2006-06-30 18:02:51 · 6 answers · asked by Mithun Raju 2 in Home & Garden ➔ Other - Home & Garden
It depends completely on when you need it again, what risks you are willing to take, and how much return you expect. A general rule is that the easier it is, the less you will likely make.
Historically, real estate is the best investment, but right now probably not. I'd consider cash or commodities, as there is too much hubris in almost all the markets right now.
2006-06-30 18:15:16 · answer #1 · answered by lenny 7 · 0⤊ 0⤋
I would go to the bank and talk to an expert and have them tell you what different options were available. It depends on how much money you have and how much you would like to save in the future. My parents have done this and were completely satisfied. A bank is a very secure place to keep your money and it will be available to you if you have an emergency or a special need or use for the money. I hope this helps. Good luck!
2006-07-09 15:10:06 · answer #2 · answered by mandm 5 · 0⤊ 0⤋
when you mean saving in the sense that it wouldnt get spent, well put it in a time deposit account.
if you want to make it more-gamble on a business or put it on shares/buy stocks.
2006-07-01 01:07:23 · answer #3 · answered by Anonymous · 0⤊ 0⤋
depends on what the interest rates are and where inflation is at. if interest rates are high you would want to keep money in the bank. if interest rates were low you would be better off investing it.
2006-07-01 01:06:51 · answer #4 · answered by JK 3 · 0⤊ 0⤋
put it in a mutual fund, like T Rowe Price, they divercify stocks for you (I have my money in their *small cap fund and make 18% interest). Tax defered IRA's are good too.
2006-07-15 00:18:34 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Send it to me. I will hold it for you.
2006-07-08 13:32:37 · answer #6 · answered by mark c 4 · 0⤊ 0⤋