February 17, 2010

How to Get the Best Rates on Your Savings � Safely

Over the past year, one of the frequent questions I get is: “Where I can safely invest my money to get a decent return?” For example, Joseph wrote in November:Around February/March I should have $5,000 to invest. My debts are under control and my wife and I have lowered our monthly expenses. I was wondering if you had any advice on ways to invest $5,000? I don’t want a savings account because the interest rates are just sad, but I don’t know if a certificate of deposit or money market account is worth the effort.Or take this e-mail I got from MG just last week:How about addressing how to invest $5,000, $10,000, or $15,000 these days? With high-yield savings rates getting lower and lower and the stock market not doing so well either, what would you recommend?Note: Before I launch into the main point of this article, let me counter that last claim in MG’s [...]
Read More...

[Source: Get Rich Slowly]

No comments:

Post a Comment