Where to put $5k for 6-8 months?

#5 08-22-2007, 02:46 PM

It looks like short term rates are soon falling from 5% to 3%
due to the current economic thrashing. I'd vote for a CD to
wit this out.

#4 08-22-2007, 01:10 PM

I will just put into the fixed deposit to earn some interests.

#3 08-19-2007, 01:19 PM

You are talking about $125.00. If you have a credit card pay it off/.
"Sam" <neverchecked40[at]hotmail.com> wrote in message
news:1187389441.281132.244720[at]w3g2000hsg.googlegroups.com...
- quote -

> I have about $5k to invest but only for about 6-8 months, where
> would you put it? I was thinking adding it to my existing investment
> in Vanguard 500 Index. Or because of the short time frame should I
> just put it in my Money Market account? What I need it for in 6-8
> months is not set in stone, if something bad happens with the
> investment I will still be ok.
> Thanks
> Sam

#2 08-18-2007, 12:36 PM

Yeah, park it sounds more like what I am wanting to do. I think.

My hang up is that I am not really sure that I will need it in 6
months.

Thanks for your responses.

#1 08-17-2007, 11:43 PM

On Aug 17, 6:09 pm, Sam <neverchecke...[at]hotmail.com> wrote:
- quote -

> I have about $5k to invest but only for about 6-8 months, where
> would you put it? I was thinking adding it to my existing investment
in Vanguard 500 Index. Or because of the short time frame should I

just put it in my Money Market account? What I need it for in 6-8
- quote -

> months is not set in stone, if something bad happens with the
> investment I will still be ok.

If you _need_ it in 6 to 8 months, put it in a money market account or
a CD. If you _don't need_ it for several years, go with the S&P 500
index fund. If you don't know whether you will _need_ it or _won't
need_ it, be conservative. That's my 2 cents worth.

Dave

08-17-2007, 11:33 PM

Sam wrote:
- quote -

> I have about $5k to invest but only for about 6-8 months, where
> would you put it? I was thinking adding it to my existing investment
> in Vanguard 500 Index. Or because of the short time frame should I
> just put it in my Money Market account? What I need it for in 6-8
> months is not set in stone, if something bad happens with the
> investment I will still be ok.

'Invest' only happens longer term. What you want is to 'park' it for 6-8
months. A CD is fine or MM, depending on rates.
Pretty much anything else is speculating.
JOE

#-1 08-17-2007, 11:09 PM

I have about $5k to invest but only for about 6-8 months, where
would you put it? I was thinking adding it to my existing investment
in Vanguard 500 Index. Or because of the short time frame should I
just put it in my Money Market account? What I need it for in 6-8
months is not set in stone, if something bad happens with the
investment I will still be ok.

Thanks

Sam

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