Have you been building up your nest egg? Perhaps you have just come into some money.
Whatever the case, your best option is to invest the money rather than letting it sit in a corner of the bank.
Investing $20,000 dollars doesn't have to be a big risk.
Although many people would suggest putting it on the stock market (or on roulette table in Las Vegas), there are simple, secure and safe investment strategies you can take when investing $20,000.
Read on to discover three of the best ways to invest your money, make a profit and benefit from your hard earned extra money.
-Real Estate Investment Trust: This is a great way to invest $20,000.
You are taking part ownership of a real estate or a mortgage the trust invests in.
Basically, a real estate investment trust works like stock; you can trade it and sell it to make quick cash.
-Canadian Oil and gas Trust: As of right now, an investment is an organization that invests in mining of oil and gas in Canada is one of the safest and sure-fire ways to cash in on your hard earned money.
Right now this is an extremely hot commodity to invest in and some of the trusts pay extremely high dividends.
-Annuities: Another great investment option is an annuity.
Basically how it works is you pay an investment company a large sum ($20,000 for example) and they return the amount monthly plus the investment profits.
All three of these options are safe, secure and sure-fire ways to cash in on your investment money.