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Old 10-02-07, 05:59 PM
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TexasGuy
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Originally Posted by Bob Ross View Post
The time frame is a given (60 months), the seed money & the regular contributions are a given ($1000 to start, plus $100/month for 60 months) so the only variable is the final dollar amount. My question really is (and can only be) "given those fixed amounts, what instrument will yeild the greatest return over $7000?"

...with the least amount of risk, naturally.




Zero. Absolutely none.




See above.

The absolute lowest risk would be any FDIC Financial Institute that offers 4-6% interest rate
ING, HSBC, offer 4.3%+ etc.
Most banks offer CD rates of similar nature.
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