The Best Safe Investments For 2024

Shawn Plummer, CRPC

Chartered Retirement Planning Counselor

The Best Safe Investments For 2024

High-Yield Savings Accounts

High-yield savings accounts offer higher interest rates compared to traditional savings accounts. They are FDIC insured up to $250,000, providing security and easy access to funds.

Certificates of Deposit (CDs)

CDs provide fixed interest rates and are also FDIC-insured. They offer flexible terms ranging from a few months to several years, making them a stable investment with predictable returns.

Multi-Year Guaranteed Annuities (MYGAs)

MYGAs guarantee a fixed rate for a set period, often higher than CDs and savings accounts. Interest grows tax-deferred until withdrawal, making them a solid choice for long-term growth.

Fixed Indexed Annuities

Fixed-indexed annuities offer a guaranteed minimum return while being linked to stock market indexes. They provide potential for higher returns based on market performance, combined with tax-deferred growth.

Treasury Bonds and Savings Bonds

Treasury bonds are backed by the U.S. government and offer fixed interest rates over 20 to 30 years. Savings bonds are virtually risk-free and provide fixed interest rates, making them a safe investment for long-term security.

Where To Invest Money To Get Good Returns

How We Can Help

At The Annuity Expert, we understand the importance of safeguarding your investments, especially during economic uncertainty. For 15 years, we’ve helped individuals like you achieve financial security through tailored investment solutions.

We believe in finding the best solutions at the lowest costs, ensuring you get maximum value for your investments. Our expertise as an insurance agency, annuity broker, and retirement planner means we can guide you through the complexities of safe investing.

Understanding Your Concerns

Investing can be stressful, especially with the fear of economic downturns. We recognize the emotional toll this can take, from anxiety over market volatility to uncertainty about retirement security. Our mission is to alleviate these fears by providing stable, high-return investment options.

What Is The Safest Investment With The Highest Return

What We Recommend

  • Step 1: Initial Consultation
    • Contact us for a free consultation.
    • Discuss your financial goals, risk tolerance, and investment preferences.
    • How it benefits you: Gain clarity on the best investment options tailored to your needs.
  • Step 2: Personalized Investment Plan
    • Create a customized investment plan based on your unique situation.
    • Outline specific safe investments that offer high returns, ensuring your money works efficiently for you.
    • How it benefits you: Have a clear, actionable strategy for financial growth.
  • Step 3: Ongoing Support and Management
    • Provide ongoing support and management once your plan is implemented.
    • Ensure your investments remain aligned with your goals.
    • How it benefits you: Enjoy peace of mind, knowing your financial future is secure and continuously optimized.

Features and Benefits

  • Tailored Investment Solutions: Custom plans that align with your goals.
  • Expert Guidance: Benefit from our 15 years of experience.
  • Continuous Monitoring: Ensure your investments are always performing at their best.
  • Tax-Deferred Growth: Optimize your investment returns with tax advantages.
  • Safety and Security: Invest in options with minimal risk.

Addressing Common Objections

“Investing seems too risky.” We specialize in low-risk, high-return investments to ensure your money grows safely.

“I don’t have enough money to invest.” We offer solutions for all financial levels, ensuring everyone can benefit from secure investments.

Not investing wisely can lead to financial instability and stress, especially during retirement. By partnering with us, you ensure a secure and prosperous financial future.

Contact us today for free advice or a free quote, and take the first step towards achieving financial security with safe, high-return investments.

Disclaimer: This guide is for informational purposes only and does not constitute investment advice. Please consult a financial advisor for personalized recommendations.

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Questions From Our Readers

Are bonds safe to invest in?

Bonds are debt instruments that corporations and governments issue to raise capital. They typically have a fixed interest rate, and the bondholder will receive their principal investment back when the bond matures. Bonds are often considered less risky assets because they offer relatively high interest rates and are less volatile than stocks. However, it is essential to remember that bonds are still subject to market conditions and can lose value if interest rates rise.

Are annuities safe to invest in?

There are different types of annuities, but fixed and fixed-indexed annuities are both considered safe. This is because they offer a fixed rate of return, which means that your investment is not subject to the ups and downs of the stock market. On the other hand, variable annuities are not considered safe, and there is risk involved. Again, this is because they offer a variable rate of return, which means that your investment is subject to the ups and downs of the stock market.

How safe is investing in the S&P 500?

