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Additional Details
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deer | Can I invest $2000 for five months and get a good return? |
What is the best to invest in?
Should I just put it in a savings account? |
 |
 
Steve
 |
You can invest $2000 and may get a good return if you don't limit it to 5 months. For short duration, CDs & money market funds are safe invetsment, however you won't get a high return. |
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justbeingher
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2K is not enough to do anything with except save. Capital One has a 5% APY Money Market that you can apply for online. |
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crim
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Yes start small in the market and that's a nice block to buy 3 or four stocks. Look at energy, tech and select financial and materials stocks
HES; HSY; WB; BAC VMC OXY IBM JDSU among others HCSG; MDT; JNJ ETP SUG
keep your winners and sell any stocks that lose 10% start small make money have fun. |
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redd headd
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You can get 6% from gmac demand notes. this is a program that GM employees use as a money market fund. It has $250.. checking and you can link it tio your local bank. http://www.gmacfs.com/us/en/business/investing/demandnotes/index.html |
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Darby
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Check out INGdirect. A basic savings account pays about 4.5 percent interest. I'm not sure what the minimum duration of a CD is, maybe 6 months, and you may get 5 percent interest. |
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AFRICANMAN
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u can buy a 5 month cd. or u can just buy stocks on the days they are low, and sell them when they are high, if u pay attention, u can make that money about 2,500 in 5 months. |
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therealfreddy_p
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i started invest with $2000 in stocks but i am not in for the shot term. stocks are long terms. u want 5 months sort get a CD or savings or money market |
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Smartass
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What do you consider a good return?
Savings account or any CD would give you 5% a year, so 5 months would be less than 2.5%. That's only $50, you might as well save 50 cents a day.
I'll give you my case, remember August 16th? The great stock market crunch? Everything went down, stocks, commodities, interests went up.
Since then, I bought silver at $11.33 an ounce, today it's $12.60+ an ounce. That's more than 11% in less than one month! Consider putting half to all your money is gold and silver, you can buy them on eBay, it's more than likely you can get 10-15% within 3 months, 5 months is just too safe. |
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jen
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Think seriously about OBCHX, a China fund, and China is huge right now, especially with the Olympics next year. Look at steady climb charts, 36% YTD, better than any 5.0% APY at a bank |
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raj k
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Hi Friend. Mutual Will be best.But we cannot predict the future.Just take a look at the below link to get free information regarding stock market. |
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