@[email protected] to No Stupid [email protected] • 1 day agoWhat can I do with US$10K that is a good investment?message-square98fedilinkarrow-up1118arrow-down14
arrow-up1114arrow-down1message-squareWhat can I do with US$10K that is a good investment?@[email protected] to No Stupid [email protected] • 1 day agomessage-square98fedilink
minus-square@[email protected]linkfedilink2•16 hours ago5% is terrible? I have 13k in a 9 month CD at 5% Almost a year and I get like $600, doesn’t seem so great to me but there’s no risk either I guess :/
minus-square@[email protected]linkfedilink2•13 hours agoLow risk but inflation is above 3% so you are looking at less than 2% effective granted it’s a fairly safe investment.
5% is terrible? I have 13k in a 9 month CD at 5%
Almost a year and I get like $600, doesn’t seem so great to me but there’s no risk either I guess :/
Then that compunds year after year.
SPY returns an average 12%
Low risk but inflation is above 3% so you are looking at less than 2% effective granted it’s a fairly safe investment.