Investors are always interested in making safe investments that will get them high returns. Especially now with the economic turmoil it is necessary to combat the costs of inflation. The combination of taking high risks is directly proportional to the safe return investments that are expected.
If a person is willing to take high risks, he can look forward to high returns. If they are interested in taking low risk investments they can look forward to proportionate returns. In this present global economic crisis there are hardly any high yielding investments that can be expected as “safe” investments. In order to look forward to some returns it is advisable to invest some of the money in high risk options such as mutual funds, bonds and stocks and to invest some in low risk investments that will yield moderate returns. Some investments that can be considered safe are listed below:
Individual retirements accounts (IRA) are a good way to plan ahead for retirements. This type of investment is regarded more as a savings account than a Roth IRA or traditional IRA. This investment is similar to what can be expected with a bank savings account.
Money that is invested in an IRA account is not taxable if you do not withdraw any amount. This investment savings will grow till you reach the age of retirement when it can be withdrawn. Your money is safe with IRA and the returns that you earn are moderately high in the long term because of the tax exemption. The money that is saved can be invested in deposit certificates.