What is the best way to invest money at this time?

by Ed Yourdon

Question by Navan: What is the best way to invest money at this time?
I know that there are quite a few people out there that invest in the stock market. The way the stock market is going I have lost money, my question is. Can anyone please advise me, what is the best way to secure money at this time and get the best % rate in return down the road?

Best answer:

Answer by interkonetix
I think one of the best ways to make your money “work” is to simply reduce debt – if you have any.

By overpaying monthly on your mortgage or paying off a lump sum you can save a substantial amount in interest payments over the long term.

Depending on where you live and your situation, the other good investment long term is to improve your house, or move a notch up on the property ladder.

Good luck!

Add your own answer in the comments!