Currently have: 401k through company, variable annuity through WRL.
Some family members (that border on the paranoid) have me "holding" their savings, somewhere between 12 and 15k. They were earning 0.85%.
I have my own chunk of change available (30k), that I'd like to see gain a return, instead of just protecting against inflation (even at ING @ 3%).
Being that I haven't been following the market, I though I'd get some opinions/suggestions/flames from you guys. I DO plan to do my own research, just needed a nudge in the right direction.
Mutual fund / money market / CD / etc.?
Some family members (that border on the paranoid) have me "holding" their savings, somewhere between 12 and 15k. They were earning 0.85%.
I have my own chunk of change available (30k), that I'd like to see gain a return, instead of just protecting against inflation (even at ING @ 3%).
Being that I haven't been following the market, I though I'd get some opinions/suggestions/flames from you guys. I DO plan to do my own research, just needed a nudge in the right direction.
Mutual fund / money market / CD / etc.?