Investing 1% money for 14months - what to do?

With no worries? A CD is probably the safest option, and will net you $10 (after the $100 cost). That's a 1.10 return rate. You might also be able to find a high-yield checking or savings account, and get up to maybe 2 or 3% at most, but generally those require a certain number of transactions per month, direct deposit, or some other requirements.

If you want to live a little more dangerously (or perhaps have a little money to back it up), you could invest in an index fund. This will give you the best chance to get a high rate of return (averaging around 7%), but it could also make you lose money. Historically, index funds have made around 7% per year on average, but that also means that some years they lose money, and some years they make more than 7%. This is a risk, but at 1% I'd say it's a decent risk to take, if you can afford to lose money.

You could also invest in dividend stocks or large-cap stocks, or pick your own, but index funds are probably the 'safest' high-yield stock investments you can make.

Obviously the end of the world is in a month so get it and go wild spending on stupid things. You wont have to pay it back anyways.

Quote from nizzy1115 : Obviously the end of the world is in a month so get it and go wild spending on stupid things. You wont have to pay it back anyways.

If there were a guaranteed investment that would do what you require, Citi wouldn't be giving you the offer. They're not trying to help you find arbitrage.

Either be a man and invest it with some (3-5 stock) diversity -- some large dividend, some large-cap/index, some go-for-broke -- or don't do it.

But read the fine print 20 times first.

pay off your debts, and then put those monthly payments back into the credit card.

guaranteed returns.

Quote from DWad : With no worries? A CD is probably the safest option, and will net you $10 (after the $100 cost). That's a 1.10 return rate. You might also be able to find a high-yield checking or savings account, and get up to maybe 2 or 3% at most, but generally those require a certain number of transactions per month, direct deposit, or some other requirements. If you want to live a little more dangerously (or perhaps have a little money to back it up), you could invest in an index fund. This will give you the best chance to get a high rate of return (averaging around 7%), but it could also make you lose money. Historically, index funds have made around 7% per year on average, but that also means that some years they lose money, and some years they make more than 7%. This is a risk, but at 1% I'd say it's a decent risk to take, if you can afford to lose money. You could also invest in dividend stocks or large-cap stocks, or pick your own, but index funds are probably the 'safest' high-yield stock investments you can make.

An index fund is less risk, but I do feel we'll have some volatility coming up...fiscal cliff and all that.

Quote from bonkman : If there were a guaranteed investment that would do what you require, Citi wouldn't be giving you the offer. They're not trying to help you find arbitrage. Either be a man and invest it with some (3-5 stock) diversity -- some large dividend, some large-cap/index, some go-for-broke -- or don't do it. But read the fine print 20 times first.

I thought about the market, but I feel its going to be very volatile these next few months. I don't want to have to worry about it or babysit it. It's actually from Chase, but I hear ya.

A few years ago I took up day trading and I borrowed money from a 0% credit card with a no fee convience check (that I found here on SD). I used my profits to buy a Jeep and pay down some debt. It was fun, but I was super stressed and it started interfering with my day job.

Quote from attgig : pay off your debts, and then put those monthly payments back into the credit card. guaranteed returns.

Yup. I'm certainly going to do that to some extent no matter what else I do and don't do.

short apple stock