Secure Returns: Where To Invest Safely For Yield

Stocks are collapsing again!

And interest rates are hitting new highs!

As much as I love dividend investing, we’re at a point where savings accounts and low-risk bonds are paying more than stocks. And without the same levels of risk.

Here are three safe havens for growing your money.

1. A Reputable High-Yield Savings Account

A Capital One savings account currently yields 3.40% per year.

Ally Financial is offering 3.60%.

And Citi pays 3.85%.

While none of these yields are spectacular, your money is FDIC insured up to the first $250,000.

And, there are situations where holding dollars is a good investment.

While the USA is suffering from high inflation, other currencies are doing worse. If you live abroad, your dollars can appreciate against the local money — increasing your buying power while you collect interest, too.

I’ve actually talked to several Turkish and Argentinian friends, and simply holding U.S. Dollars is a common inflation hedge in both countries.

2. No-Fee Credit Card Bonuses (And Cash Back)