What can I do to maximize my return on a small investment over 1.5 years?

Question

I am planning on popping the question in about a year and a half. I have around 2,000 dollars saved up and I was wondering if there was any investments or savings accounts that would maximize the amount of money I could earn on this 2,000 dollars.

Answer 1

well, large returns require larger risks - and this does not sound like money you want to risk.. so, I would shoot for a bank cd with a decent % return.. you may get an extra $100 bucks to blow on your honeymoon - - good luck and congrats

Answer 2

First you will desire to order some funds for emergency usually 6-300 and sixty 5 days of year gross sales or month-to-month expenditure. 2nd take a danger profile attempt to make certain how lots danger you may take. 0.33, in line with how lots capital investment you have and making an allowance for year danger profile, you allocate year capital in all risk right into a varied portfolio. this may well be made out of fixed deposits, short term coverage plans (each and every so often they'd certainly grant a return for a short term than banks!), unit trusts and shares. modern-day industry circumstances are risky. question is regardless of if or not you will desire to make investments now. in case you're interest pls digital mail me and that i will digital mail you our corporation investment outlook, the thank you to do year danger profile (attachments).

Answer 3

The money you now have saved up is not a big sum to attract any investments with lucrative returns. And, you also need to be cautious as you may not want to risk losing some or all of it. Solution: place it as a CD!

Answer 4

Pfft.

Investments = Risk.

Savings Accounts = http://www.moneysupermarket.com/savings/

And who the hell plans that far in advance. Jesus christ. Either ask the question now or you never will.