Where, in your experience, would you say is the safest place to invest or save money with a decent rate of return?

[jeremy_09]

You just want some money to sit and grow for awhile without a huge amount of risk.

[BTigers96]

That's a very broad stated question, but I'll take a stab at it.

Assuming you're not a multimillionaire / billionaire and don't have the time/resources to buy a bunch of land, or real estate due to the expense, taxes, etc...

The new annuities are a safe harbor as a retirement tool. They are often, and can be embedded into Life Insurance policies by the way. Buy-in might be around minimum of 10k to open the annuity account. You're guaranteed a minimum rate of return of somewhere around 2.5 to 3%, and a high of 5 to 7+%. Your entitled to add as much, or little $$$ to the account whenever you want.

That's guaranteed growth.

[docster]

I like bank CD's when the rate is over 5%. Right now a 7 month CD is 5.25% with a $500 minimum at my bank. It's federally insured up to at least $100k (possibly $250k).

[jeremy_09]

Thank you, that's what I was thinking, I wanted to see if others agreed. And I'll look at things the annuities guy said. Is 5% around as good as I'll get in safe investments right now?

[docster]

A trusted financial advisor could tell you a lot more. They have "products" that are very low risk that could probably beat the CD's on return.

[CaptainSmartass]

The legal system sounds good. I'm currently looking into it here, and in the States.

Simples...

[jeremy_09]

What is the legal system?

[Retsam]

Crypto BUT do your research before. Dont jump in head first

[jeremy_09]

That sounds like high risk and high work. I want something where I can put it tomorrow and pick up some growth a year from now.

[Retsam]

there's great saving account that exist. search for that :)

[Anonymous]

Land, gold or any business venture you can run yourself

[exitseven]

right now I would say real estate.

[jeremy_09]

Thank you, I'm waiting for it to crash, I don't want to buy at the top. I don't know what to do with the house I have right now because it's worth way more than I paid for it but if I sell, where do I live?