"Mark Bole" <makbo[at]pacbell.net> wrote
- quote -

I think authorities tend to recommend more like a minimum
ten year horizon. Consider the following average, annualized
returns from 1871-20005 for all possible periods of length
shown:

3-year = 9% plus-or-minus 10%
5-year = 9% plus-or-minus 8%
10-year = 9% plus-or-minus 5%
15-year = 9% plus-or-minus 4%

See
http://moneychimp.com/articles/rando...me_horizon.htm

Slain <Slain.k[at]gmail.com> writes:

- quote -

Eh. What are you going to do if you put the money in mutual funds or
stocks, and the market suddenly drops 20% or more in the next 2
months? (See October 19, 1987....) If you want to be sure of having
money to spend in 2 months, put it in a nice safe FDIC-insured savings
account.

-Sandra the cynic

Slain wrote:
- quote -

Any money you know you will need in the next two years, let alone two
months, should be in a nice safe bank or money market account. Stock
investments should be a mininum 3-5 year time horizon (unless you can
make a living as a day trader, of course).

-Mark Bole

I have some extra money, which I plan to use towards buying a house
soon enough. Soon enough is probably about 2 months away.
What would you suggest as a good way to save it. Should I buy any
mutual funds / stocks or should I put it in a high interest savings
account. Any suggestions are welcome.

Thanks