What is the best way to invest money and still be able to access it?

i want to invest $3000 but still be able to access it in one year.

Money Market Fund
You will get about 5% interest, and a checkbook if you want to get some of the money out. You can set one up at a stock broker like Schwab or Vanguard.

stocks, mutual funds, things like that

don't risk it if you need it for school or something

1 year CDs are paying a little over 5%

I would sugguest a short gains stock. Ask a broker about it or search for a stock you think will go up for the short term.

The best thing to do is open a regular online investment account at Scottrade.com. Any gains you make will be treated as taxable income, but you will always have easy access to your money.

If you want to find great stocks to invest in, see what the best traders are buying and selling and why. This is the idea behind the site http://www.top10traders.com - this is a free site that lets you create a portfolio of stocks with $100,000 in "play" money. Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors. You can also read posts on investing from the best traders, as well as share your own investing ideas. There is also a charting feature , so you can see how your portfolio performs compared to the S&P 500.

Here are this month's best traders:

http://www.top10traders.com/Top10Standin...

Good luck.

Mr. Happy's answer (above) is good. But if you cash in your CD even 1 day less than a full year (the maturity date) you will be assesd a cash penelty such that you will not get your (5%) rate of interest.

money market account