191: Where Can I Invest and Find High Rates?

Learn where to invest and find high rates.

I've mentioned Jason Hartman's Creating Wealth podcast and how there are 700 podcasts about real estate investing. Now we're going to talk to Jason about his investing experience and whether it's better to invest in real estate for capital gains or cash flow? http://bit.ly/wealthpod

It's listener question Friday!

Dear Linda,

I love your podcasts! They are simply fabulous! I am wondering where can I get some financial products with a high rate of compounding? Let's say 8 to 10%. I need your great help for that, Linda. Thank you very much.

Best regards, Marie

I wish 8 to 10% was so easy!

Be careful when reaching for yield.

A friend of mine was pitched 5.5% junk bonds that weren't diversified and were 30 year bonds! He was actually considering them because a "friend" recommended them.

High yields equal high risk. Bank yields are 1 to 2%. 10 year bonds are 1.5%. How can you get 5.5? Lower the quality - but you don't want to do that.

Consider alternative investments - but they can be complex.

Dividends on stocks - but it entails risk to principal.

There's no easy answer for a "guaranteed" rate.

But here's the question: should you be investing for growth instead of income anyway?

Growth does involve risk, but over the long-term risk is minimized and returns are maximized.

Get started investing to grow your wealth.

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To get your "10 Quick Financial Tips to Boost Your Wealth" at www.lindapjones.com.