I would like some thorough answers from some yahoo users as well |||The question is better directed to ask, which is the best option for you to invest your money in. To figure that out, you have to look at who you are, and what is the money for. This is often done by a Financial Advisor. He will ask questions about your financial resources, tolerance for risk, goals, dreams, time horizon, and many other things to get a big picture of the best investment strategy for you. Also, he will design a portfolio based on what the money is for - is it for retirement? a future purchase? college education? - He will know how to manage the risks, tax implecations of specific account types, and how to make changes in the portfolio toward safety as you are getting closer to your goal.
In his work, it wouldn't be uncommon for a single customer to have a combination of all three of the above choices - because a Financial Advisor works with you, and finds the best investment options for you.|||It depends on how long you have to invest and your tolerance for risk. The safest is a time deposit. The riskiest would be stocks.|||Check the historical performance records of the 3 options. You will find that in the long run the difference in performance is not much, but the risk in time deposit is far less.
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