If you have $10,000 to invest, consider diversifying across asset classes for safety and growth. Index funds offer low fees and long-term potential. High-yield savings accounts and CDs provide short-term, low-risk options. U.S. Treasuries and bonds offer reliable returns. Make your money work for you with smart investment choices.

For long-term growth, consider index funds like SPDR S&P 500 ETF or Vanguard Total Stock Market ETF. Historically, the S&P 500 averages 7%-10% returns after inflation. Short-term volatility is possible but can lead to substantial gains. Index funds diversify your investments and offer low fees.

For guaranteed returns with no market risk, consider a certificate of deposit (CD) with interest rates over 4.00% APY. Locking in part of your $10,000 ensures safety and solid returns. CDs are ideal for short-term needs. Keep in mind your funds are tied up until maturity, plan accordingly.

For flexibility, a high-yield savings account with 4.50%-5.00% APY is a safe bet. These accounts are FDIC-insured and offer easy access to cash. Ideal for emergency funds or saving for goals like travel or a down payment. Earn steady interest while keeping money accessible.

Government-backed options like U.S. Treasuries offer consistent yields of 3.00%-4.00% for short-term investments. Bonds and treasuries add stability to your portfolio, balancing risk from stocks. Allocating a portion of your portfolio to fixed securities can provide reliable income and peace of mind.

Read more at Yahoo Finance: Got an Extra $10K? Here’s How to Put It to Work for Maximum Financial Growth