Got an investment book coming in the mail. Meanwhile, I've got some money that's just sitting. No, I can't sink it into a Miata (some day). I'm maxed on my Roth and not sure if I'm going to need the cash in the next year or so. Is my only option basically to put it into a CD? Not really looking into putting it in the market ATM. Sitting in savings, the money's doing a whole lot of not much at all.
Thanks...
There's a lot you can do with it--stocks, bonds, mutual funds, a mix, etc. Seriously, the Complete Idiot's Guide investment books have been helpful. They even have books geared toward certain age groups.
Not to join the alarmists but with the potential of a double-dip recession gold may be a good choice, at least in the short term. Then after the real recovery comes then you can look at an age and risk appropriate investment.
I'd recommend bonds or CD's. Both are safe. You won't earn much on either though.
Flip cars. The return is eleventy-billion times better. Failing that, CD's or Treasury Bonds. I wouldn't touch a State or Municipal Bond with a 10ft pole right now. I would buy Ford Bonds though.
David S. Wallens wrote:There's a lot you can do with it--stocks, bonds, mutual funds, a mix, etc. Seriously, the Complete Idiot's Guide investment books have been helpful. They even have books geared toward certain age groups.
these folk do a pretty good job of steering you without to much of an axe to grind...
