Where Can I Get 8% Return on Investment? Top Investment Options

The Search for High-Yield Investments

When it comes to investing, one question that often comes up is, 'Where can I get an 8% return on investment?' While there are no guarantees in the world of investments, there are several options that have the potential to provide a higher return compared to traditional savings accounts or low-yield investments.

1. High-Yield Savings Accounts

One of the safest options for earning a higher return is through high-yield savings accounts. These accounts offer a higher interest rate compared to regular savings accounts and are typically offered by online banks. While the return may not be exactly 8%, it can still provide a competitive rate compared to other low-risk options.

2. Cash Management Accounts

Cash management accounts are another option worth considering. These accounts typically offer a higher return compared to traditional savings accounts and may also come with additional features such as ATM access and a debit card.

3. Money Market Accounts

Money market accounts are a type of savings account that typically offer higher interest rates compared to regular savings accounts. These accounts are considered low-risk and provide the potential for a higher return.

4. Short-Term Corporate Bond Funds

For investors willing to take on a slightly higher level of risk, short-term corporate bond funds can be a good option. These funds invest in corporate bonds with shorter maturity periods, which can provide a higher yield compared to government bonds or other low-risk investments.

5. Short-Term U.S. Government Bond Funds

Short-term U.S. government bond funds are another option to consider. These funds invest in government bonds with shorter maturity periods, which can provide a higher return compared to long-term government bond funds.

6. Money Market Mutual Funds

Money market mutual funds are a type of mutual fund that invests in short-term, low-risk securities. These funds aim to maintain a stable net asset value (NAV) of $1 per share and provide a relatively low but stable return.

7. No-Penalty Certificates of Deposit

No-penalty certificates of deposit (CDs) are a type of time deposit offered by banks. These CDs typically offer a higher interest rate compared to regular savings accounts and provide the flexibility to withdraw funds without incurring a penalty.

8. Treasurys

Treasurys, or U.S. Treasury securities, are considered one of the safest investments available. While the return may be relatively low compared to other options, Treasurys provide a guaranteed return and are backed by the full faith and credit of the U.S. government.

Conclusion

While there are no guarantees in the world of investments, there are several options that have the potential to provide an 8% return on investment. It's important to carefully consider your risk tolerance and investment goals before making any investment decisions. Consulting with a financial advisor can also provide valuable guidance and help you make informed investment choices.