I have $5k that I want to accrue the highest return for in a year's term, where should I put it?

[rbksNgirbauds]

I don't know jack shyt about financing, or mutual funds or none of that. I just want to sit this money down for a year and not touch it. My folks were telling me about opening a CD, is that a good option or are there better ways to accrue return?

 

[Luke Cage]

amc stock. lot of us got rich off that thanks to our coli brehs.

 

[MaxBundles]

Zero Risk=High Yield Savings Account
Medium Risk=Mutual Funds
High Risk=Stock Market

 

[Olmec]

it's hard to guess the highest return. I just bought several leap calls for CCL, Norwegian cruise, and Royal Caribbean.

 

[Pegasus Jackson]

My NFT.

 

[rbksNgirbauds]

@Stuntone I believe it was you that was giving game on not trusting 401ks or something to that effect, could you shed a little light on this thread question?
Sorry if i've gotten you mistaken

 

[dfresh]

Power to the players.

 

[CrimsonTider]

I don't know jack shyt about financing, or mutual funds or none of that. I just want to sit this money down for a year and not touch it. My folks were telling me about opening a CD, is that a good option or are there better ways to accrue return?

We would need to know your acceptable level of risk to give the best advice

 

[⠀X ⠀]

Invest in your mind

 

[CrimsonTider]

@Stuntone I believe it was you that was giving game on not trusting 401ks or something to that effect, could you shed a little light on this thread question?
Sorry if i've gotten you mistaken

Don’t listen to that dummy

Does you’re employer offer a 401k you should be having a portion of your pack check automatically going their each pay period

 

[Bonik and 357 others]

Obvious answer is Coli token

 

[rbksNgirbauds]

We would need to know your acceptable level of risk to give the best advice

moderate. I'm not expecting to flip that 5 into 15 or nothing, just curious of alternatives that differ from camping it in my local credit union

 

[BelowTheMasonDixon]

it's hard to guess the highest return. I just bought several leap calls for CCL, Norwegian cruise, and Royal Caribbean.

what is a leap call?

 

[King]

Heard they be selling these used mattresses on Craiglist






















You could flip that shyt






















And sleep on the less dirty side

 

[rbksNgirbauds]

Don’t listen to that dummy

Does you’re employer offer a 401k you should be having a portion of your pack check automatically going their each pay period

yeah they take out, I can't remember what percent exactly, automatically, not much tho. Through Vanguard. I aint never paid attention to this type of shyt til now honestly