The Best Place to Invest Today

Build up a nest egg
Build up a nest egg

Anyone can earn money. It's how you invest and save that money that counts. You can think you are investing wisely, but not keeping track of the current rate of inflation, or not being conscious of the difference between the interest rates on your debts and your savings can be detrimental to the return on your investments. Here are the best places to invest your money today and how to get a return on your investment.


Save your money in the bank. The bank account is considered to be the safest place to invest your money. The interest rates tend to be in the 2 percent to 2.5 percent range. Putting your money in the bank is traditionally the most consistent method of getting a return in the long term out of your investment.

Certificates of Deposit

This is the untraditional way of investing in the bank. This is when the bank offers you an opportunity to deposit a certain mount of money for a certain period of time for an agreed upon compound interest rate. This interest rate can be as high as 8 percent to 9 percent.

Pay Loans Off

It is always advised that when putting your money in a savings account that you pay off all your debts first since the interest rate on most loans tend to be higher than that accrued by a savings account. The exception is student loans, which tend to have lower interest rates than you might find with a savings account. It is also key to make sure the interest rate for your savings account is higher than the rate of inflation. If the rate of inflation is higher than the interest rate of your savings account you will be losing money when you consider its spending power..

Mutual Funds

Many companies offer a 401k or an individual retirement account where funds are pooled together from multiple investors and then one single money manager buys stocks and bonds with the funds. Online trading companies offer this option as well. This can be a safe way to aggressively grow your savings considering that you hold stake in all of the investments made.


The stock market returns as much as 10 percent to 12 percent annually on investments. The stock market can be volatile but it can also show major returns. The best bet with the stock market is to invest a small amount and let it sit over a long period of time. Even during a recession, or when there is a market crash, the stock market traditionally comes back and soars.

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