Hi,
I have a SEP IRA account and have about 40k there that I need to invest. I would like to know what would be a safe way to invest this money for a long period of time for moderate returns.
I have no idea where to invest it, I keep hearing the term 'Bonds' but don't really understand much about them.
Because of the economic conditions of the market, I chose not to invest it for last two years. Now, I think I would go ahead and invest it and would like to more about what are the options available for long term investments.
I will appreciate it if you can give me some tips/opinions.
Please let me know your thoughts.
Regards,
Sandeep
PS. Dear Admin, I am not sure if this is a right place to post this, please move it to appropriate section if necessary. I am new to the forum and could not decide where to post this.
I have a SEP IRA account and have about 40k there that I need to invest. I would like to know what would be a safe way to invest this money for a long period of time for moderate returns.
I have no idea where to invest it, I keep hearing the term 'Bonds' but don't really understand much about them.
Because of the economic conditions of the market, I chose not to invest it for last two years. Now, I think I would go ahead and invest it and would like to more about what are the options available for long term investments.
I will appreciate it if you can give me some tips/opinions.
Please let me know your thoughts.
Regards,
Sandeep
PS. Dear Admin, I am not sure if this is a right place to post this, please move it to appropriate section if necessary. I am new to the forum and could not decide where to post this.