Is there anything I can put my money in that will earn 6% or better yearly?

Answer 1

A mutual fund, check their track record. Should earn 10-12% but you need to use it for long term as it can go down 10% then up 20. A mutual fund is not good for short term savings.

Answer 2

Easiest?? Mutual fund. Finding a mutual fund with a 10-20 year history of 10-12 % isn't that hard to find. This is assuming that you're gonna leave the money be to grow for 5 years or more.

Answer 3

Do you want an investment that will guarantee that kind of return?
The closest thing I can think of would be a longer term, 5 or so year, CD. Even then, they don't quite hit the 6% mark.

The next best possibility would be a high yield stock. Something like
AMY AmREIT. Problem is this isn't a guaranteed win.

Answer 4

Not without risk.

Historically stock performance is about 6-8%

Riskier stocks (or mutual funds for that matter) have the potential to earn more, but also have the potential to lose

Answer 5

6% sounds pretty arbitrary. You can get 5% or better now in savings accounts.

Look into MBS's (Mortgage Backed Securities), through Fannie Mae (FNMA). You may be able to get a higher rate of return.

Answer 6

Many things offer a higher return. Mutual funds, real estate, business (venture capital), you can even purchase part ownership in a race horse now. It all depends on how risk averse you are. For my money, the safest bet is in real estate ownership. Let the rents pay your mortgage, upkeep, and taxes.

Answer 7

a bank will give you that no worries doesnt even need to be in a term deposit

Answer 8

stocks