The Montana Board of Investment supplies prudent funding management of state and local government funds; works with monetary institutions, state agencies, and local governments to enhance and expand Montana’s economic system and help new and increasing Montana businesses; and lends low-interest funds to eligible governments for a variety of projects. The term brief-time period investments” is perhaps considered an oxymoron by some because investing typically refers to buying a monetary asset — like a inventory or bond — with the expectation that it will provide revenue and recognize in worth over time.
They do have an autopilot” reinvestment function, but unsure if I belief it to do what I might do, within the quantities I’d do it in. However if in case you have free time to play with it, say 15-30 mins per week, then it is type of a kick, and it’s a better return than most every thing else.
Unlike long-time period investments, which may yield a greater return over time, quick-term investments are usually decrease-threat investments with a predictable, smaller return and highly liquid assets, equivalent to a high-yield financial savings account.
Peer-to-peer lending requirements are significantly extra lenient than banks’, and these loans’ rates of interest are usually lower than these supplied by conventional lenders, however the charges will probably exceed these on excessive-yield savings accounts, so you stand to make a much higher return with peer-to-peer lending.
That can provide the highest assured return, and lower the chance of another investing you do. I would also be certain to have at least three months dwelling bills in a really liquid and completely safe car, like a bank savings account, money market fund or short-term CDs.