2007-03-27 02:57:59 · 4 answers · asked by Anonymous in Business & Finance ➔ Investing
I relatively safe but uninspiring option--cds. After tax and inflation return is nil. Of course if the economy goes into a recession, unispiring options are great.
Think about the possibility of a mutual fund. Check you Fidelity, T Rowe Price. I think you meet all of their minimums.
2007-03-27 03:08:22 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Good idea to invest. If only we could all do this. Start an investment account with a bank or very safe savings agency. Invest for a longer period. Try to add regularly to your investment to establish a good financial history so that in the future you may want to borrow for a big expense. Do it asap (as soon as earthly possible) in case you are tempted to do anything else.
2007-03-27 03:12:46 · answer #2 · answered by njss 6 · 0⤊ 0⤋
3K for a CD? Maybe a DVD with the secrets to money making... ( :) )... Really, no 3K you can put in risky stock market.. Depends how much risk... If you go down South in US.. you may be able to use as downpayment for a house - better investment..
2007-03-27 03:03:56 · answer #3 · answered by Anonymous · 0⤊ 0⤋
either start a cd ladder with compound intrest through and online bank or invest it in an index fund.
2007-03-27 19:57:04 · answer #4 · answered by comic book guy 5 · 0⤊ 0⤋