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SVTPerformance's Chain of Restaurants
Road Side Pub
Looking for inventment recommendations
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<blockquote data-quote="10splaya22" data-source="post: 14425901" data-attributes="member: 135572"><p><strong>Looking for investment recommendations</strong></p><p></p><p>I just bought a new car and put $0 down. I financed it at 3% and would like to take what would have been my down payment and stick it in some sort of mutual fund to make more than 3%. Basically I want to earn money on what would have been my down payment. I looked at some funds though USAA and they making around seem to be earning around 6-8% per year.</p><p></p><p>I don't know much about investing or mutual funds but would like to stick around 5k in an account. I know its not much but I don't have a lot of money to throw around at the moment. What would everyone recommend as a place to invest? I would like to stay out of directly trading stocks myself as I don't know much about it and don't have a ton of time to put into it. </p><p></p><p>I don't have any debt other than my car and all my student loans are paid off.</p></blockquote><p></p>
[QUOTE="10splaya22, post: 14425901, member: 135572"] [b]Looking for investment recommendations[/b] I just bought a new car and put $0 down. I financed it at 3% and would like to take what would have been my down payment and stick it in some sort of mutual fund to make more than 3%. Basically I want to earn money on what would have been my down payment. I looked at some funds though USAA and they making around seem to be earning around 6-8% per year. I don't know much about investing or mutual funds but would like to stick around 5k in an account. I know its not much but I don't have a lot of money to throw around at the moment. What would everyone recommend as a place to invest? I would like to stay out of directly trading stocks myself as I don't know much about it and don't have a ton of time to put into it. I don't have any debt other than my car and all my student loans are paid off. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Looking for inventment recommendations
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