OP, what were you invested in back in 2008? It sounds like you were heavy on one type or class of investment.
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Safer Investments
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If you can wait exactly 20 years to access your money, then the best possible return that I can think of would be to buy EE savings bonds. They are guaranteed to double in value in 20 years at a return of 3.53%. Cash 'em out early though, and you'll pay a hefty penalty (you'll only earn 0.20% interest up to 19 years, 11 months!). Not only that, but you're also limited to purchasing $10k per year ($20k per married couple).
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Originally posted by cascade11 View Post.... at a return of 3.53% ...
Individual - May 2005 and Later (EE Bond Rates and Terms)
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Generally, when the stock market is down, U.S. government and safe municipal bonds, CDs, and money market funds outperform the market. This is because government bonds, CDs, and money market funds offer a low, but constant, rate of return, so they underperform the market when stocks are up, but outperform it when stocks are down.
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Invest In Stocks
Investing in stocks are risky but it can give you good profits. All you need to do is take time to understand stock market and study stocks as well. Initially invest small amount of money in stocks and as you get profit from it then use that profit for next investment and keep on doing it for some period of time. As you earn good money from it then invest profit money for long term and hence your goal will be fulfilled and that is safe investment & good returns.
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