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Old 10-02-07, 02:11 PM
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ModoVincere
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Given the short time frame (3-5 yrs) and the lack of interest in actively managing the money, I would strongly suggest that you keep this investment plan very simple.

Following a very basic investment plan of CD's every 5months, if you can get 4.5% on a 5yr CD with the 1,000 now and every 5 months a new CD at about 4%, at the end of the 60mos you should have a total of 7,880 & change. Of course this does not take into account income taxes since I have no idea what your marginal rate is.

This plan is very conservative, so you should have little trouble making these numbers or higher.
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