investing

chartay3 · #1 Jun 23, 2006, 06:14 PM

I need to invest 5,000.00. What type investment will grow fast?

Dr D · Jun 23, 2006, 07:25 PM

The one with the most risk will yield the greatest return. The guy who jumps from the alley, guaranteeing to double your $ in one week, is high risk: a 4% per year CD is low risk. Determine your tollerance for risk, and pick your poison between the two extremes.

shunned · Jun 23, 2006, 09:18 PM

I don't think there is a "fast" way. Six month Certificates of Deposit are safe, and pay better interest than savings accounts and money markets.



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