Usually you can buy an investment anytime… but the window for this one closes in just a few days.

It Pays Up to 10% a Year… But ONLY if You Invest Before May 5

Without a doubt, it’s among the oddest investments I’ve researched.

Normally I’m poring over classic income securities — stocks, bonds, funds, and the like. I’m concerned about payout ratios… interest rates… economic forecasts.

This investment is different. You won’t find it on any exchange, and you won’t find a price chart. But don’t worry, it’s simpler to understand than any stock. Best of all, we’re guaranteed not to lose money.

You read that right. We won’t risk a dime. The downside is capped at 0%.

In return for that safety, the returns are capped at 10% per year. Considering this is as safe as your savings account, a possible 10% annual return is nothing to scoff at.

What I’ve found is a certificate of deposit (CD). But it’s not a run of the mill version you’d find at your local bank. Today, you’re lucky if regular CDs pay you more a couple percent.

That’s not the case here.

This CD is offered by EverBank — a specialty bank that offers many securities you can’t find elsewhere. The official name is the MarketSafe Diversified Commodities CD.

It’s indexed to a basket of commodities. The five-year CD tracks the spot prices of a basket of 10 commodities (WTI crude oil, gold, silver, platinum, soybeans, corn, sugar, copper, nickel, and lean hogs).

See a hypothetical 5-year performance of this CD»

Find out why this is a safer choice for commodity investing»

If these commodities gain ground, at the end of five years you get your money back plus the sum of each year’s average return. If they lose money over that time, you simply receive your principal back.

As a hypothetical example, this CD would have returned a total of 27.2% after five years if it had been issued on January 1, 2005.

That’s much better than a savings account… with roughly the same amount of risk.

Like other CDs, this product is not exchange traded. Investors must open an account with EverBank directly. And like other banks, EverBank is FDIC insured. The minimum investment for this CD is $1,500 and the bank charges no account fees. The funding deadline for this particular product is May 5, 2011 and the issue date is May 17.

Many investment advisors recommend diversifying a portfolio with commodities. But prices of the world’s basic necessities are very volatile. These are hardly the risks a late-stage investor wants to take on.

But there are solid arguments for long-term demand growth for commodities, and thanks to EverBank, there is now a safer way to get exposure to the commodities market… without risking a dime.

[Note: Be sure to keep an eye out for next week’s Dividend Opportunities. I’ll show you how to earn more than $1,260 every month in dividends]

Always searching for your next paycheck,

Amy Calistri
Chief Investment Strategist — The Daily Paycheck

P.S. — You can learn more about this certificate of deposit by clicking HERE to visit EverBank’s website.