 How we can benifit from forex? |
| I am going to invest & need your valuable suggestions.... |
|
 Where should my retired parents invest their money? |
| My parents have been retired and have a pension in the stock market. They draw a monthly income from it, but have been losing money. What other type of investments can they put their money in without ... |
|
 I have $1000? |
| I have $1000 , What is best way to grow it ?... |
|
 I have 40,000 dollars to put away.? |
| I have 40gs check to put away. I dont want to leave it in the U.S. because the economy is soon going to collapse...what should i do with it? No investments please..I want to open an account in a ... |
|
 My son has invented a magic brush, where will he get? |
an investor to develop and market it?
Additional Details
Edit:
He assures me that if you sit on it when
the moon is full it can fly.... |
|
 Good time to buy stocks? |
| My husband is just jumping into his 401k (I believe it's a portfolio of stocks!) and buying stock through his company, which is doing great right now. Is this a good time, as long as we keep our ... |
|
 If I want to start investing...? |
| I want to begin investing in stock. I have quite a lot of money to put into an investment however I don´t know where to start as I´ve never done it before. Can anyone advise me if it is sensible ... |
|
 Is it true that Forex systems work automatically? |
| Of there is a system that work automatically or in a simple way then lat me know. I am interested in FOREX but i know that it is complicated and i what to start whit something simple. T... |
|
 I have about £50k to invest but am thinking the best return would just to be to pay off some of the mortgage? |
| My mortgage is up for renewal on the 1st November and don't think there is any saving scheme that can beat what I would be paying in interest on the property after tax? I have maxed out mini ... |
|
|  |
jnk686 | Is a CD a good choice to invest our wedding gift money? |
I recently got married and we got mostly money like we asked for, but I want to make sure that this money is invested wisely for our future. I like ING Direct and was looking at their CDs at a 3.75% apr rate and thought that it may be a good idea to invest a large portion of this money there, as we probably won't touch the money for 6 or 12 months. Any suggestions to other means of investing our money. I am a conservative investor and would only put the money in something guaranteed.
Additional Details
total amount = $2500 |
 |
 
Tom S
|
This depends on the time horizon for your investment - but given that you will most likely need the money in 6 to 12 months, I believe a CD is appropriate at this time.
I personally bank using ING Direct, and their 3.75% APY is among the higher yields available. If you are most comfortable using ING Direct, then I see nothing wrong with investing with them.
I actually just opened two 12 month CDs with GMAC Bank because their yields were just a bit higher at 4.20% APY. I just checked now, and it looks like their 12 month yield is now sitting at 4.10% APY. Their online banking appears to be similar to ING's, and of course, is FDIC insured.
Congratulations on the recent marriage and good luck! |
|
Tiffany Fawn
|
I have a CD, and it's a great way to save money
You have a CHANCE at making more in the stock market, but if you're like me you see that as gambling... with more experts.
Look around though, because my CD was at almost %5 |
|
Rabbit
|
If folks gave you and spouse a combined total of $2500 after or because of the marriage, that is traditionally to help you for things like the honeymoon or moving in together, etc.
As for me, I know a couple of credit unions that would safely give you that kind of interest, no strings like with a CD. My town literally has a couple of dozen different banks and half of them would give a comparable amount in a common savings account.
Don't sweat it, just do what friends and family expected, make the transition a little easier. It is never a waste to spend money on living expenses or little luxuries when the givers intended for you to spend it for that. Congrats, by the way. |
|
Alex
|
I would definitely consider investing it into a CD or some other vehicle, such as an MMA.
If you're not going to touch it, why not put it into something, and let it sit and earn interest? |
|
es
 |
That time frame is a short term investment. A CD is safe, insured, and good for your time frame and risk tolerance. Hope you have a happy, long married life together, and your nest egg grows! |
|
Uncle Leo
 |
A federally insured CD is probably your best bet. The amount of money ($2500) is too small to open accounts with many money market funds, and the CD has a better yield anyway. |
|
dedman487
|
right now with the economy a CD is probably the safest way to store any kind of money i wouldn't recommend it if you don't have ALOT i would suggest a CD for anything over $500 though and 3.75 is a decent rate and is government insured and is in my opinion the best way to go. |
|
BGTONY
|
looking at stuff today
i would just keep in a box somewhere in ur house |
|
Dhgfh G
 |
NO, INFLATION RATE IS HIGHER AT 4.01. GET EDUCATED! |
|
rock_man
|
convert it into gold and sit on it |
|
jessicatie2008
 |
well how much montye are you talking about |
|
ll <3 II
|
nothing is guaranteed with this economy...
buy things you need for your house with the money... |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
12 | 10 minutes(s) ago
| | | |
12 | 43 minutes(s) ago
| | | |
12 | 3 hour(s) ago
| | | |
12 | 7 hour(s) ago
| | | |
1 | 9 hour(s) ago
| | | |
14 | 11 hour(s) ago
| | | |
12 | 1 day(s) ago
| | | |
12 | 5 day(s) ago
| | | |
12 | 1 week(s) ago
| | | |
11 | 3 week(s) ago
| |
|
Homepage 
Financial
Forum 
Investing 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
