What should I do with my money?

I'm a Junior in college and I'll be graduating next year. I have some cash for a downpayment of land and equiptment I need to buy inventory for my dog sled business. Should I invest in land now or wait 2 years when I'm out to purchase it?
I have it in bonds and cds now collecting interest. Should i remove it and place it in stocks, or keep it where it is, collect interest and wait?

so basically the question is invest in land, bonds, cds, or stock.... or is there something else i can do with it?

Investing in stocks is more risky than what you already have. If you cannot afford to loose, do not put into stocks, unless you find some nice low risk fund families that you really like.

Buy the land now only if you are sure of the location, and you feel that if you need to, you can sell the land for more than you paid for it. Buying land is buying debt unless it increases in value while you own it. You will have to pay annual taxes on the land, there is an added expense -- without the immeadiate income. A one yr CD at 5% yield might work out better for now.

You are in school, is there a course in financial management and investing there? Maybe a student in that field would like the opportunity to do research for you, as a real life scenario?

This is a real question that you have, and if you act upon a bad answer, you could lose a lot. Consider contacting a financial professional, like Fidelity, or Schwab, etc. Try looking around at www.crown.org. They're good people over there. They offer great advice on the radio.

also see the montly fool on line. Report It

When it is paid for, you just have to pay the taxes.

When it is financed, you can always have issues making the payment.

Land is like an investment of its own, you can't go wrong with that unless its crap land nobody wants.

Now is the best time for purchasing property because we are in a buyers market with the home and property depressions.

Make sure you go with an experienced person to see if the land best meet your needs.

try to save your money for as long as possible without risking a loss. i would keep it where it is. but that's my opinion.

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Land is the single most profitable investment one can make!