WHAT WOULD BE THE BEST THING TO INVEST IN OVER A SHORT PERIOD OF TIME (2 YEARS), THAT ISN’T TOO RISKY?

I have the tiny volume of income which I’d similar to to invest, though I do not wish to do anything as well risky. What would be the most appropriate approach to have the distinction upon the income I have in about 2 years?

{ 6 comments }

do.drop May 21, 2011 at 11:25 pm

cd’s. (banking)

tweak May 21, 2011 at 11:54 pm

there is a bank that gives 5% intresest monthly, called ingdirect and u can do all the transfers online. i have about 3500$ in my account and gain almost 200$ a month.jus from the intrest on it. it is a legit bank and safe. u can access them from the website

Tricia May 22, 2011 at 12:47 am

I would agree that ING is a good bank. I also have an account there, but Tweak is way off. The interest rate has fallen below 5% to a little above 4% right now I believe. You could get the exact figure off of the website at ingdirect.com. There is no way he is getting $200 dollars a month from a $3500 savings account at 4 or 5%. More like $10 or $12 a month. They also have CDs, which the first person suggested and will probably have a better rate, but you cannot touch the money for the time specified by the CD you pick. You’re not going to get super returns on either of them, but they are incredibly safe and stable. The CD will be guaranteed. The savings account APR is variable, but you can access the money and there are no minimum account balances at ING should you need the money in an emergency.

money4richer May 22, 2011 at 1:35 am

Bank FD or CD are not risky but their interest are also low,chose a good Mutual Fund with a good record instead, it will give you a good return in 2 years,
Mutual Fund are also regarded as an Investment for Risk averse person.

anonymous May 22, 2011 at 2:25 am

2 years isn’t short term, buy E*Trade shares… it has 4 years P/E ratio

Smart Investor May 22, 2011 at 2:43 am

LOL
I got the exact figure off of the website at INGDIRECT.com. :-)
Earn more with a 4.20% Annual Percentage Yield
Reach your savings goal faster with a 12-month CD at 4.70% APY.

$3,500 + 4.70%APY= $3,664.5
or $164.5 profit per year
$164.5 / 12 = $13.7 a month
LOL
Tweak, do you really have account in IngDirect?
I doubt…
Go to school and learn how to use calculator! It’s worth it!

*************
My bank has payed me 10% per year. That rate was too low for me so I’ve invested $10,000 in small business. Now I am getting 5% a month ($500). This is not so much and I am going to start more profitable business.
*************

Stephanie.mikesell, please email me to receive a valuable advice for free. I am in a very good mood today. :-)

Best of luck!

Comments on this entry are closed.

Previous post:

Next post:

http://www.maxprofitsinvest.com