Updated over 4 years ago on . Most recent reply
Safe investment options
Hello
I have cash (50k) that i would like to invest in a safe investment option. I've been trying to diversity my investment portfolio. I currently own multiple apartments, stocks, 401k, Roth IRA, HSA account (invested in mutual funds) . Now I'm looking for something safe, even if return in the investment is in the low since digits I'm okay with it. Anything is better than the % I'm getting from my savings account. Thank you all
Most Popular Reply
Buy a high cash value life insurance policy. It's guaranteed rate of growth will be 4% The mutual companies that design these policies have paid the guaranteed rates plus dividends for 100+, meaning they remained above 5% real performance even through the great depression and great recession. I have a policy, but I do not sell life insurance, so I'm just someone who's passionate about using money well.
Please research the way it works, and if you're interested call my guy, Cy. A link to his video below will educate you further if your interested. High Cash Value Life Insurance is not an investment, per se, in itself, but a way to put money in a bank account with amazing yield. You can borrow against the policy without interrupting compounding, and you can invest that money in all the traditional ways while increasing your profits and building a safe guarantee.