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What's a good $5,000 investment for a <2 years?

baseball cards!
no seriously dunno we need more background

risk ur willing to take? (no risk=money market)

personally me being a student w/ a long while to retirement id buy say nasdaq index fund (like qqq)

 
If you want to be a little exotic, but not *that* exotic, consider buying silver. Silver is pretty much at it's historic low. By historic, I mean history of the world. It's never been cheaper.

I remember when $8 - $9 per oz. was considered a good deal. Right now you can get silver for $4.50 oz. As with any advice on investments, there is no guarantee that silver will be worth more when you sell it later on. But it does have the advantage of liquidity.
 
I wouldn't buy gold or silver. Precious metals performance over the last decade has been pretty bad. There is enough gold and silver going around that it isn't likely to jump in value. Just what I have read several places. One source was Kiplingers Practical Guide to Investing book, check it out.

2 years means you are not likely to get a huge return. CD's would be my suggestion, they will basically nullify inflation and keep your buying power in place. Hopefully the money experts will be along shortly with better suggestions.
 
Nobody here subscribes to the Human Capital Model?....how about additional education and/or training as an investment?
 
Two years is not a very long time to invest, that being said, you are going to want to stay low risk. CDs are probably your best bet, but at 3%, its not much return, especially after taxes, but it's better than nothing. Or, if you dont need the money at the end of two years, put it in a Roth IRA.

--Ben
 


<< Nobody here subscribes to the Human Capital Model?....how about additional education and/or training as an investment? >>



Uh...quoting myself:

"Alright...well, I'm a student but on scholarship. "

🙂
 


<< I wouldn't buy gold or silver. Precious metals performance over the last decade has been pretty bad. There is enough gold and silver going around that it isn't likely to jump in value. >>



That's the idea. Buy low, sell high. Most mining stocks have done pretty freaking well over the past two months, but they're still undervalued. Go look at the charts.
 
You could probably get the highest rate in the stock market, however that is an unguaranteed return unlike a cd or something. If you don't want to risk the loss, stick it in a cd and you won't have to worry about it. You should check out your local credit union. They are federally insured, and you'll find significantly higher rates compared to that of Bank of America, etc. Otherwise, open an account, buy an etf. (exchange traded fund) The fund will appear as a stock and track the underlying market assets. QQQ was already mentioned for the nasdaq, but SPY and IVV are both S&P 500 funds. Check out ishares.com for other types of funds that track other markets, industries, etc. It all boils down to risk vs. reward, you decide.
 
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