The S&P 500 comprises 500 of the largest publicly traded companies in the United States and is widely considered a reliable indicator of the economy’s overall health. In addition, the S&P 500 is well diversified, which means it is less likely to be affected by changes in any one sector. For these reasons, investing in the S&P 500 can be a safe and effective way to grow your wealth over time.

Of course, no investment is guaranteed, but the S&P 500 has a proven track record of delivering consistent returns. However, fixed-indexed annuities offer a unique opportunity to grow based on the performance of the S&P 500 without risk. You will not lose any money if the S&P 500 declines in value. 

Are mutual funds safe to invest in?

Mutual funds are pools of money managed by professional investors and can be used to purchase various securities. Many people view mutual funds as a safe investment, but there is no guarantee that you will not lose money. Investing involves risk. However, if you invest in mutual funds, you can do a few things to minimize your risk. First, research the fund before investing (bond mutual funds can be safer). Second, only invest what you can afford to lose. And finally, seek investment advice using advisory or brokerage services from a financial institution to help you make the best investment choices.

Is Bitcoin safe to invest in?

You should keep a few things in mind when it comes to Bitcoin. First of all, the value of Bitcoin is incredibly volatile, so there’s no guarantee that you’ll make a profit if you invest. Secondly, Bitcoin is still a relatively new investment, so there’s not a lot of history to go off of when making your decision. Lastly, there have been some concerns about the security of Bitcoin in the past, so you’ll want to ensure you’re comfortable with the risks before investing.

Are stocks safe to invest in?

Stocks can be volatile, and there is always the potential for loss. However, stocks have proven to be a solid investment over the long term. They have outperformed other asset classes, such as bonds and real estate, and have helped countless people build wealth. In addition, there are several ways to mitigate the risk associated with stocks, such as diversification and dollar-cost averaging. 

How can I double my money without risk?

There’s no such thing as a free lunch. Well, you can get pretty close when it comes to fixed-indexed annuities. With a fixed-indexed annuity, you can earn market-linked interest without the risk of losing your principal investment. That means your money can grow even when the stock market is down. And if the market does well, you can participate in those gains up to a certain point. So how does it work? Your money is invested in fixed and indexed accounts with a fixed annuity. The fixed account grows at a guaranteed rate, while the index account grows based on the performance of the markets. That way, you can earn interest even when the markets are down. So, if you’re looking for a way to grow your money without taking on too much risk, a fixed-indexed annuity might be right for you.

Is the money I contribute to my retirement accounts ever at risk, or is it just the interest earned? Typically, all money in investments has some risk and can lose value.

Yes, both the money you contribute to your retirement accounts and the interest earned can be subject to risk. Investments in retirement accounts, such as stocks and bonds, can fluctuate in value due to market conditions.

Where can you find the highest safe and insured interest rate for savings?

Multi-year guaranteed Annuities (MYGAs) are often considered one of the best options for obtaining the highest safe and insured interest rates.

I am 68 and would like to invest 200k in the safest possible thing. I am looking for a short-term investment of 5 years to 10 years max. What are my best options? 

The safest/most secure guaranteed growth of the funds would be with a fixed annuity, specifically, a Multi-Year Guaranteed Annuity (MYGA). This type of annuity pays a guaranteed interest rate for the policy term you select and is generally compounded interest. You cannot do better than the fixed rate, but you also cannot do worse than the fixed rate.

Shawn Plummer, CRPC

Chartered Retirement Planning Counselor

Shawn Plummer is a Chartered Retirement Planning Counselor, insurance agent, and annuity broker with over 14 years of first-hand experience with annuities and insurance. Since beginning his journey in 2009, he has been pivotal in selling and educating about annuities and insurance products. Still, he has also played an instrumental role in training financial advisors for a prestigious Fortune Global 500 insurance company, Allianz. His insights and expertise have made him a sought-after voice in the industry, leading to features in renowned publications such as Time Magazine, Bloomberg, Entrepreneur, Yahoo! Finance, MSN, SmartAsset, The Simple Dollar, U.S. News and World Report, Women’s Health Magazine, and many more. Shawn’s driving ambition? To simplify retirement planning, he ensures his clients understand their choices and secure the best insurance coverage at unbeatable rates.

The Annuity Expert is an independent online insurance agency servicing consumers across the United States. The goal is to help you take the guesswork out of retirement planning and find the best insurance coverage at the cheapest rates

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