And what percent return would you gain?
2006-11-10 07:40:59 · 4 answers · asked by Theandysullivan 3 in Business & Finance ➔ Investing
CD (Certificate of Deposit), but it ties up your money. You can get 5% annually
2006-11-10 07:43:35 · answer #1 · answered by jim 6 · 1⤊ 0⤋
SAFEST way to invest your money, buy a CD or US bonds. That's the safest way to invest. If you want a little risk put it into the stockmarket you get higher returns or loose your money.
2006-11-10 07:45:01 · answer #2 · answered by Anonymous · 0⤊ 1⤋
You can buy US Savings Bonds because it is risk free in that you will DEFINITLY get your money back. The only problem is that the retun is pretty low and depending if you get 5 year, 10 year or 20 year bonds your money is locked away for a good amount of time. If you are interested you should ask your bank.....because you can pretty much get savings bonds from any bank.
2006-11-10 07:43:59 · answer #3 · answered by BriGuy 3 · 0⤊ 1⤋
You can open an account with Paypal. It currently pays 5.03% on the balance in your account. This is much better than any savings account. It's also better than a CD because you can access it, if needed, with your Paypal debit card.
Click here for more info:
https://www.paypal.com/
2006-11-10 09:16:46 · answer #4 · answered by Andrew S 1 · 0⤊ 0⤋