best way to invest around 15-20k?

[kalster]

duration doesnt really matter


long term or short term, either is cool

 

[spidey07]

Originally posted by: kalster
duration doesnt really matter


long term or short term, either is cool

umm, that is the key question. You have to know what your goals are first.

 

[kalster]

well that is true

i dont want the duration to be more than 5 years i think

 

[rufruf44]

Index funds. You go up or suffer with the rest of the markets

 

[DaveSimmons]

^ exactly.

For under 3 years, probably just www.INGDirect.com and their 2% savings account

For retirement, www.vanguard.com and a mix of good stock mutual funds like VFINX

 

[Passions]

why would you do a saving acct for 3yrs? wtf, go for a cd or mutant fund.

 

[wiredspider]

Originally posted by: BOBBY RIBS
why would you do a saving acct for 3yrs? wtf, go for a cd or mutant fund.

I've hardly seen any of them give close to 2% plus if you need the cash at some point, much easier to pull out of savings than some CD or "mutant" fund.

 

[darkshadow1]

split it up amongst stocks/index funds and a CD...how you split it up depends on how risky-adverse you are.

 

[conjur]

Hit the track

 

[Jfrag Teh Foul]

Originally posted by: darkshadow1
split it up amongst stocks/index funds and a CD...how you split it up depends on how risky-adverse you are.

Agreed with you until the CD. Get treasury bonds instead. Right now they have a much better return.

DOH... almost forgot the obligatory Roth IRA. Good stuff.

 

[Crazymofo]

You should invest in the Crazymofo fund!

 

[kalster]

Originally posted by: Crazymofo
You should invest in the Crazymofo fund!

that would make me the crazymofo

 

[Hector13]

Originally posted by: Jfrag

Originally posted by: darkshadow1
split it up amongst stocks/index funds and a CD...how you split it up depends on how risky-adverse you are.

Agreed with you until the CD. Get treasury bonds instead. Right now they have a much better return.

DOH... almost forgot the obligatory Roth IRA. Good stuff.

which treasury bonds are you looking at? There are not many that will beat the ~5% return you can get through penfunds CDs. Also, the t-bonds will have a good deal of interest rate risk unless you can find (and hold) 5 year maturity notes.

Oh, and a Roth IRA isn't a type of investment; it's a type of account. And it would also be the wrong type of account to use here as you won't be able to take your money out till you are 60.

 

[Squisher]

Originally posted by: wiredspider

Originally posted by: BOBBY RIBS
why would you do a saving acct for 3yrs? wtf, go for a cd or mutant fund.

I've hardly seen any of them give close to 2% plus if you need the cash at some point, much easier to pull out of savings than some CD or "mutant" fund.

Presidental Bank it was 3.00% when I first opened the account, but has been down to 2.75% for the last year and a half.

 

[MisterPresident]

Buy a few shares of Berkshire Hathaway Class B. Currently trading at around $3200 a share.

See how it compares with the Dow over the last five years here.

However, it's trading at 52-week highs, so you might want to wait a while.

 

[Ns1]

index fund for long term

mmmf for short term no risk

roulette all on black for super high risk

 

[her209]

1000 lapdances

 

[arcenite]

invest in computers <-heh

 

[plk21]

Go to a casino.


Hey, it may not work, but it's more fun than an index fund.

 

[PKPunk]

Buy 15000 - 20000 lottery tickets. No joking. I had a econ teacher who said all he ever did was buy cd's when the market was high and then switch to mutual funds/index funds whenever the market crashed. not a bad strategy considering the dow just went from 7k to 10k over the last few years.