Quote:
Originally Posted by DrumNFeather
Let's say someone gave you 4 to 5 thousand dollars and told you to invest it anyway you wanted to, but that the investment period would be short term (2-3 years).
What would be the best way to invest that money to gain the most return?
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I think people's biggest mistakes are not being aggressive enough with their investments.
It depends on what you need the money for in 2-3 years and how bad you'd feel if your 4K went to 3K compared to how happy you'd feel if your 4K went to 6K.
I'd open a brokerage account and put it all in one index mutual fund, that way you lose very little on transaction costs.