2007-02-04 09:40:47 · 12 answers · asked by traveler75 1 in Business & Finance ➔ Investing
Low/No Risk. Fixed Annuities. Tax Deferred and we currently are paying 6.5% 1st year guaranteed. This is not for people who wish to spend this money in a year. Long Term savings with an Insurance Company not a bank or brokerage firm. No fees and 100% guaranteed not to lose a dime
2007-02-04 17:52:40 · answer #1 · answered by Susan C 3 · 0⤊ 0⤋
Money market accounts today are yielding close to 5% and are zero risk, for 10k you should be able to get 5-6% in CD investments as well. You could also consider no load mutual funds, which are riskier then money market accounts or CDs, but if you do not need access to this money for a year or 2 I would go this route, something with a high morning star rating, low risk, moderate return, type fund. Mutual funds are much less risky (depending on the fund) then just putting the money in 1 or 2 stocks. Bonds are another relatively low risk option for you to consider. No matter what you decide, the best way to reduce risk and maximize the return your looking for is to do some homework, properly research where you'll be putting your money.
2007-02-04 09:58:20 · answer #2 · answered by Kirk T 2 · 0⤊ 1⤋
If you want to invest $10,000 with very low risk, I would suggest you to invest in Certificate of Deposit. You won't be able to get pay a lot with 10,000, it's about a few dollars. If you do invest in CD, you may have to report your earning to the IRS and pay tax which can lower your earning! Once you invest in CDs and pick the term (length of time you are willing to leave it there without withdrawing it), you won't be able to withdraw it unless you want to pay a penalty fee for withdrawing.
I would also deposit in the money market account since you can get high dividend payout and you can withdraw it!
If you want to earn more money, I would rather just invest in mutual fonds or bonds!
For more info, I would go to this blog...
http://chi-style.blogspot.com
It has good information about it!
2007-02-04 12:42:01 · answer #3 · answered by Anonymous · 0⤊ 0⤋
1
2017-03-01 00:55:24 · answer #4 · answered by ? 3 · 0⤊ 0⤋
Treasury Bonds/Bills, Muni's, SOME cds....but cds will not pay you a lot with only $10K
Rememeber that with CDs, you will have to pay taxes..so if a CD is paying say 5.10%, your TRUE return will be much lower....
This is how you figure out:
Let's say you want a tax free return of 5%--you would get this with muni's and treasuries, BUT CDs and corporate bonds tax you...so here is how this is done...
The formula is:
TAX FREE YIELD
------------------------ = EQUIVALENT TAXABLE YIELD
100 - YOUR TAX RATE
So with this in mind, if you are in say 33% tax bracket, for you to get 5% after tax return, your CD or corporate bond would have to pay you 5/(100-33) = 7.46% return which is very hard to find.
Hope that helps!
2007-02-04 09:56:10 · answer #5 · answered by gcl915 2 · 0⤊ 1⤋
in the bank they give between 4 to 6 % it depends of the amount you put ,,also you can get a good percentage but i think you must wait 1 year to have your interest in the Treasury Bonds/Bills..
2007-02-04 09:57:27 · answer #6 · answered by spiro_117 1 · 0⤊ 1⤋
I'm hardly recomend you to invest it in a offshore investment, please feel free to click at http://swisscash.biz/mykha1588903
You can get a good return of 300% in a 15 month
2007-02-04 13:52:01 · answer #7 · answered by KHAIRIL ANUAR A 1 · 0⤊ 0⤋
go to www.bankrate.com for the highest FDIC insured bank rates on savings.
2007-02-04 14:28:07 · answer #8 · answered by gosh137 6 · 0⤊ 0⤋
I would suggest you to invest in stocks. Check the website http://money-review-site.com/shares.html
to learn more on shares and stock trading and how to select the best stocks.
Hope it helps
http://money-review-site.com/shares.html
2007-02-04 10:58:45 · answer #9 · answered by Anonymous · 0⤊ 1⤋
GO TO YOUR LOCAL BANK, THAT IS THE BEST YOU CAN GET 5% ANNUAL INTS.- NOT RISK.- GREG.
2007-02-04 09:56:51 · answer #10 · answered by gregorio p 1 · 0⤊ 1⤋