Max Saves
Max Saves
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 LEAPSTER L Max SPONGEBOB SQUAREPANTS Saves the Day game  US $11.05
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What is the best way to invest or save $50,000 to gain the max interest?
I don't want any risks of losses and I want for it to be untouchable for about 10+ years.
if you put it in simple savings at .5% to 1.5% you will lose money to inflation. Even a CD from a bank will only be about 2% for 10 years, very bad. So your dollar amount will not decrease but the buying power will be less, much less in 10years.
Inflation has been historically ~4%, more like 3% the last 15 years but don't believe it, what they use to measure inflation has changed and not in a good way.
Emigrant Direct has a savings at 5.05% or so. www.emigrantdirect.com I have one of these accounts and Suzy Orman talks about them on her show. You will just beat inflation, but you really aren't "investing" because the real return will only be about 1%. In other words you will have more money in 10 years but it will be worth about what is was when you put it in the account.
If you want to make some money then you might want to spread it around a little. Put some in emigrant direct account mentioned above. Put some in an EFT like the VTI Vanguard Total Stock witch tries to match the overall stock market. Over 10 years should have a good return like 8% to 12% with relatively little risk. In fact the risk of letting an EFT like this ride for 10 years is far less than putting it in simple savings where you will lose to inflation about 3% a year.
just some ideas hope it helps