Annuity Advice
What is the best account to put the interest of making money?
What is your advice on the best interests of 30 to fifty thousand dollars. Annuities do have a problem … any suggestions? This has to last my whole life.
All this depends on the interest rate you are looking for. Some seed capital investments potentially aggressive growth and pay dividends, and a lump sum upon maturity. However, other semi-income investments offer annual or monthly (interest paid). If you are looking for growth, investment in an equity fund. If you are looking for interest income, invest in some type of bond fund. Such as government issued bonds, or a fund company. I suggest you seek the help of a financial planner Certifed however. I hope this will help.
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