If I had 400k to invest, what would be the best investment?
I need some sort of return from the next 2-3 years. The money is in a retirement fund and now I can buy an annuity by the fund that pays 8% per year. I can get the money but they have a 20% in taxes on the top. If transferred to certain types of accounts that do not have the taxes. Is my best bet annuity or what you would have a better idea? Thanks in advance!
There is no "best" quick response. You have to look at their total financial and personal situation. Consult a certified financial planner for an evaluation if you feel capable of deciding for himself.
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