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Tag Archives: certificate of deposit

5 Best Ways to Invest Your Money

This post was submitted by a guest author. If you would like to contribute a guest post, please contact me.  Investing wisely is the best way to increase your net worth over time. On the other hand, investing poorly can result in a significant loss of money for you. Most financial experts recommend diversifying your investments by distributing money into a variety of assets. No matter how promising and profitable a new company might seem, it’s never wise to invest all your money in one place. Having multiple streams of income is always better than having just one, because if an investment of yours fails and you’ve got others to back it up, you can cover the losses with one of these additional investments. While nobody can guarantee that an investment will pay off, there are basic investing dos and don’ts that everyone can benefit from. Here are the five best items to invest your money in: 1. Certificate of Deposit (CD) If you have a specific amount of money that you know you won’t be needing for immediate expenses, invest it in a CD. When you invest money this way, you are basically loaning it to a bank or ...

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