where is the safest place to invest money and get a high return daily
Investing money involves balancing risk and return, and high returns generally come with higher risks. There are very few options that offer both safety and high daily returns. Here are some investment options that can be considered for safety and relatively stable returns, but keep in mind that they do not typically offer "high" returns on a daily basis:
1. **High-Yield Savings Accounts**: These accounts provide a safe place to keep your money while earning interest. Returns are typically lower than other investment vehicles, but they're insured by the FDIC (in the U.S.) up to $250,000.
2. **Certificates of Deposit (CDs)**: CDs are also insured by the FDIC and offer fixed interest rates over specific terms. While they provide safety and predictable returns, they require you to lock in your money for a set period.
3. **Treasury Securities**: U.S. Treasury bills, notes, and bonds are among the safest investments, backed by the government. They offer lower returns than stocks but are considered very stable.
4. **Money Market Accounts**: These accounts often provide higher interest rates than traditional savings accounts while maintaining liquidity.
5. **Index Funds or ETFs**: Though they come with market risk, broad index funds or exchange-traded funds that track major indices (like the S&P 500) can offer reasonable returns over time with lower fees compared to actively managed funds.
6. **Dividend Stocks**: Investing in stable companies that pay dividends can provide regular income, but stock prices can fluctuate, introducing market risk.
7. **Peer-to-Peer Lending**: Platforms that facilitate lending can offer high-interest returns, but they come with the risk of borrower default.
8. **Real Estate Investment Trusts (REITs)**: These can provide dividends and the potential for price appreciation, but they also carry market risk.
Please keep in mind that no investment is entirely without risk, and "high return" investments usually have some level of risk involved. It's advisable to consult with a financial advisor to align your investments with your financial goals, risk tolerance, and investment horizon.