Quick Answer: What Does Dave Ramsey Recommend For Investing?

What should I invest my money in for a good return?

Fixed income assets, such as government and corporate bonds are often seen as providing a relatively stable and reliable return.

When purchasing a government bond, you are essentially lending money to the government which they will pay you back with interest..

What type of investment makes the most money?

Overview: Best investments in 2020High-yield savings accounts. … Certificates of deposit. … Money market accounts. … Treasury securities. … Government bond funds. … Short-term corporate bond funds. … S&P 500 index funds. … Dividend stock funds.More items…•

What the Bible says about investing?

Proverbs 21:20 The wise store up choice food and olive oil, but fools gulp theirs down. Proverbs 21:5 The plans of the diligent lead to profit as surely as haste leads to poverty. Matthew 25:14-30 “For it is just like a man about to go on a journey, who called his own slaves and entrusted his possessions to them.

What are the 4 types of investments?

There are four main investment types, or asset classes, that you can choose from, each with distinct characteristics, risks and benefits.Growth investments. … Shares. … Property. … Defensive investments. … Cash. … Fixed interest.

What is the best investment option for beginners?

The best investments for beginners.Index funds.Target-date funds.Balanced funds.Exchange-traded funds.No-transaction fee funds.401(k)s or 403(b)s.Roth IRAs.Robo advisors.More items…•