Forums » Off-topic discussion » Noob investment question
  • procainestart

    Aug. 20, 2010 7:49 p.m. procainestart Dork

    Got an investment book coming in the mail. Meanwhile, I've got some money that's just sitting. No, I can't sink it into a Miata (some day). I'm maxed on my Roth and not sure if I'm going to need the cash in the next year or so. Is my only option basically to put it into a CD? Not really looking into putting it in the market ATM. Sitting in savings, the money's doing a whole lot of not much at all.

    Thanks...

  • David S. Wallens

    Aug. 20, 2010 8:31 p.m. David S. Wallens Editorial Director

    There's a lot you can do with it--stocks, bonds, mutual funds, a mix, etc. Seriously, the Complete Idiot's Guide investment books have been helpful. They even have books geared toward certain age groups.

    Yes, we now have signatures.

  • triumph7

    Aug. 20, 2010 9:52 p.m. triumph7 Reader

    Not to join the alarmists but with the potential of a double-dip recession gold may be a good choice, at least in the short term. Then after the real recovery comes then you can look at an age and risk appropriate investment.

  • mtn

    Aug. 20, 2010 10:44 p.m. mtn SuperDork

    I'd recommend bonds or CD's. Both are safe. You won't earn much on either though.

    there’s a lot of debate on this subject—about what kind of car handles best. Some say a front-engined car; some say a rear-engined car. I say a rented car.

  • P71

    Aug. 21, 2010 8:46 a.m. P71 SuperDork

    Flip cars. The return is eleventy-billion times better. Failing that, CD's or Treasury Bonds. I wouldn't touch a State or Municipal Bond with a 10ft pole right now. I would buy Ford Bonds though.

    Michael Pinto - 73 AMC Javelin / GoKart / 93 Miata STS / 01 P71 Interceptor

  • wbjones

    Aug. 21, 2010 8:54 a.m. wbjones Dork

    David S. Wallens wrote: There's a lot you can do with it--stocks, bonds, mutual funds, a mix, etc. Seriously, the Complete Idiot's Guide investment books have been helpful. They even have books geared toward certain age groups.

    these folk do a pretty good job of steering you without to much of an axe to grind...

    http://www.fool.com/

    understeer: when you hit the wall with the front end,,, oversteer: when you hit the wall with the back end.... horsepower: how hard you hit that wall.... torque: how far you drag that wall

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