saylismommy asked:
this is for a school paper I have to write in my critical thinking class. He gave us some choices of savings, stocks, gold coins or Cds. I am horrible when it comes to investing so I thought I would see if someone here could help me out.
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{ 6 comments }
You could try. They have high interest.
Go with ETF’s!
DIG
XLE
EEM
SDS
With problems brought on by inflation and the so-called recession, people are cutting back on expenses. That includes dining out, which is good for the Food Company stocks. They are due for a rise. They compensate for higher ingredient costs by raising food prices. Some pay high dividends. B&G Foods (BLS) pays 8%. Savings or CD’s short term dividend rates are very low and subject to income tax, so you’re left with nothing. With Gold, you are buying at the high. The food stock tghat I like the most is CPB (Campbell Soup), it’s $32.50 today. Check it in 4 mos. and see if I was wrong.
Listen to John A, he’s right on the money. 4 months is a very short time-perid and anything that woudl offer a higher return would be very high risk.
Can you do 6 months? If so, look at some of the 6 mo. CDs being offered right now. You can still get 5% guaranteed.
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