I'm looking for something sound. Nothing risky. It's not a lot of money, really.
2007-09-13 15:34:52 · 9 answers · asked by Shon 3 in Business & Finance ➔ Personal Finance
If you are not looking for anything risky, a high yeild savings account is your best bet. ING and E*Trade both offer checking accounts that return nearly 5% per year. This way, your money is making more money, but you still have quick access to the cash if you need it.
2007-09-13 15:42:58 · answer #1 · answered by kins80 2 · 0⤊ 0⤋
The stock market has always been the way to make money at a better rate of return than with any other investment choice.
2007-09-13 16:19:37 · answer #2 · answered by annazzz1966 6 · 0⤊ 0⤋
Invest in Mutual Fund: You should know the meaning of mutual funds, before you choose to invest in mutual funds. These funds are a type of security that can be traded on the stock market, allowing shareholders to buy and sell shares in the funds. The revenue generated by purchase of shares is used by mutual fund manager to buy more shares of specific stocks, bonds, and other market securities and money market instruments.
2007-09-14 00:24:21 · answer #3 · answered by Anonymous · 0⤊ 0⤋
I know of an investment that can give a 80% return on your investment in less than 10 months. http://www.geocities.com/mikeerv/index.htm
2007-09-16 14:02:53 · answer #4 · answered by Anonymous · 0⤊ 0⤋
A house, if you don't have one. A rental property, if you are already a homeowner. Rental properties provide income and equity.
If you prefer something that doesn't require upkeep, then put it in a mutual fund.
2007-09-13 15:44:19 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Edward Jones, Merrill Lynch,...any of the broker companies like that...its safe, insured and FICA approved.
2007-09-13 15:42:34 · answer #6 · answered by kajun 5 · 0⤊ 0⤋
Buy a mutual funds that have high yield and low operating expenses.
2007-09-13 17:16:57 · answer #7 · answered by Goodhead 3 · 0⤊ 0⤋
Cash is king right now. Find a "high" savings account and park it there.
FNBO has a good rate now.
https://www.fnbodirect.com/01d/html/en/
2007-09-13 15:43:32 · answer #8 · answered by Shaun Dakin 2 · 0⤊ 0⤋
high interest savings account or real estate.
2007-09-13 15:44:40 · answer #9 · answered by whatchafink 2 · 0⤊ 0⤋