What is a good, safe way to invest 25,000 dollars for a year or so?
Answers | 1
Investment Manager (Financial Advisor) in North Charleston, SC
December 19, 2016
The safest way to invest $25,000 is with a bank that offers FDIC insurance. Of course, your ROI may be negative after inflation. Perhaps, you can provide more insight into what you want the $25,000 to become and when. Your time and money are more valuable when they are on your side.
For example, most any competent IM (Investment Manager) can turn $25,000 into $50,000 within 7 years. Or, if you are 50 years old and single, you may qualify for around $1,170/year in income for life which is 4.68%.
As you can tell, there are lots of possibilities and my crystal ball is cloudy on your needs.
Hope this helps and you can contact us directly to discuss your needs in greater detail. No obligation.
It’s not what you make; it’s what you keep that determines your lifestyle.
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