Where should I stick my hard earned dough?
Here are some ideas ordered by likely return
Investment Type | Expected Return |
---|---|
Paying off credit card debt | -15.0% - 0% |
Installing solar panels on your house | 5.0% - 15.0% |
Real estate investment property | 5.0% - 15.0% |
Electric vehicle | Varies widely |
Collecting wine | Varies widely |
Real estate main residence | Varies widely |
Cryptocurrencies | Varies widely |
Individual stocks | Varies widely |
Stock mutual funds | 7.0% - 10.0% |
Savings account | 0.1% - 4.8% |
Bond mutual funds | 2.5% - 6.0% |
Money market account | 0.10% - 0.50% |
Certificate of deposit (CD) | 0.05% - 1.00% |
Current account | 0.01% - 0.10% |