so is their anyplace like a cd account where you can invest large sums of money that can guarantee your minimum principal investment but also have a higher interest than most cd accounts.
2006-10-24 17:33:16 · 5 answers · asked by Anonymous in Business & Finance ➔ Investing
putnam money market. daily accrual rate, essentially no risk, no early withdrawl penalty. yield over 5%
2006-10-27 03:18:28 · answer #1 · answered by 12 November 3 · 0⤊ 0⤋
Look at money markets. Sharebuilder's cash account is actually a money market account that right now offeres 4.4% interest. Some places might offer better rates. Also look at I-bonds and TIPS which both go up in rates when the core inflation rises.
2006-10-24 19:34:23 · answer #2 · answered by gregory_dittman 7 · 0⤊ 0⤋
Treasury bills from govt & like. As you lose purchasing power in cds they are all bad but not paying state tax might help. 4% Cd (or whatever rate) - 25% tax = 3%. Inflation higher so rather than being "safe" & "making Money" you lose. Reits; utility stocks & the like better.
2006-10-25 02:28:11 · answer #3 · answered by vegas_iwish 5 · 0⤊ 0⤋
how high of a return? it's easy to acquire 6-9% in interest by purchasing bonds. but, they are not guaranteed. but but, the chances of default are also very unlikely. to be on the safe side, diversify the bonds.
if your looking at double digits in interest, sorry, im out of sources. but if you do find out, let me know!! :D
2006-10-24 18:11:44 · answer #4 · answered by Kirill M 2 · 0⤊ 0⤋
my wallet
2006-10-24 17:38:10 · answer #5 · answered by Anonymous · 0⤊ 0⤋