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Posted by Elle on December 5, 2007, 11:06 am
How much risk are you willing to take with this money? CDs
are very safe. Stocks might yield more (via dividends), but
at some risk to the principal. Corporate bonds are somewhere
in-between IMO, depending on the issuer and its rating.
About how long will the money stay invested? If less than
about seven years (maybe ten), do not buy stocks.
Is it truly only $125 you have to invest? Or will be more
added over time?
>I am trying to get a higher rate of return..I have about
>$125 in CD that is
> coming up for renewal--I get around 5%..I was thinking
> about buying some
> corporate bonds--How do you do that? or any ideas of a
> higher rate...
> I can get dividends 4 times a year or so..
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