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re: Best Investment for 12 Month Period
Posted on 3/27/13 at 12:33 pm to ArtooDetoo
Posted on 3/27/13 at 12:33 pm to ArtooDetoo
quote:
Looking to invest/play with about $15,000. What will give me the best rate of return in a year's time?
I don't see a ton of potential in growth prior to the inevitable correction. You would bear the risk of buying at the top of a bull market and having to ride out a bear for several months to even recoup - and that's if you choose a broad index mutual fund.
Honestly, I'd find a fairly safe stock with an attractive dividend rate - one likely to outperform a CD. If you can make $400 or $500 over the 12 months in dividends, even if the stock doesn't budge, that will cover your transaction costs and outperform a CD.
Posted on 3/27/13 at 12:43 pm to Ace Midnight
quote:
You would bear the risk of buying at the top of a bull market and having to ride out a bear for several month
The market can go down at any time. (bull/bear market) It may look like the top now but we could also be just getting started. I feel like if you play this game you will miss out on many good opportunities to ride the wave up
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