2007-05-11 03:41:32 · 6 answers · asked by huggies8 1 in Business & Finance ➔ Investing
Safely means different things to different people as does a large annual return. The important thing is to make sure you are getting the appropriate return for the risk you are taking. It makes no sense to take on extra risk and not get the return. The best way to do that is to sit down with a financial advisor and come up with an individual strategy for your own situation. With $200K you want to make sure you do it right so I would recommend paying a professional to help make sure you do it right the first time. There are so many different investment options and products out there that may or may not be appropriate based on time frime, investment goals, and risk tolerance. You need someone to help you sift through all that stuff. If you want to try to go it alone I would recomment a well diversified portfolio of mutual funds. You can either go with index funds or actively managed funds that try to pick stocks and beat the market. You should include stocks, bonds, international, and probably commodities in different proportions based upon the above mentioned circumstances. Again I can stress enough that with $200K I would make sure and get some help from somewhere besides yahoo answers. Hire a professional....you will be glad you did.
2007-05-11 05:04:14 · answer #1 · answered by Matthew S 2 · 0⤊ 0⤋
I recommend the company Waddell and Reed, they are a little smaller than the "big" firms out there but they have been so good to me. 1. They will do a risk analysis on you to determine what types of investments would work for you. 2. They will help you determine your overall goals...if early retirement is your goal they can deterimine the risk to safely get you to that point.
I recommend a mutual fund...Waddell and Reed have some that have historically out perferformed the market (they earn even when the market has been down).
Also, companies like Merrill Lynch have a system they use, it is very simple...when you are younger you take more risk than when you are older. For example, a 25 year old would have 25% of thier investement in a low risk investment and 75% in a high risk investment. They would revisit thier investments every year to change it up...at 27 they would 27% in a low risk and 73% in a high risk and so on and so forth.
2007-05-11 10:57:42 · answer #2 · answered by cbgrace71 3 · 0⤊ 0⤋
Well what I would do is go to www.safemoneyplaces.com because what you said was "safely" and all the other answers I have read so far have risk of losing your money. Stocks and bonds all have risk of loosing money and if you go to any of the companies that I have seen listed that is what they will put you in. I would suggest looking at a Fixed Index Annuity I keeps your money safe and grows with the stock market with out the risk of loss. Keep it safe. Mike
2007-05-11 11:21:59 · answer #3 · answered by Michael B 1 · 0⤊ 0⤋
Visit with an Edward Jones stockbroker and put it into state issued, tripple A rated & insured municipal bonds. They pay interest greater than a money market and said interest is tax exempt both state and federal.
2007-05-11 10:46:59 · answer #4 · answered by acmeraven 7 · 0⤊ 0⤋
Safety means that you'll be in a T-bill or savings account. You can get 5.25% on a 9 month CD at INGDirect.com. Also you can get 5.05% on a savings account at EmigrantDirect.com
2007-05-11 11:41:42 · answer #5 · answered by Kris Z 4 · 0⤊ 0⤋
Take a look at EGLRX and FRESX.
2007-05-11 11:04:19 · answer #6 · answered by Six2eyesblue 1 · 0⤊ 0⤋