[AndyPharmc]

Is there a good way to invest money with the fact in mind, that I need all of it and the end of next year? So I'm looking for something like a one year savings plan.

Otherwise I'd just put it on my regular savings account and get the 1.6% interest. Which is pretty bad of course.

[DoniandaCoado]

A 1-year CD maybe? Of course, a CD here in the US earns barely more than a savings account, so maybe you'd want to take a risk on the market? Find some very conservative mutual fund?

[BypeVupyide]

12 month AUS gilts currently yield over 5% if you're talking about a decent amount of money. You might be able to invest in a German gilts fund to hedge inflation?

Otherwise, can you get a slightly better interest rate from your bank by putting the money in a bond rather than instant access?

[Seilehogshell]

Also depends a bit on how much you're planning to save.

Could you give us an indication?

[teodaschwartia]

As all have said, it depends on how much you are looking into saving.

Over 1KUSD can get you into some T-Bond Mutual funds, probably one of the safest bets (unless you ask UTGeneral [rofl]).

[AndyPharmc]

I want to put away 1000€ per month, because I want to buy a car at the end of next year.

Edit: It doesnt have to be a 100% sure investment, I'm willing to take a slight risk and play a little with the money. BUT it must be all available in december next year, thats why I cant go the way of fixed deposits.

[BypeVupyide]

For regular savings rather than term deposit, probably some kind of fund (which one is depends on your risk selection) in a tax efficient wrapper (ISAs in the UK).

[WapSaibian]

Why don't you buy Greek govvies? They pay 12% nowadays!

[duawLauff]

Well working for Schaeffler i told everyone i know to buy Continental stocks and well nobody listened, I bought 150x at 35 something €´s and their at 54€ now

I´m pretty sure their gonna keep going up some rather soon.

[Adeniinteme]

Well working for Schaeffler i told everyone i know to buy Continental stocks and well nobody listened, I bought 150x at 35 something €´s and their at 54€ now

I thought you meant tires at first. 150 tires is a lot to buy/store for an investment. LOL

[NvrNoNowX]

for your kind scenario, the savings account is the only way


You have no lump sum, so you get raped by fees by investing it into stock 1k at a time (let alone the risk).

You can't risk too much, so foreign currencies with high yield bonds are too high risk.


On a positive note, you win because you save the leasing interest and you win because with each yyear our you get more car for your money (not as fast as you get more pc for your money, but pretty fast)..

[wowwieholmes]

You could cut back on your spending and in the year time you will save/make more money % wise then anything your bank has to offer.

Cancel your cell phone, thats about $50-100 a month.
Do you have a car now? Sell it before the value goes down at the end of the year, and use public transportation.
No beer or smokes or clubs or fancy restaurants to dine out at. No sodas, drink water or tea.

Just live on bare minimum. You will be surprised how much money you will save.

By doing so, you will earn or save additional $500 or more per month.