Hi there, I'm new to this forum but thought it would be a good place to get some ideas from other folks. My husband and I have about $25,000 saved in (what used to be) a high interest savings account (ING Direct). It was a decent interest rate when we first started the account but the rate has been going down steadily as the fed keeps lowering interest rates. We just had a baby and I'll be returning to work part time. I'd like to keep some of the money fairly liquid for house projects and emergency needs but I feel like I should be investing at least some of this money in something that would provide a better return. I've been advised to invest in metals/gold and also foreign investments but I don't know anything about either of these. Does anyone have any other suggestions or advice? Thank you.

The first recommendation is not to invest anything directly that you do not understand - gold is already reaching a peak so you'd be late to the party, and more in danger of losing out when the price starts to reverse.

Best thing to do perhaps is to research basic investment options - check out the Investing for Dummies book to get a better idea of investment vehicles available to you.

2c.

I would also recommend you do not do anything that you don't understand. First try to learn more from books and internet, either about stock market or real estate or other types of investments and then invest part of all in what you choose, not what others have recommended you.

Gold was a good thing last year, this year as brian says it may be too late...

Good luck!

Awesome Griffie, that is a sizeable amount to start with, ok You've got to begin the process of teaching yourself how to take care of your investments, believe me it may sound like a daunting task at first but really it isn't. I'm going to suggest some quick beginner books that will get the fire burning in you. Easy reads, don't need to know things about the markets and really, just good books. These are also recommended on my blog site as well;

1. Rich Dad poor dad
2. Automatic Millionaire
3. The Wealthy Barber

All great books that will make you realize how easy things are to start doing, especially when you have a good starting point such as yourself. But lets give you another option. If you know you have absolutely no interest in investing, and never will (which I strongly don't suggest) then I have to recommend a proven strategy, its known as the Coach Potato strategy. Basically its investing in the broad indexs, which means you buy a little bit of everything, and this strategy beats about 90% of all mutual funds over a 10 year period. Because of the low fees these cost for one.

Check out the Ishares website to see some of these. I suggest this split:

40% S&P 500 index
30% International Index
30% Bonds Index

Believe with this strategy if you don't have a desire to learn more on your own, you'll be fine in the long run, and hey for the mean time, even while your learning, its a good strategy. There ya go man, hope that helps.

I would recommend consulting a professional before making a final decision. In the meantime, however, if you're looking for another high yield savings account, check out ShoreBank. I work with them and know they offer a competitive rate for their online savings account. Plus, they help finance projects that benefit communities and the environment. You can get more information at ShoreBank.SBK.com.

I'm invested now into a hedgefund and it is great it doubles my money every 4.5 yrs and i rolled over my retirement plan at no cost.

Yup. Understand the field before going into it. Investment for dummies is a good place to start learning.

I invest with fap turbo, It's The best way bar none! Just click my signature to learn about it!

Hope I helped

Have a Nice day

Did you find an investment yet? I understand your about to go back to work and you would like to have some money for household needs... Would you like to get quarterly checks just off your principle. The private equity fund does just that, the more you invest the more you get back on your quarterly checks. I would love to give you and your husband more information on this. Thanks and Good Luck

AYANNA, you have probably been scammed. For money to double every 4.5 years would require about 16% per year. There isn't any safe investment with those type of returns without risking your principal.

You probably have lost all your money and your quarterly statements are phony frauds.

This is the EXACT same thing Bernard Madoff was doing to his clients.

I'm sorry for your loss.

__________________
Gary Spicuzza, *SAFE
Copyright 1956.
No Rights Reserved.
*Self Appointed Financial Expert

Garry you are right i do get 16% anually, and its great, to each is own but so far so good anything is better than the stock markets ..and maybe you haven't done enough research as to where you should put your money and ill bet my last dollar you are not getting any more than 4-6% on you money....so sorry for your loss.....HAPPY HOLIDAYS

AYANNA,

Does this 16% investment you're in have a linky?

I would qualify as an "Accredited Investor" and I'd like to check it out.

Please share.

Merry Christmas!

__________________
Gary Spicuzza, *SAFE
Copyright 1956.
No Rights Reserved.
*Self Appointed Financial Expert

Merry Christmas AYANNA.

Oh my,...my *SAFE designation which was created on this forum is under attack!

See THIS LINKY.

I promise you as soon as you link us up to your investment site, I'll post exact information on how one could earn 14.4% on their money each and every year,... year after year after year, PLUS appreciation.

There are few things I enjoy more than a good ol' Internet Thead War with anonymouse persons.

Best regards,

__________________
Gary Spicuzza, *SAFE
Copyright 1956.
No Rights Reserved.
*Self Appointed Financial Expert

There's on investment advice that everyone should follow that will give them huge dividends in the end. Especially long term. "Be greedy when other are fearful and be fearful when others are greedy." - Warren Buffet If you can execute this successfully, you'll earn money long term.

Hmmmmmmmm, still no linky or even a hint from AYANNA on this 16% guaranteed investment.

AYANNA, you've splashed this "investment" on a dozen or so threads yet you refuse to offer verifiable information regarding same.

Why?

If you show me your 16% technique I'll show you MY 14.4% actually financially sound and proven method.

Come on, let's play....maybe we are on the same page?

__________________
Gary Spicuzza, *SAFE
Copyright 1956.
No Rights Reserved.
*Self Appointed Financial Expert