Safest place to put 200K ?

Question

yet highest return? CDs? Money Market? Bonds? Freezer?

Answer 1

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.

Answer 2

Check with your broker for CDs. You can buy CDs from banks other than your own. Check for the highest rate of interest and buy from U.S. FDIC insured banks, so your investment is secure. You will have to invest in 2 banks to insure 200K.

Answer 3

I second bg43214's sentiments. It depends on the intended use of the funds, liquidity, time horizon, etc. However, don't fall for the lie that you can't receive objective advice without a fee. Choose an independent advisor who can offer many options from any number of companies. Having more options available is what ensures objectivity. Unless you have a highly sophisticated financial situation, never pay for advice.

Answer 4

See a financial advisor; they will sit down with you, listen to your goals, and then recommend what is best.....I use Ameriprise; they don't sell anything, you just pay for their advice...Please do not try to do this on your own, with that much money at stake!!

Answer 5

I know a company currently offering 38.90% annually in USD or EUR without risk.

Top 3 Answerer.

Answer 6

da bank

Answer 7

t-bills. Nothing else even comes close.

http://wwws.publicdebt.treas.gov/AI/OFBills