What is the best risk-free way to make the most money. It could be like mutual funds or savings accounts or anything. Thanks!
2007-09-29 06:59:57 · 9 answers · asked by Anonymous in Business & Finance ➔ Investing
No risk - Little reward
Small Risk - Higher Reward
Some Risk - Even Higher Reward
Lots of Risk - ......OK you get the idea.
Savings account (FDIC Insured) or US Treasury Bills are the least risky was to invest money. Over time the value of the buying power of the dollar will decline (inflation) in these types of savings instruments. You will have more money (after taxes) but you Will be buying less "things" with more money.
People favor stocks (and other things) because they beat inflation and the effect of taxation, over long periods of time. They will fluctuate in price. Sometimes allot.
Read some good books. Yahoo Answers can' give you the detail you need.... enjoy and good luck!
2007-09-29 08:16:59 · answer #1 · answered by Common Sense 7 · 0⤊ 0⤋
There is no "risk free" way, but if you are looking for the lowest possible risk way to make money, you can try my new startup company:
http://www.wordhugger.com
We include a money back guarantee, so the most you risk losing is nothing, but you have the potential to gain thousands of dollars!
2007-09-29 15:48:32 · answer #2 · answered by Collin L 2 · 0⤊ 0⤋
If you want "risk free" look in to Government bonds at 4.5%. If you're willing to add risk you add some risk look in to mutual funds and the stock market for stable stocks with dividends. It's all risk vs return.
2007-09-29 07:14:50 · answer #3 · answered by eg_jim 2 · 0⤊ 0⤋
5.05 % is what you can earn with an online savings account at www.fnbodirect.com
I heard 5.70 % can be earned on a 5 month CD, but the minimum investment is $ 5,000 at "IndyMac Bank" Someone saw this on www.bankrate.com
2007-09-29 13:28:06 · answer #4 · answered by JustPeachy !!! 5 · 0⤊ 0⤋
20% Money Market Account.
2007-09-29 09:53:27 · answer #5 · answered by Anonymous · 0⤊ 1⤋
I have some experience in stock, commodity, my preferrence is Real Estate Investment, but you need to learn and be knowledgeable about it and reccommendation not to affraid to get your hand dirty either.
Good Luck
2007-09-29 07:22:49 · answer #6 · answered by L L 3 · 0⤊ 0⤋
Buy tax certificates. You are guaranteed your money back plus interest.
2007-09-29 09:37:42 · answer #7 · answered by J. P. 7 · 0⤊ 0⤋
CDs
2007-09-29 07:42:16 · answer #8 · answered by npwinder 3 · 0⤊ 0⤋
in your mattress
2007-09-29 07:36:37 · answer #9 · answered by JOHN 7 · 0⤊ 0⤋