i invested and lived of the interest for a month!
Go to ABN-Amro Bank...
2006-10-01 05:24:44 · answer #5 · answered by Gary H 3 · 0⤊ 0⤋
attempt parking it right into a quick term CD or funds marketplace Account. Capital One supplies a MM account with a 5% APY. won't be nicely worth it for 3 months, yet once you shop your cash parked there, it is going to compound activity, and you may get right of entry to that funds at any time, only like a savings account...
2016-10-18 07:30:58 · answer #6 · answered by ? 4 · 0⤊ 0⤋
ING Direct Money Market
2006-10-01 05:13:46 · answer #7 · answered by Vegas 2 · 1⤊ 0⤋
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2006-10-01 14:25:14 · answer #8 · answered by stock_trade_expert 3 · 0⤊ 1⤋
Passbook savings account.
2006-10-01 05:11:50 · answer #9 · answered by Bostonian In MO 7 · 0⤊ 0⤋
Try a low yield CD.
2006-10-01 05:10:59 · answer #10 · answered by Anonymous · 0⤊ 0⤋