I need financial help...$100,000 involved

[HelloWorl]

I need to know the best way to invest $100,000 so that it is at very little to no risk. Currently a high yield bank account gives 1.1%. Is this the best option for $100,000 cash?

This money would likely be used for a down payment on a house so it needs to be free from risk and be fairly liquid with a 2 month notice.

 

[Mike Gayner]

Free from risk? Government bonds.

 

[AlexCurth]

$100,000 - it`s very big money for me.

 

[HelloWorl]

Free from risk? Government bonds.

5 years at 1.2%? What are you talking about?

 

[Leros]

Aren't there some investments with a guaranteed yield higher than a savings account? Like 3%?

 

[Mike Gayner]

5 years at 1.2%? What are you talking about?

Step 1. Buy government bills for whatever appropriate time period.
Step 2. Earn sweet fuck all interest at very low risk.
Step 3. Redeem bill and buy house.

I don't really know what else I can tell you. If your main priority is safety, this is your best option.

 

[wiredspider]

If you need it liquid, then the high yield savings account is the best option.

 

[theflyingpig]

You should just spend the money. Clearly you don't have the intelligence necessary to make the most of this $100k. If you do choose to invest, you will likely invest in something someone else told you to invest in. Since you don't have the requisite knowledge and skill to determine on your own what a good investment is, you will lose in the end. So like I said in the beginning, you're better off just spending the money on useless shit that you want, because at least then you'll get some enjoyment out of it. A fool and his money are soon parted. Everyone knows this.

 

[guyver01]

$100,000 grand is chump change for ATOT... i keep that in my wallet as pocket change.

come back when you need investment advice on $1.3Bn

 

[Locut0s]

If you need to withdraw it in that kind of time frame you aren't going to get anything better than 1.1 I would think.

 

[JJChicken]

You should just spend the money. Clearly you don't have the intelligence necessary to make the most of this $100k. If you do choose to invest, you will likely invest in something someone else told you to invest in. Since you don't have the requisite knowledge and skill to determine on your own what a good investment is, you will lose in the end. So like I said in the beginning, you're better off just spending the money on useless shit that you want, because at least then you'll get some enjoyment out of it. A fool and his money are soon parted. Everyone knows this.

Fail post.

To the OP - Invest in high yield savings account. Easy as easy can be.

 

[JJChicken]

$100,000 grand is chump change for ATOT... i keep that in my wallet as pocket change.

come back when you need investment advice on $1.3Bn

hey..uhh guys. im tryin to ivnest in something that will give good return over a 2yr period. i gots like $300bn with me. but its pretty important, my job is up for review in a couple of yrs and i promised my employer i would change their wealth (for the better obviously). so..uh..any ideas?

 

[kranky]

$100K at 1.1% yields about $92 a month. You're not going to find anything paying massively more.

Check bankrate.com for current rates. A quick look shows you could squeeze out a little more, maybe 1.3%. You might have to go out of state for the absolute top deal. Also find out if there is an "early close" fee if you don't keep the account open for a specified period of time, and how quickly you can get your money withdrawn.

 

[kami333]

Rewards checking accounts will get you 3-4% but you need to do a bit of work, many require a direct deposit and X number of debit transactions.

 

[AyashiKaibutsu]

Everything on 00 super safe.

 

[Elbryn]

not much in the way of yield if you cannot afford to take any risks with the money. cds, savings accounts, and government bonds are pretty much it. ibonds will get you north of 3% interest, watch the new rate that comes out in may to see where it goes. but you can only buy 10k per ssn number. penalty is 3 months of interest when you withdraw and you must keep the money in for at least 1 year.
the savings accounts with kasasa if there is a bank near you will do 3-4% up to 20k in a checking account and a lower 2ish% in a savings but as someone said before, you'll need direct deposit and debit transactions to maintain.

 

[jlee]

Rewards checking accounts will get you 3-4% but you need to do a bit of work, many require a direct deposit and X number of debit transactions.

Mine is down to 2.x%.

 

[Modelworks]

Take the $100K and feed it to the paper shredder. Why ? You are asking on an internet forum how to invest $100K ? Take any advice extremely carefully , never know when someone is pointing you towards a scam.

Instead call up or email the different investment companies and banks that have high customer ratings to see what you can get.

 

[onza]

invest in apple stock. lol

 

[rudder]

Buy lotto tickets.

 

[Billb2]

Treasury bills = ga-ron-teed return.

Your criteria of "absolute safety" is going to kill your return.

After all is said and done, you're not going to die if you loose a little bit.

75% t-bills 25% money market, mutual fund, index fund, stock portfolio, or day trade it.

 

[UglyCasanova]

Treasuries are not going to pay you anything at the moment. Luckily inflation has not taken hold yet, but rest assured if interest rates stay this low for long the Fed is going to have to grapple with that as well.

 

[Skitzer]

Under your mattress ..... Oh wait ..... no return, nevermind.

 

[darkswordsman17]

Hookers and blow would give you a good return on your investment.

 

[olds]

$100,000 - it`s very big money for me.

wwybywb?