What's the best short term investment?
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archy Apprentice
Joined: 02 Feb 2005 Posts: 18
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Posted: 10/10/07 - 08:15 Post subject: |
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| Hi. I am hoping to get some of your opinions. I have some money stashed away for emergencies. While this money, as you have noticed from its purpose, might need to be quickly and suddenly accessed, I at the same time would like to use it for some short terms investment. Do you have any suggestions for me? What are the best short terms investments? |
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gloriane Apprentice
Joined: 26 Dec 2004 Posts: 6
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Posted: 11/22/07 - 01:57 Post subject: |
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| You could probably put the money into a Money market fund and do very well out of that. It is most likely your best option. These funds are quite safe, low risk and medium gain. You can withdraw the money you have deposited into them at short notice too. So I would advise you to further research this option. All the best and good luck. |
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