and why?
2007-01-25 12:21:58 · 8 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
Put it in a CD. Check out www.ingdirect.com You won't loose any of the money and you'll make a handsome interest rate.
2007-01-25 14:42:36 · answer #1 · answered by Anonymous · 1⤊ 0⤋
Just a good money market account, safe, get some interest but it is liquid or a good 12 month CD (CDs are not liquid in case you need it before a year is up you will pay a stiff penalty).
Don't put it in mutual funds, those are for long term investments (over 5 years).
2007-01-25 21:16:51 · answer #2 · answered by mldjay 5 · 2⤊ 0⤋
One year is not a lot of time, and I wouldn't recommend putting your money at risk into equities. I personally would put the money into a 6, 9, or 12 month CD.
2007-01-25 21:43:01 · answer #3 · answered by soflymatt 1 · 1⤊ 0⤋
A year is not that long, so you wouldn't want too much risk.
A high-interest savings account or 12-month CD would be smartest.
2007-01-25 20:49:46 · answer #4 · answered by Anonymous · 2⤊ 0⤋
I would put 70 percent in a CD and the other 30 percent I would put in a money market account.................
2007-01-26 17:52:52 · answer #5 · answered by Laughing 4 · 0⤊ 0⤋
give it to the first person who replies on this page!
2007-01-25 20:29:12 · answer #6 · answered by Cardinal Rule 3 · 1⤊ 0⤋
Invest it in Forex trading to get more returns after one year.
http://money-review-site.com/investment.html
http://www.money-review-site.com
2007-01-25 20:47:52 · answer #7 · answered by Anonymous · 0⤊ 2⤋
$500,000.00
2007-01-26 03:21:20 · answer #8 · answered by Anonymous · 0⤊ 1⤋