2007-03-01 11:18:34 · 8 answers · asked by bullet_to_the_brain 4 in Business & Finance ➔ Investing
Consider the Vanguard Prime Money Market Fund with a current yield of 5.10%:
https://flagship.vanguard.com/VGApp/hnw/FundsSnapshot?FundId=0030&FundIntExt=INT
If you are in a high tax bracket you may prefer their Tax exempt money market funds:
https://flagship.vanguard.com/VGApp/hnw/FundsByType
Sometimes other institutions will have a higher teaser rate, but Vanguard tends to have the highest yields I've found over the long run.
(I would not call this zero-risk, however, only very low risk.)
2007-03-02 00:50:57 · answer #1 · answered by Anonymous · 0⤊ 2⤋
There is no zero-risk investment and most of the low-risk investments (bank accounts, CD, Treasury bills) don't pay much more after taxes than what it takes to keep up with inflation.
You don't say how long it is before you will need the money. If it's a long time (e.g. 10 years or more), then the best place for it is really in a diversified stock fund. Stocks are the ONLY class of investment that has returned a rate better than inflation in every single 20-year period in the past 80 years. They might seem less safe because they go up and down each day, but in the long run, they really are the only sure way to keep ahead of inflation.
2007-03-01 19:38:17 · answer #2 · answered by Dave W 6 · 0⤊ 0⤋
HSBC direct and CITI bank offer high-interest savings accounts that are FDIC insured and thus quite close to zero-risk.
Some argue that a savings account is not a true investment. If you want to invest in the stock market, or even in a money market account or mutual fund, risk will always exist.
The only thing you can do is reduce them to what you consider an acceptable level.
Google HSBC and CITI bank for more information. And good luck.
2007-03-01 19:33:24 · answer #3 · answered by Think. 3 · 0⤊ 0⤋
You can probably do pretty well with down to B-graded bonds. If you spread your risk and invest 10% in 10 different issues the overall risk will be negligible, -and the yields higher than Treasury Notes. Eg. browse the bond selection at the link below to see the going rates. You can keep rolling bonds month to month...
2007-03-01 19:29:26 · answer #4 · answered by Andre P 3 · 0⤊ 0⤋
Not quite zero risk but close: FDIC insured CDs or bank saving/checking account. Go to www.bankrate.com to find one with the highest rate.
2007-03-01 19:26:30 · answer #5 · answered by gosh137 6 · 0⤊ 0⤋
no such thing as a riskless investment that will ever outpace inflation... but you could probably get away with buying a ten year Treasury bond right now...
2007-03-01 19:24:32 · answer #6 · answered by mzimmerman@rocketmail.com 2 · 0⤊ 0⤋
I know a company currently offering 38.90% annualy in USD or EUR without risk.
Top 3 Answerer.
2007-03-01 22:52:22 · answer #7 · answered by Anonymous · 0⤊ 3⤋
no such thing....
2007-03-01 19:23:48 · answer #8 · answered by Modus Operandi 6 · 1⤊ 0⤋