(disclaimer: of course I plan to talk with a financial advisor before doing anything with my money.But I figured I'd try and get some ideas here first, because right now I am 100% clueless about investments, period...and I'd like to have *some* idea of what I want to do when I meet with an advisor.)
OK, so...
I've got $10K sitting in a CD that's earmarked for graduate school. If all goes according to plan, I will have another $5K by the end of 2007, so $15K total.
The interest that money earns right now is pathetic.
Grad school is a backup plan for me, though--it's something to do if "plan A" for my life/career doesn't work out like I'd hoped. If I do go, it most likely won't be for another 8-10 years (early 30's, agewise. and yes, in my intended field it's possible to return for grad school as a mature student.)
So, given how much $ I have now, and the amount of time I'll have before i actually need to use that money...what sort of investment would you recommend?
Honestly, considering this is all the savings I have for school, I want something low-risk, even if that means a lower return. Anything's got to be higher than the interest I'm getting now, with the money just sitting in a CD...right?


But I figured I'd try and get some ideas here first, because right now I am 100% clueless about investments, period...and I'd like to have *some* idea of what I want to do when I meet with an advisor.)
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Sophia_Starina = stripper goddess

And I most likely will be doing grad school in the UK, so...bah. I'm screwed there. But I will definitely shop around for a better interest rate!


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