the best investment!!!!!!!!!!!!!!!!!!

[jdgay22]

what is the best short term investment if short term was a 1-2 year span

[autoxer]

Re: the best investment!!!!!!!!!!!!!!!!!!

With that short of a term, I would eliminate all risk and use a high yield savings account. Otherwise you might be forced to sell when something is down, just to access your money.

[Broken Arrow]

Re: the best investment!!!!!!!!!!!!!!!!!!

Define "best"?

If you mean "the safest", my vote is for CDs.

If you mean "the most aggressive money maker", my vote is with international or penny stocks.

If you mean "best use of money in the short-term", my vote is with either IRA or paying down debt, especially CCs.

[msnln]

Re: the best investment!!!!!!!!!!!!!!!!!!

If you have high risk tolerance, I would take stab in options or futures market. I think they are mostly gamble but chances of returns (and losses) are highest of any "short term investment".

[Roupey03]

Re: the best investment!!!!!!!!!!!!!!!!!!

Me personally I would use an ING or other high interest online bank.

[jmjj215]

Re: the best investment!!!!!!!!!!!!!!!!!!

If you mean "best use of money in the short-term", my vote is with either IRA or paying down debt, especially CCs.

An IRA for the short-term?

[JBinKC]

Re: the best investment!!!!!!!!!!!!!!!!!!

Return is all about risk. Right now I would be taking advantage of this stock market pullback in selected energy stocks as I really don't see the fundamentals changing in the sector over that time frame.

[Broken Arrow]

Re: the best investment!!!!!!!!!!!!!!!!!!

An IRA for the short-term?

Forgive me for the poor wording. IRAs are obviously long-term investments, but I was thinking along the lines of maximizing its contributions, which as you know, has to be done within a year or so's timeframe (before April 15th anyway).

[Crystallas]

Re: the best investment!!!!!!!!!!!!!!!!!!

Best short term investment, get a 2nd job.

[jmjj215]

Re: the best investment!!!!!!!!!!!!!!!!!!

Forgive me for the poor wording. IRAs are obviously long-term investments, but I was thinking along the lines of maximizing its contributions, which as you know, has to be done within a year or so's timeframe (before April 15th anyway).

Ah gotcha!

[Duchesse]

Re: the best investment!!!!!!!!!!!!!!!!!!

The best investment is always the safest. I vote for CD's and T-bills.

[Ima saver]

Re: the best investment!!!!!!!!!!!!!!!!!!

I vote for CD's too, even though I don't have any.

[sweeps]

Re: the best investment!!!!!!!!!!!!!!!!!!

The best short-term investment may be CDs, but the best long-term investment is stock funds.