verruckterBaum said:markswi816 said: like for a yr or so.. any serious recommendations? mutual funds, some sort of stock, etc etc???


Nope, anything with rates significantly higher rates than CDs will have a substantial chance of losing money in the course of one year.

so what would you recommend then

pumpkin futures. remember to sell before oct 31!

DirkDIggler said:pumpkin futures. remember to sell before oct 31!

do you have a link or whatever for this so i can read about it

verruckterBaum said:markswi816 said:verruckterBaum said:markswi816 said: like for a yr or so.. any serious recommendations? mutual funds, some sort of stock, etc etc???


Nope, anything with rates significantly higher rates than CDs will have a substantial chance of losing money in the course of one year.


so what would you recommend then

I would recommend you get a longer time line than one year before you start investing beyond federally insured savings/CD accounts.

im just used to the short term investments ya know. i am willing to go beyond the year mark or what have you, i just want to make sure its the right investment and i dont lose anything. so in your opinion, beyond the year mark, what would you recommend then

Beatnitup said:

Take a look at the I-Bonds threads.

you are right, I should not have said CDs, I should have said CD/savings/checking/FDIC insured accounts

take a look at rewards checking accounts (which I consider in the CD/savings type class of investments.

6%>4.4%

markswi816 said:DirkDIggler said:pumpkin futures. remember to sell before oct 31!do you have a link or whatever for this so i can read about itYou didn't have to go far down the thread to figure out he's not ready. That's the funniest thing I've seen in a while

verruckterBaum said:markswi816 said:

im just used to the short term investments ya know. i am willing to go beyond the year mark or what have you, i just want to make sure its the right investment and i dont lose anything. so in your opinion, beyond the year mark, what would you recommend then

you are not ready (see what I bolded)

Yep. If you're not willing to take some risk then you won't do much better than CD or bond interest rates. What are you investing for anyways? Saving for college, a house, retirement? If you need a place to put money that you're going to use for a home down-payment in a year then CDs or something similar are the most appropriate choice. If you're in your 20s and are stashing away money for retirement then you're screwing yourself over by not investing more aggressively.

markswi816 said:it is not that im not ready. i have the money, i just am not sure on where to go with it. thats the only problem. figured i could get some serious replies here or some helpful tips

Again, what are your goals? If you're going to need this money in a year or two then you should stick to something with low risk & good liquidity. Higher risk investments are more appropriate if you won't need the money for a while.

Let me chip in with more on your requirement that you "don't lose anything".

You WILL lose something. It's inevitable. Let me explain.

Whenever your investment earns 2% and a competing one earns 10%, you have lost 8% through investing in a lower-returning vehicle. That's called Opportunity cost.

Whenever your investment earns 2% and inflation is 4%, you've just taken a 2% hit.

In addition, growth-type investments are geared for being worth more over the long term. Having a quarter or two of negative returns are expected and no issue as long as they're more than matched by other quarters of growth.

Your issue is that you want to have your cake and eat it too. CDs, money market, and savings/checking accounts pay very little. Partly this is due to the liquidity of all except the CDs (i.e., you can get any or all of your investment back with no fees and no hassle any time you like). But a lot of it is the appeal that you cannot lose money from them. No floor, but a low ceiling.