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2007-08-28 14:46:13 · 6 answers · asked by Anonymous in Business & Finance Personal Finance

savings up for something wise.

2007-08-28 14:46:38 · update #1

6 answers

Put it in a CD, if plan out how long it may be until you're going to need it and get a bunch of CD's at the bank, you gain massive interest on them in as little as 3 months, but if you withdrawl the money early you get a heavy penalty fee that sometimes takes out part fo the origional amount you invested. As far as I know CD's go anywhere from 3 months to 13 years, the 13 year one doubles your money over the 13 years.

2007-08-28 14:55:23 · answer #1 · answered by cyclones_rul 3 · 0 0

I opened a savings account and specifically told the bank NOT to connect it to my debit card. That way I have to go to the bank to get the money.

2007-08-28 22:10:10 · answer #2 · answered by STEVEN F 7 · 0 0

Most people will tell you CD here. which is ok if you're really so bad at controlling yourself., If you're a little better, I'd go with silver, or invest it somewhere safe (like reselling season tickets to a sports game)

2007-08-28 22:46:49 · answer #3 · answered by Smartass 4 · 0 0

Hide it somewere

2007-08-28 21:55:55 · answer #4 · answered by nancy21_50588 2 · 0 0

Savings where it would be not easily accessible....

2007-08-28 21:58:46 · answer #5 · answered by ablockgurl 4 · 0 0

put it on a cd

2007-08-28 21:53:39 · answer #6 · answered by earth angel 4 · 0 0

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