Molan asked in Business & FinanceInvesting · 2 months ago

Short term investment with $5k ?

Any ideas how I can invest 5k and get money out of it within 3-6 mons? 

3 Answers

Relevance
  • A.J.
    Lv 7
    2 months ago
    Favourite answer

    It's about risk/return. If you must have the $5K no matter what, you wont earn more than $25 with it. You have to state your risk tolerance to determine how well you can do. 

    Gold and silver have been rising in price fairly fast.

    You need a low overhead purchase seller.

    Anything that goes up, could decline in price.

    Bitcoin has also risen.

  • 1 month ago

    Pick a stock or precious metal, and get lucky. Otherwise, just park it in the bank to preserve your principle.

  • Judy
    Lv 7
    2 months ago

    You might get $25

Still have questions? Get answers by asking now.