Hey guys, so if I have some extra cash right now sitting around, where should I be putting it to earn a decent return (ie ~4-6%) without going further long on the market?
I feel like I am already net long so don't want to dump anymore cash into the market, but would still like to yield more than 1%...
Thanks
RJI, RJA, RJN, & RJN, buy all of'em
There Jim Roger's ETN's, I promote these things so much on here I should receive a check Hahaha On a serious note, it's a great way to get exposure to commodities without the future market risk. Check the the numbers on Yahoo Finance, I think you will be happy with your research. Also "EEM" would be excellent for you, especially after todays movement in it's price.
Good Luck!
I don't know how much this applies in the US, but here in the UK if you look around you can get 3-4% for 1 year on a savings account. You can't touch the money, but its a great interest rate. This only applies to new accounts though so you need to move your money every year to keep getting the 3-4%.
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