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Investments

J

jmcoreymv

Diamond Member
Ive got about 30k or so liquid that Im looking to put into some safe investments. Right now 20k is sitting in an ING Direct Savings with 2.1% or so. 7k is in a wells fargo checking account with 0% or so, and 5k is in an Ameritrade account. Ive considered savings bonds because it looks like the I bonds get 4.66% which is alot higher then the EE bonds but i dont quite understand why. I dont see a point in getting a CD at the current time since the interest rates are mostly lower then my ING account. Any other relatively safe investment ideas?
 
whats wrong with the ibonds? They are a great investment if you won't need your money for 12 months. Plus, you can still buy them with your credit card (ie, get some air miles or somethin).
 
i dont get why people would get EE bonds when I bonds have twice the interest rate. Also property is out of the question since im 17.
 
Originally posted by: jmcoreymv
i dont get why people would get EE bonds when I bonds have twice the interest rate. Also property is out of the question since im 17.
Click to expand...

they probably shouldn't be getting EE bonds, but why would that stop you from getting ibonds?
 
What is your investment term? 1 year? 10 years?

You could get some treasury bonds, building a "barbell" out of the short and long end of the yield curve (i.e. 6-month, 1 year, and 30 year).

You might also look into some bond funds - mortgage backed securities are very nice right now with relatively low risk.

Treasury Inflation Protected Securities are also very safe and pretty attractive.

Finally, municipal bonds offer some relatively decent rates and possibly some tax advantages to boot.
 
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