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The time now is 01/07/09 - 19:54

Where can I put my money 6 months to less than a year?


RealCool.BIZ Forum Index -> Finance -> Banks and Banking

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giusto
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Joined: 24 Sep 2007
Posts: 3



PostPosted: 11/06/07 - 08:15    Post subject: Reply with quote

I have inherited some money last month. It was completely unexpected, I hardly knew my cousin that left me money. I have been planning to travel abroad but I had some problems and I had to delay my travel for six months, maybe more. However, I am positive it will be less than a year. This is way I would like to know what I should do with this money in that period.
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fielding
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Joined: 05 Jun 2004
Posts: 5



PostPosted: 12/05/07 - 22:56    Post subject: Reply with quote

You have plenty of ways to solve your situation. You can open a saving account and put in bank. The other option is to invest. Personally, I would choose investing, because I do not like the fact that I have money and not doing anything useful. You have to know that there is a lot of risk involved. Therefore, if you do not have any experience in investing, you should hire a good financial adviser and decide what to do with your money.
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