Blog Details

What is the best investment for your money?

21 April. 2024

1- Saving accounts at banks which yield around 6%. The problem is it’s a very low rate.

2- Certificates of Deposits interest of which is around 12% the problem however is that the money is not liquid when needed in an emergency or for an investment opportunity you have to break the CD which can cause you to incur some losses.

3- Currencies and commodities like gold. Currencies are risky and gold is not that practical as a large investment tool.

4- Fixed income tools like bonds and treasury bills. These are suitable for experienced professionals and institutions.

5- Stock Market Equities are the more liquid investment tool and usually yields good returns when the economy is doing well.