Now that you know how to create a budget, it’s time to decide what to do with the money you have been saving. Real estate is no longer a stable investment and the stock market is as risky as ever.

Here are a few tips on the best ways to invest your savings:

Invest for the Long-Term

If you have money saved up, the best decision is to invest long term. If you make conservative, long-term investments, you won’t constantly be thinking about whether or not your decision to invest was a good one. On a similar note, do not make an investment if you fear it will cause you too much stress.

What you choose to do with your savings should be the best decision for you. Although not all investments are as sound as others, sometimes the best ones are products that grow slowly over a long period of time.

Stay Safe

Having the security of a safe investment is priceless. Low-risk, low-reward investments may not be the most exciting options but considering current conditions, they are the best. Consider sticking with investments similar to the ones listed below:

Savings Bonds: Fondly titled “The All-American Investment,” U.S. Savings Bonds have rates that change based on current market rates or inflation. They are low-risk government backed bonds that guarantee no lost money. Although they typically do not have the highest performance, Savings Bonds assure you will never lose your money. To learn more about Savings Bonds click here.

Certificates of Deposit: CDs are considered among the safest ways to invest your money. Similar to savings accounts, CDs pay you interest on your money, but earnings are typically higher than those offered by savings or other options. When you open a CD you are required to keep the money in the account for a certain period of time so make sure that you will not dip into your savings anytime soon. Take a look at this article to see the difference between CDs and Savings Bonds.

Money Market Accounts: Similar to stock markets, money markets are where people buy or sell money. This means people can borrow or loan money. Money market funds pay a portion of their earnings to you in the form of dividends. They are not as safe as CDs or Savings Bonds but are still a great way to invest. Before you decide to go with a money market fund make sure to read up on the risks.


As a rule of thumb it is important to never invest more than 5% of your assets in any one specialized investment. The old adage “Don’t put all your eggs in one basket” is exactly what diversifying is all about. If you spread your money out and one investment falls through you will not lose your entire savings.

Check out Internet Banks

Perhaps you just want to keep your money in a savings account. Basic savings accounts represent a safe and secure way to hold onto money. The best savings account investments are with banks that will give you the highest possible interest rate on your savings. Internet banks typically pay higher rates then the average bank. Another benefit of Internet banks is that they typically have no fees and no minimum deposit. Check out to see which banks have the highest interest rates. Bonus rates on some products can be found at’s Bank Deals page.

In today’s harsh economic climate, finding the best way to invest your money can be a difficult venture. As long as you stick with low-risk investments you will know your money is protected.

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