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What is the Best Type of Investment?

What is the Best Type of Investment?

  • Stocks

  • Mutual Funds

  • Real Estate

  • Savings Account

  • Checking Account

  • Other

Results are only viewable after voting.
This is an unanswerable question. No one is "best," each has a purpose.

I voted for the one that fits my current needs.
 
There is no best. It's all about rate of return vs. risk. Macroeconomics 101.

Stocks are among the riskiest, though they have the best promise of getting you rich fast. Mutual funds are slightly safer, and a bit slower to return. Real estate and other "goods" that are physically tangible (gold, silver, collectibles, other precious items) all sit somewhere with these two.

Below that, you have means that take longer to return, but are far less risky. Savings accounts, bonds, CoDs, etc. Checking accounts shouldn't be on the list.

If you're looking to save up some money and get a little return on it without having to manage it constantly, a savings account is good for you. If you want to save for the future (20+ years from now), a CoD or bond is a good way to go. If you have some cash that's separate from your savings and you want to try your hand at growing that sum in a relatively short time frame (months to a few years), call up a broker and try the stock market.
 
Last edited:
CurseTheSky said:
Checking accounts shouldn't be on the list.
Click to expand...

I'd say checking accounts, savings accounts, and CDs are the most risky. Not a single one of them is keeping up with inflation currently and are pretty much guaranteed to lose money in the foreseeable long-term.
 
CurseTheSky said:
There is no best. It's all about rate of return vs. risk.

Stocks are among the riskiest, though they have the best promise of getting you rich fast. Mutual funds are slightly safer, and a bit slower to return. Real estate and other "goods" that are physically tangible (gold, silver, collectibles, other precious items) all sit somewhere with these two.

Below that, you have means that take longer to return, but are far less risky. Savings accounts, bonds, CoDs.

Checking accounts shouldn't be on the list.
Click to expand...
Some checking accounts actually pay a decent interest rate. But I've found that there are usually far too many restrictions to get that rate (like the cap will be $5k to 10k and you have to write 10+ checks a month and have them on direct deposit and be a member of some random organization and have donated a kidney and have fought in Vietnam and adopted a Chinese kid).
 
Golgatha said:
I'd say checking accounts, savings accounts, and CDs are the most risky. Not a single one of them is keeping up with inflation currently and are pretty much guaranteed to lose money in the foreseeable long-term.
Click to expand...
They have poor return, but you've said nothing about risk.
 
While we're on the subject of intentionally vague questions...

What's the best vehicle?

Where is the best place to live?

Who's the best contractor?
 
CurseTheSky said:
Real estate and other "goods" that are physically tangible (gold, silver, collectibles, other precious items) all sit somewhere with these two.
Click to expand...

In the past few years REITs have been more volatile but also more profitable than regular stocks.
 
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