View Single Post
      10-10-2012, 05:54 PM   #14
mlifxs
Diamond Geezer
mlifxs's Avatar
212
Rep
2,385
Posts

Drives: Jet Black 2007 328i Saloon
Join Date: Nov 2007
Location: Florida

iTrader: (6)

Garage List
If you really intend to use the money towards a new car in two years:
Invest the money in a CD with a two year term.

If your credit is good enough, so that you do not need the 10k in order to buy, then consider other investments beyond CDs.

If the 10k is a significant portion of your total investment portfolio, consider NOT investing in your company's stock and instead focus on a more diversified portfolio, such as a stock mutual fund.

If you invest in your company's stock and if the investment is significant, then you are doubling down on risk. If your predictions are wrong and your company does poorly, you could lose money on your investment and lose your job.

Since you are reaching out to strangers for investment advice, it's a good idea to take it slow so you don't learn things the hard way. A diversified portfolio is a good approach.
Appreciate 0