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Short Term Investing - What is best route to take? |
I am looking to invest at 90 day or less intervals into something that is liquid and has a consistent rate of return. The reason I want to do this is I get paid commissions and only pay the taxman once a quarter. So, I want to make short term, 90 day investments that I can skim a little off the top and then send in the rest to the IRS. Any ideas would be great! Consider the Vanguard Prime Money Market Fund. It currently has a 5.22 compound yield. It is liquid on a daily basis. I don't know what kind of budget you are looking at but perhaps if you just start looking around your house and thinking about EVERYTHING as an investment. Get a money market account at Capital One. Pays 5% currently and is liquid. Learn a bit about market timing and swing trading. Yes. Money Market Account at Capital One or you can try your local banks. They have 30/60/90 day Certificates of Deposit. The rates are usually low, but sometimes you can find a promotion that pays 5%+ T-Bills. cd's, t-bills Are you talking about Investing in Mutual Funds? |
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