How can I invest 10,000 safely and keep it growing.?

Question

It is in a cd, which earns 2.71%, not a lot...should I keep it there? Where should I go for professional advice? Thanks!

Answer 1

when you can get it out of that cd

invest in GOLD and SILVER

Answer 2

look for a forclosed home in your area or near you that you can rent out. You can use the 10,000 as a down payment. make sure you do your homework first before purchasing anything (go to the library and read the books by robert kiyosaki) he has a ton of books that could be of assistance

good luck

ryan

Answer 3

safety and growing are not usually compatible. for great return there must be great risk. what you strive for is managed risk.invest in companies with long track records products you use everyday.then when you do invest don't watch the markets go up and down,stay for the long haul,say come h**l or high water i invest this amount here for so many years and diversify,phone companies oil companies ,software companies and hope for the best,and i am assuming you pick  good companies like i said before,don't speculate thats for others...........tom

Answer 4

You can earn 2.75 in a liquid savings account with emigrant or ING.

Answer 5

Well, you need to ask yourself some questions, like what type of investor am I, how willing am I to take risks, etc.

To me, CD is safe! no risks involved, stocks have a high return, but accompanies a great deal of risks.

Money market, to buy some gilts, govn't bonds (T Bill) are good choice too.

Good Luck with your investment...

Answer 6

We have an established and growing company and pay 10% per month on any investment in our company.

Our maximum investment is only $1,000.00 though, but there are a lot of other companies that you can do the same thing with, thus spreading your money out and possibly owning shares once they are listed as corporations on the stock exchange!

We will soon become a corporation and next year, we will be listed on the stock exchange.

Once that happens, it will be too late to invest directly and there will be no guarantees as to how much you can make with us.

Answer 7

If you are looking for safety, you are limited to CD's, high rated corporate bonds, and government bonds, and FDIC insured savings accounts.  With $10,000 you can get a higher yield in a money market account or even an Internet savings account.  Washington Mutual currently has an on-line savings account offering a 3.25% interest rate.  

You may want to consider speaking with a financial planner.  Your risk tolerance, investment horizon, age, and current financial status are just  a few of the many questions that really should be answered before you make a decision.

Answer 8

US treasury bills are good option!!