2007-07-15 06:18:11 · 12 answers · asked by Matt S 1 in Business & Finance ➔ Personal Finance
If you do not want to tie it up, a money market account. If you want ultra safe investments but can live without it a while, you might buy CDs, governemnt bonds, or even invest in a bond fund.
For CDs, I would create a CD ladder. Buy a one-year CD with 25% of the money, then in 3 months, buy another one-year CD with 25%, etc. Every three months, 1/4 of your money will be maturing and you can take it out, or roll it over into another CD for another year.
A money market is probably your best bet though, and you should be able to get aroun 5%.
2007-07-15 06:26:33 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Probably the least risk would be in a bank which will give you a couple percent. You can get it out whenever you want. If you want a little more interest, then buy CD's. You could probably earn 5 or 6% but your money is tied up for around 18 monthes. I would invest in real estate. You can get your money in and out in a matter of hours if you know what you are doing.
2007-07-15 13:28:20 · answer #2 · answered by Buddy 4 · 0⤊ 1⤋
No such thing as "risk free". ING Direct on savings plans pays ~5%. Bonds; you would be locked in for a preset time frame. With 30K, you may want to spend a bit (~$250-500) on a pro.
Good luck.
2007-07-15 13:27:19 · answer #3 · answered by vinny D 1 · 0⤊ 0⤋
Vanguard Prime money market fund paying over 5%. You don't get FDIC insurance but the odds of a failure at one of the largest mutual fund families in the world is near NIL.
You could of course go to a bank and get FDIC covered savings if you are super conservative. Expect to get less yield however.
2007-07-15 13:23:43 · answer #4 · answered by trade_info 5 · 0⤊ 1⤋
There are online savings accounts paying very good rates and they're FDIC insured.
All you need is an online checking account that you link to the savings account.
Money can be transfered to and from in about 3 days.
here are some good ones...
https://www.fnbodirect.com/01d/html/en/ currently paying 6.00%APY
http://www.hsbcdirect.com/1/2/1/offer?code=PPGA500000 currently paying 5.05%APY
https://www.emigrantdirect.com/EmigrantDirectWeb/index.jsp currently paying 5.05%APY
2007-07-15 13:29:24 · answer #5 · answered by mister_galager 5 · 1⤊ 0⤋
Try stocks and safe stocks like blue chip companys.Try these cining stocks PCU and FCX
they trade in NYSE trust me FCX will reach 100$ and PCU broke the 100$ barrier and going.............
at least check it on weekly basis then invest ...i know about this stock because i have tracked its movement for more than a
year
2007-07-15 13:50:20 · answer #6 · answered by Deep eyes 3 · 0⤊ 1⤋
easily accessible with not tax ramifications is a Savings account
good luck
2007-07-15 13:23:41 · answer #7 · answered by Blue October 6 · 0⤊ 1⤋
invest in Pepsico and you'll make even MORE money. Pepsico is a very stable stock. Invest maybe a 3rd of what u got
2007-07-15 13:27:54 · answer #8 · answered by Anonymous · 0⤊ 2⤋
shoe boxes under the bed
2007-07-15 13:22:46 · answer #9 · answered by Window 4 · 0⤊ 1⤋
right here in my hot little hands
mwa ha ha ha ha
sorry couldn't help myself
2007-07-15 13:33:44 · answer #10 · answered by ivy_trick_mess 4 · 0⤊ 0⤋