Types of investments for $5k??

• dracas

  4 Oct 08, 20:06

  x

• eagle

  5 Oct 08, 16:54

  Put into money market funds

  I'm serious

   

  But for myself, I would think this is the best time to buy into blue chips stocks. Dividend rates are attractive (4~7% depending) even if we discount possible future capital appreciation and is already higher than the CPF loan I would have to pay (about 2.6% interest rate).

• Evangel

  8 Oct 08, 14:41

  Originally posted by dracas:

  I currently have spare cash of about $5k on hand and it sits there lying in the bank collecting dust and Im no avid fan of buying shares either. So what are the ways to invest this sum of money to finance for my studies? Im not into high risk investments as Im not very good with tat kind of stuffs and with the recent banks and insurance companies dying makes me even more afraid to dabble in such. Thanks.!

  Don't touch the money since it is used for studies. No one would call you an idiot for doing nothing with your money, but you will be a fool if you do something stupid with it.

• walesa

  12 Oct 08, 23:12

  Originally posted by dracas:

  I currently have spare cash of about $5k on hand and it sits there lying in the bank collecting dust and Im no avid fan of buying shares either. So what are the ways to invest this sum of money to finance for my studies? Im not into high risk investments as Im not very good with tat kind of stuffs and with the recent banks and insurance companies dying makes me even more afraid to dabble in such. Thanks.!

  
  Considering this strictly from an investment standpoint, you may wish to consider two things :

  1. Invest in currency futures/options (if you know what they're) that exhibit a strong correlation with commodities.

  2. You may wish to consider ETFs if you're taking a medium/long-term view of things. Despite the present equity market conditions, historical trends would back up the idea that bull runs that follow a bear run/correction are often rather long-lasting (relatively).