I have $2,000 I would like to save and invest. What are my options? Savings account? CD? Mutual fund?

My time frame is 3-4 years before I will need the money. What is going to give me the most return on my investment?

A mutual fund will give you the greatest return. Savings accounts and CDs are FDIC insured, but earn less than 5%. With a mutual fund you can expect to earn at least 10% a year. I invest most of my money because I want the maximum return on my money. Since August I've more than doubled my networth because of investments in the stock market. Talk to a financial advisor and they can give you some advice.

An ING Orange savings account. Great interest rates, linked to a checking account, and easy to access with no penalties if you need to withdraw it.

C.D.

Mutual fund. Take a look at flatx.

Invest in an appreciating asset. Buy a house, use the 2 grand as a down payment or some sort of bargaining weight.

In 2 years your profit should exceed the $2000 range.

very good opportunities lie in India... in the banking sector (such as ICICI) and the telecomunications area (cell phone)...

but consult with a real financial advisors first

VEGAS!!!!!
or put it on the Giants monday against the Falcons. They are giving 3.5 right now and should make that hands down!

Stocks give the best return, but they're for the long term (5 years or more.) So I'd go with a high yield money market fund and a high yield investment CD. You get those with investment firms. Get them online because they are higher than with traditional banks, but traditional banks will never tell you that.

i have sn idea why not send it to the ryan lewis trust fund for 4 years??? i will...i mean THEY will invest for you and it will be seen as a loan to them by which i..they will pay a preset percentage profit to you at the end. if interested give me a call and i'll give you my bank de.........i mean email them at my email address and i'll ge...THEY'LL get back to you.


lol

Savings account? No very low interest rates as you mite earn less then 10 dollars.

CD? Mutual funds? I'm not sure about CDs but Mutual funds are a big winner. Saving bonds mite be a good investment too. Its best to talk to your banker.

You said 3 to 4 years. That means CDs, mutuals, IRAs and 401k are out of your reach and you don't get the idea. $2000? Stash and forget.

Time to read some books as if you want to make big money you leave it alone for a very long time.

Do not take advice from friends or strangers, not even here.
Do your own research Keep money in money market accounts
until you you are ready to invest and you know what you should
know, and feel comfortable with the risks, such as losing
most of your money in 3-4 years.

Savings account is by far the worst option. Savings account only accrue about 2% interest a year. So by the end of 3 years you would have $2140. Not a big difference. And since our economy is so bad, and things are getting more expensive as the years go by, that $2140 that you will have in the bank will probably be able to buy less than the $2000 you have now.

If yoiu had more money I would say invest in Real Estate because that is one of the only SURE money makers. But, since you have $2000, i think a safe bet would be to invest that money in Gold. Buy $2000 worth of stock in Gold. Gold is always on the rise, and having your money backed by gold is not only the safest way to invest that money but the most profitable. You could probably get a high rate of return (at least 20%) which KILLS any other option.

But if you save enough money to buy yourself a piece of property, do so, and RENT it out. Trust me, its the best way to invest.

The Mutual Fund would probably bring you the best return for your time frame, with a little more risk than the savings or CD which are federally insured.

If you like excitement, open an online trading account. I suggest you read a few good books on Online Day Trading.
You would need $25000.00 to be a Day Trader with a Level 2 Trading Platform, but you can open an account with as little as $500.00 with a level 1 Screen.
You will find yourself really getting involved with your finances, which is really a good thing.
If you don't like the risk of making yourself rich, buy the CD. Take what they give you and be happy and safe.
I am a heart attack survivor, and since November 2005 I searched for other ways to earn my living with out the physical effort needed in my field of work. I'm not a Day Trader Yet, but I'm on my way. I'm what you would refer to as a Swing Trader. I try to buy low, maybe hold for a Day, Few Days or even a week, then sell at a profit. You have to do your home work on the stocks you wish to buy.
Well I think you get my point. Good Luck.

With Three more thousand dollars you should invest in a CD, in California they were offering my a CD at a rate of 8.23 percent. If you dont have that much mor saved yet put it into a savings account witht he best interest rate possible.

I understand we are not talking about hugh amounts of money here but investing does entail risk. We should probably know a little bit more about you before making a recommendation. I would talk to and investment advisor first before committing.