Investers (financial money market etc..)

Definately off-topic.. But any info i can get will help me in the future when it comes to my herps.. Does anyone one here know which financial investments (risk free) are actually making money this year? Profit, high returns, or at least 5% interest? Over, say, a 2 to 5 year amount of time?

Im talking about a fairly large amount of money invested as well. Anywhere between 5g and 25g.

Depends on your definition of safe. The best safe investment that will give returns are mutual funds that specialize in municipal bonds. They are right now paying between 3.5 and 4%. That doesn't sound like much but it is tax free. No federal taxes are charged. That means if you are in the 28% tax bracket it is the equivalent before tax earning of +- 5%. Vanguard has the best one with the lowest maintainance fees.

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Originally Posted by tonkatoyman

Depends on your definition of safe. The best safe investment that will give returns are mutual funds that specialize in municipal bonds. They are right now paying between 3.5 and 4%. That doesn't sound like much but it is tax free. No federal taxes are charged. That means if you are in the 28% tax bracket it is the equivalent before tax earning of +- 5%. Vanguard has the best one with the lowest maintainance fees.

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Thanks! I'll definately look into that one. I need something "safe" to put some money into where i'll see a good return when i can take it out. By safe i mean its not going to lose any money and i'll at least come out on top in the end. The amount i put in depends on the term/s & minimums required. Fees as well. If i could get 30g to make at least 5% in a short amount of time id be good. Someone else also mentioned tradional IRA's? I know nothing about these things yet but i need to learn. By the way, you're on my myspace friends list :taz:

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Originally Posted by Draigess

Someone else also mentioned tradional IRA's?

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IRA = Individual Retirement Account... Meaning, if you intend to withdraw ANY of the money from the account before you are 59.5 years old, you'd have to pay a 10% early withdrawl penalty in addition to the tax...

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Originally Posted by Draigess

Thanks! I'll definately look into that one. I need something "safe" to put some money into where i'll see a good return when i can take it out. By safe i mean its not going to lose any money and i'll at least come out on top in the end. The amount i put in depends on the term/s & minimums required. Fees as well. If i could get 30g to make at least 5% in a short amount of time id be good. Someone else also mentioned tradional IRA's? I know nothing about these things yet but i need to learn. By the way, you're on my myspace friends list :taz:

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I have never joined any my space list. Never even been to the site. Must be someone else. By the way if you want the investment to grow have them reinvest the dividends each month. IRA's are for long term retirement plans not short term investments.. By the way the symbol for vanguards mutual fund is VWITX. It is called the "Interim term tax exempt fund"