I am retired and all my savings are in mutual funds. I cannot afford to lose any money as happened a few years ago. Where should I put my retirement savings for a decent return with low risk?
2007-02-19 03:36:25 · 5 answers · asked by geowhitt42 2 in Business & Finance ➔ Investing
Tax free muni's. Government Bonds. Those are probably the lowest risk with decent returns.
2007-02-19 03:41:11 · answer #1 · answered by Faye H 6 · 2⤊ 0⤋
There are different types of funds in Mutual Funds..
Try some balanced Fund options..
Minimised risk with decent returns..
I think you are in a good shape.. you have invested in the right thing.. keep it up...!!!
2007-02-20 05:43:07 · answer #2 · answered by Jin 4 · 0⤊ 0⤋
How old are you, what is the age of death of your parents...That means what is you life expectation in years, It matters,,,,if you are going to live a long time you have to invest different than if you are in bad health and time is limited.
Anyway. Take a look at REAL ESTATE INVESTMENT TRUSTS
(R.E.I.T.) these trade on the stock market and return better than bonds or CD.s .. BUT MAKE SURE THE ONE YOU BUY INVESTS IN COMMERCIAL REAL ESTATE, like major shopping centers or office high rises.
this fund collects rents and pays out income to you, long term the value of buildings go up, rents go up and stock price reflects this.
In the US there are many types of mortgage backed securities that should be avoided because they contain a lot of questionable residential mortgages, that are packed in such away to hide the real risk.
Re-Read my CAPITAL letter advice
Talk to a broker, he knows about Reits
2007-02-19 12:16:07 · answer #3 · answered by bob shark 7 · 0⤊ 1⤋
I know a company currently offering 38.90% annually without risk.
Top 4 Answerer.
2007-02-19 14:46:22 · answer #4 · answered by Anonymous · 0⤊ 2⤋
commodity fund
balance fund
2007-02-19 12:21:11 · answer #5 · answered by dinu_pawar 5 · 0⤊ 2⤋