Hello all,
I'm looking to invest in something that makes money slowly and steadily.
S&P 500 is an obvious choice, but would love to see if there is anything else that I should be looking into.
One idea is turkey properties (ie. out of state rentals managed through a property mgmt company. My concern here is that I feel like real estate is at its peak, and the companies that offer that type of thing add premiums so I'd be paying a fair amount over market to buy each property. With prices at an all time high and interest rates high too, it feels like the wrong time to do that.
I currently make 5% in a high yield savings account with 0 risk.
Can you think of anything that may be better?
Submitted November 05, 2024 at 01:25AM by Paralemo https://ift.tt/hwWklbT