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authorbozz
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json_metadata"{"app":"Musing","appTags":["Money","investment"],"appCategory":"Money","appTitle":"What is the most profitable type of investment?","appBody":"<p>If you have them available to you Certificates of Deposit are probably some of the most profitable type of an investment.</p>\n<p>You may find something that gives you a greater return for your money, but CD's are much more stable and there is not as much chance that you will loose everything. &nbsp;</p>\n<p>What I am saying is that from a strictly risk/return point of view I think that you are going to be most profitable with CD's. &nbsp;Savings accounts usually have a pretty low interest rate. &nbsp;CD's have a fixed interest rate that is much more attractive than standard savings accounts. &nbsp;</p>\n<p>If you are looking for something with a little more risk, but still pretty stable, I would recommend a good mutual fund. &nbsp;American Funds Growth Fund of America returns me between 9 and 11 percent per year and it is relatively stable. &nbsp;I haven't had any huge losses to this date. &nbsp;Actually, that isn't true. &nbsp;In 2008 it took a pretty big hit, but like a lot of the other areas of the market, it quickly recovered.</p>\n<p>If you live in an area where you can setup a Roth IRA get one setup and do some investing in good mutual funds.</p>","appDepth":2,"appParentPermlink":"p3kqem7hx","appParentAuthor":"markocrypto","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}"
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