16 of the Best Safe Investments With High Returns
Are you looking for ways to have an additional income stream aside from your day job?
Why not try investing your money? If you are hesitant because of the risk, there are safe investments with high returns for you to try. For investors to get the highest returns possible, investors need to take risks. That is challenging for inexperienced investors. To help and guide you in making the right choice, here are the best safe investments with high returns.
1. High Yield Savings Accounts
One of the investment options with the lowest risk is a high yield savings account. High yield savings accounts are great if you’re saving up for something big or if you’re temporarily storing the cash you earned with your high-income skills.While a savings account isn’t necessarily an investment, you can earn a modest interest rate without risking your money.
2. Certificates Of Deposits
Certificate of Deposits (CD) are closely related to the savings accounts but have higher interests. The FDIC also insures Cds. That means they are practically risk-free. Their advantage is that they are usually very liquid.
3. US Savings Bonds
US savings bonds have one of the lowest investment risks. The US treasury issues the securities to fund the government’s operations. Saving bonds have a fixed rate of interest. They can be divided as follows: 1. Series EE Bonds. 2. Series 1 Bonds. 3. Government Bonds.
4. Money Market Accounts
Money market accounts are closely related to savings accounts and CDs. They often have a better rate than the savings accounts but have more liquidity than CDs. You might be allowed to write checks or use debit cards with the accounts, providing greater flexibility.
5. Municipal Bonds
Municipal bonds are loans issued to local governments by investors. These are usually a good option for better returns with slightly higher risks than savings accounts, CDs, or saving bonds.
6. Money Market Funds
Money market funds are a kind of mutual fund investing in short-term debt instruments, cash, and cash equivalents. Money market funds or money market mutual funds offer a low level of risk with pay-out in the form of dividends.
Swipe Up to Learn More about Best Safe Investments With High Returns
For More Posts Like This Visit
Money Saved Is Money Earned!