Does anyone know of any good ways to invest money and actually make some profit each year without any risk? The banks that I am dealing with will give 5% on the money at max, does anyone know of any ways of making 10 or 15% of a return each year?

Thanks,
unowho

Is this a joke?

No, quite serious actually.

Either spend a couple of years becoming an expert on investing or hire an independent financial adviser to do the work for you if you have a decent chunk of change.

A few things to keep in mind:

1. It is a much better strategy to get rich slowly than to get rich quick.
2. If something sounds to good to be true, it definitely is.
3. Interest rates are pretty low right now.
4. Holiday consumer spending is projected to be dismal.
5. Commodities like oil and gold are going through the roof.
6. Annuities are never a good investment no matter how good the ads make them sound.
7. There is a huge lack of liquidity in the market due to the recent housing bust.

I could go on for a while. Those are some real basics. If you aren't interested in spending an hour or two a day keeping your finger on the pulse of the economy (and that's after you learn the ropes), just hire someone. And I said independent before because an adviser who isn't independent will just be a salesman looking to line his pockets with commissions instead of working for you.

Send all your money to me and I will guarantee a 15% profit with absolutely zero risk.

Whatddya know, The Rabbi is FDIC insured.

There is no such thing as an investment with zero risk.

Invest in my mutual fund and you'll find out otherwise.

sure, what about investing a computer printer that prints dollar bills?

Oh wait, that has risks of being arrested for counterfeiting. Then again, this plan is about as realistic as....

As well as the risk of the printer malfunctioning, the US changing the dollar bill design and cancelling current designs, the US dollar losing all value due to some odd reason, the possibility that they will stop making ink cartridges for that printer model, inability to get more paper, loss of electrical service to the entire planet, etc.

Note that while most of these risk are negligible, they are not zero risk.

nice pickup line

Your post belongs in Bull Session.

I suppose I could go to jail. But they'd have to find me first.

I repeat. There is no such thing as an investment that has zero risk. If Hashem would open up a banking & investing branch, that would be different. Short of that, impossible.

Every formula in economics refers to riskless rate of return. T-Bills should be considered riskless because in the event of default on T-Bills you'll have bigger things to worry then your bank account.

Not true.
If the OP sends me his money I will guarantee beyond the shadow of a doubt what his return will be. No risk at all.

I'm not sure why I have to explain this, but

1) While you trust yourself, what basis does he have to trust you?
2) What if C"V something unexpected happens to you? How do you know what tomorrow holds? So many things can happen.

You can consider T-Bills to be "riskless" but in fact they are not. And that's without considering inflation.

I am so sure I can guarantee his return I will put it in writing. Even HaShem couldn't guarantee better....

The OP wants both the principal and its interest.

You mean he wants money back? That's a little harder.

There is no risk-free investment. There are few investments that yield 10-15% either. His best investment is going to be a library card which he can use to borrow books on investing, esp Graham's Intelligent Investor. That's pretty well risk free....

Are you nuts? Think of all the germs and diseases he could get from library books! That's a real risk.

A serious amount of money can be made to yield 10-20% a year with relatively low risk by a combination of mutually augmenting instruments. But you have to work with $200-$300k or more, as it's time consuming and transaction costs can be substantial.

Really? It wouldn't work with only $150K?

Do you know what "transaction costs" means ?

No.

Sounds interesting. Can you please explain further?

You'll have to learn about volatility, currency exchange and many other things before you can project your views of the markets into a steady, highly probable lower digits return. The most dangerous thing on that road is that you will also learn how to yield a less steady and less probable but much higher return (60-90% isn't impossible but is of course a much riskier proposition). If you won't let yourself stray away, you should be safe and steady.