What’s the best way to invest money short-term?

Question : What’s the best way to invest money short-term?
We are trying to save money for my maternity leave, which will be this July. What is the best way to invest a few thousand dollars and make it grow in this period of time?
best way to invest money

Best answer:

Answer by Ken F
look into a short term cd…..not great, but it is short term.

This entry was posted by admin on October 27, 2010 at 1:39 am, and is filed under Investing. Follow any responses to this post through RSS 2.0.You can leave a response or trackback from your own site.

Comments (8)
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#1 written by Paul U 1 year ago

Hi ,

I have what I think is a great trading system for you.
Unfortunately this system comes with so many problems that you probably won’t be interested in it….

First, you don’t ever have any losing days with this system and we never use stops so there are no losing trades.

Second, you don’t use any charts and I know how much most folks love charts….as much as I used to love them.

Third, it only takes 30 minutes a week to trade. I know that you guys devote your lives to trading so this system “just won’t do it.”

Fourth, it only makes about 20% a month in profit so it will double your money every 3 or 4 months.

Fifth, it’s not a directional trading system so it makes money in all markets whether the price goes up or down.

I was going to tell you about it but because it has all these problems, I won’t bother you with it. I’m sure you wouldn’t pay any attention to it even if you knew about it.

Paul Upp
http://www.15daytrial.com

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#2 written by Paul 1 year ago

I would suggest you to invest in good shares. Check the website http://money-review-site.com/shares.html
to learn more on shares and stock trading and how to select the best stocks.
Hope it helps

http://money-review-site.com/shares.html

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#3 written by dinu_pawar 1 year ago

trade in future with chart study

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#4 written by rklst9pitt 1 year ago

For a 5 month period, you should invest in a savings or money market account. Try ING direct or your local bank. You could put it in a short term CD too. 5 months is not enough time to safely make money in stocks, because you can’t ride out any short term decline.

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#5 written by Faazil 1 year ago

Dont take interest.You are simply a loser.You have to work and sweat n earn.Dont earn cool money and it is fixed. So dont take interest.There are better short term investments.Interest only will give you a fixed amount. You cannot maximize it. But try stocks. Its the best and highest investment.

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#6 written by gosh137 1 year ago

check out http://www.bankrate.com for the highest rates on 3 month or 6 month CD’s or money markets/savings accounts.

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#7 written by J 8 1 year ago

it depends on which country you are in. Money market instruments offer the lowest risk, while stocks and currency/ derivatives offer highest risk. In any case, you need to ask yourself how much risk you can handle, ie how much of capital you can afford to loose.

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#8 written by nsearchofstars 1 year ago

CD & time deposits.

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