Best way to invest 10k over 2yrs?

Hello,

I am starting university in approximately 1 week and I currently have ~$20k saved up ($10k from working and $10k from an educations savings fund). I am looking to invest $10k of this for approx 2 years. $10k should be enough to get me through the first two years of university as I have been given a scholarship covering most of the tuition costs and I will be living at home during this time without rent. Also I will probably make over $3k during my summer vacation between the first and second year so money putting away $10k is a wise choice imo. I would be very appreciative of your opinions on how I should invest this.

Thank you,
Matt.

CD's ? Not on my life! Go to a broker on-line and get into a few mutual funds... you can be " cautious" and still make twice any CD rate!
Check the Fidelity web-site...call if you need help...reps are not " hard sell."..and can be very helpful.
Look into a " global balanced" fund...but put 15-20 into something more aggressive ...Emerging Markets...
Or....put half in some CD and invest the other half ...check on your returns in 9 months...I'm betting you'll be looking to cash that CD in ASAP.

Since you are only looking to invest for 2 years, I would suggest putting the money into a good online savings account.
There are some out there paying 5%, which is a good rate for savings.

Here's a site that compares online savings accounts...

http://www.emoneycentral.com/savings-rat...

Since you need it at a particular time, and that's not real long from now, I'd put it in a CD. Investing in something like stocks could make you more money, but if your holdings are down when you need to pull the money out, you'll be out of luck.

If you are really just looking at 2 years I would just put it in a CD at your local bank. Congrats on taking life seriously and taking care of business.

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Invest in Exchange Traded Funds :ETFs are cheaper than mutual funds. ETFs have very low annual expenses, nearly 20 basis points or 0.2% less. As against this, actively managed mutual funds show average expenses exceeding 135 basis points (1.35%). This does not include the extra 2% - 5% as loads, 12(b)-1 marketing fees, transactions costs, and soft dollar expenses mutual funds, passed on to you but never informed, except in very fine print that nobody cares to read.
http://debts-to-wealth.com/category/Why-...