Are there any safe investments in this economy where one can get 7 or 8 percent return?
larry m asked:
With the stock market and real estate markets being so much in the skids where are people putting their money? What about buying and reselling?
With the stock market and real estate markets being so much in the skids where are people putting their money? What about buying and reselling?
HRAYHAAN:
Well, you’ll have to take some risk to get 7 - 8 %.
CDs are only paying about 4% at best - So you’ll have to move to higher paying bonds, or try and invest in some stocks…
It really depends on your time-frame.
I’m not sure how much money you have to work with, but to answer your question, it really depends on how you define “safe” and what your timeframe is.
June 11, 2009, 11:07 pmJoe:
NO. Trying to get that sort of return will always be unsafe in the short run. Many of us think that stocks may have bottomed and this is a good time to get in. However, there is no guarantee they have bottomed.
The article below is somewhat dated. Safe returns now run about 4%.
June 12, 2009, 7:31 pm