Return to the Money Saving Tips Forum | Post a Follow-Up


Posted by Berk (My Page) on
Mon, Oct 25, 04 at 10:48

I am wondering if anyone has invested any $$ lately. We would like to invest a small amount from selling a home instead of leaving it in our checking.
We don't want anyhting over 1 1/2 yrs. to tie it up with, just would like to earn a little on it until we need it .
Thanks for any and all suggestions.

Follow-Up Postings:

RE: Investing???

You don't say how much you have; certain options will be open or closed to you depending on the amount. You also don't say how much risk you're willing to take or how long it is until you think you may need it (when you close on your next home? some undetermined rainy day?)

One choice that offers a decent return without much commitment or risk is certificates of deposit (CDs). You can get them for pretty much whatever timeframe you're looking at and in pretty much any amount. There is no risk to your principal like there is with stocks or bonds. If you have a lot of time, you could check out U.S. Savings Bonds. If you have lots of money, you could consider U.S. Treasury Bonds.

It's kind of hard to offer advice without additional info, but this may be enough to get you started -- or at least to figure out what you really want in an investment.

 o Post a Follow-Up

Please Note: Only registered members are able to post messages to this forum.

    If you are a member, please log in.

    If you aren't yet a member, join now!

Return to the Money Saving Tips Forum

Information about Posting

  • You must be logged in to post a message. Once you are logged in, a posting window will appear at the bottom of the messages. If you are not a member, please register for an account.
  • Please review our Rules of Play before posting.
  • Posting is a two-step process. Once you have composed your message, you will be taken to the preview page. You will then have a chance to review your post, make changes and upload photos.
  • After posting your message, you may need to refresh the forum page in order to see it.
  • Before posting copyrighted material, please read about Copyright and Fair Use.
  • We have a strict no-advertising policy!
  • If you would like to practice posting or uploading photos, please visit our Test forum.
  • If you need assistance, please Contact Us and we will be happy to help.

Learn more about in-text links on this page here