good afternoon
I just got six thousand dollar.and I dont know what to do with it.I am studding right now and I dont need to spend any money until I done with my medical board Exam after fife month where I need the money to apply for residency in the hospitals and may be I move to new York where more chance to me to get residency there..which I hope in plastic surgery.is any body out there can give me advice how I can invest my money so I can find some money in my hand after I done with my medical board Exam.and before going to new york city.
thank you
2007-12-13 09:36:27 · 11 answers · asked by s a 1 in Business & Finance ➔ Investing
i guess medical school didn't teach you how to pluralize.
2007-12-13 09:41:26 · answer #1 · answered by Chris 3 · 1⤊ 0⤋
You better save the money to put towards all the malpractice suits that will be filed against you. If your spelling and grammar is any indication of the quality of medical care you will provide for your plastic surgery patients I feel sorry for anyone who goes to you. Personally I think your just being facetious about the whole thing. No one proposing to take the board of medical practitioners exam has atrocious linguistic abilities such as you.
2007-12-13 17:50:03 · answer #2 · answered by Anonymous · 0⤊ 0⤋
you can buy short term money market CDs that will return a few % better than a savings accout, but there is a penalty for early withdraw. For five months and six grand, I would just put it into ING or another online savings accout. I heard of another online savings account with better interest, but can't remeber the name.
Or you could buy some stocks from an online broker, but with reward there is risk.
2007-12-13 17:42:50 · answer #3 · answered by Joechicago 2 · 0⤊ 0⤋
For short term like that (just a few months), buy a 5 month CD. You may have to shop around to find a "5" month CD. Shop around for the best interest rate, too.
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2007-12-13 17:42:00 · answer #4 · answered by tlbs101 7 · 1⤊ 0⤋
Sounds like you need a short-term cash investment with minimal risk. Try a certificate of deposit offered by a bank. Your investment is insured, so you're guaranteed to get your money back. You should earn about 5%.
2007-12-13 17:41:16 · answer #5 · answered by Ego 6 · 0⤊ 1⤋
Invest and save! Get that money in the bank. Maybe a CD. Don't spend it or take it for granted. You'll need it later. Every penny counts.
2007-12-13 17:41:14 · answer #6 · answered by Mary 2 · 0⤊ 1⤋
Well doctor send your money to me and I'll hold on to it so you don't lose it :)). Actually I just wanted to suggest you apply to do your residency at Albany Medical Center in Albany New York . Check it out on-line , I'm sure you will be impressed. Merry Christmas !!!!
2007-12-13 17:41:32 · answer #7 · answered by Anonymous · 0⤊ 1⤋
Visit Edward Jones, their representatives will sit down and help you put your money in the type of investment that will suit you in the long run. Ignore others nasty comments.
2007-12-13 18:16:15 · answer #8 · answered by BusinessLady 2 · 0⤊ 1⤋
Don't invest your money, put it in a high intrest bank account. Say mabey 8% intrest. By next year you'll be up $480.00 and it won't require any work or risks.
2007-12-13 17:47:43 · answer #9 · answered by C0D3T4LK3R 2 · 0⤊ 1⤋
Send it to me. I'll take care of it for you.
2007-12-13 17:43:49 · answer #10 · answered by Gallo 3 · 1⤊ 0⤋