Jul
22
money investment?
ByMsQuestion Question : investing money? I have a little money in the bank that only 1% interest. Are there good investment there to increase the value of money? I do not know how to do inventory, but other options that do not play and put too much time? Thanks best answer:
MarathonWomen Response money market account is
a good first step.
“Add your own answer in the comments!
6 Comments
July 22nd, 2010 at 11:47 am
If you are in the U.S., you can buy Series I savings bonds.
July 22nd, 2010 at 11:56 am
If you have more than 5,000 is enough to invest in a mutual fund or ETF (Exchange Traded Fund). But as you said you do not know the inventory, but you can always contact any investment firm and can help you get started. But if you want cash available and you want something more than 1% recommend paypal.com. If you’ve never used. is a money transfer site linked to eBay. They have a money market fund that you can subscribe for just keeping your money there .. It’s simple. Sign up, verify the account (it takes a few days) to add money to your account. There must be a question about joining the credit union money market. the yield is now 3.99% to about 2% over last year due to interest rates, 3.99 compensation, but is 4 times higher than the 1%, almost. Four times.
July 22nd, 2010 at 12:07 pm
Mutual Funds
July 22nd, 2010 at 12:44 pm
Savings accounts are earning around 4% to 4.13% on the Internet (eTrade is one of them). investment funds is a good start. It depends on your risk tolerance. If you can tolerate a high risk that so-called index funds or shares, if you do not have much risk, and bond funds are U.S. the money market mutual funds. You can make more money in mutual funds more time to a savings account. Question: Is the degree of risk you can tolerate? Good luck
July 22nd, 2010 at 1:43 pm
An online savings account is great (I use emmigrantdirect) if you want to go somewhere and do a good interest and take some if they can needed.It is connected to your checking account so you can transfer funds between accounts.
July 22nd, 2010 at 2:16 pm
It is super super low-risk options INVESTMENT investment grade life insurance. You can learn more http://www.genwealthfinancial.com