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Investment for club
Our family has just set up an investment club with the
purpose of generating money to be used for a family vacation
in 3-5 years. We currently have $1600. We will add
approximately $50-$100 per month to the fund. We are ready
to invest. We would like to get some ideas on what to
invest in. We have an account with Ameritrade.
Mary,

For your family vacation in 3 - 5 years I would recommend
investment in a money market or certificates of deposit
(CDs). Three to five years is not a very good time horizon
for investing in the market. For the best rates on money
markets, CDs and savings accounts go to
http://www.bankrate.com

-Geoff

Mary Lentini wrote:
> Our family has just set up an investment club with the
> purpose of generating money to be used for a family vacation
> in 3-5 years. We currently have $1600. We will add
> approximately $50-$100 per month to the fund. We are ready
> to invest. We would like to get some ideas on what to
> invest in. We have an account with Ameritrade.