What should i invest in? Mutual Fund, CD, stocks, bonds and where should i buy them? Bottom line: The easiest way to make extra money
I want to earn some extra money for college.....?
Stocks and Mutual Fuds are a bit risky, but you could earn some money from them pretty quickly. I think the best way to go would be a CD. Watch that maturity date! If it passes, your bank will start a new one and you will have to wait until it matures to touch the money.
Good luck!
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Reply:I'm assuming you're heading to, or back to, college this fall. In that case, take all the money you want to invest and buy a 3 month CD from your bank. You'll get over 5% APR. Then, go out and get a job for the summer. Any job will do, as long as it pays money.
Your loss potential is zero, and you will make money for school.
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