Short-Term Savings for College
What can I do to prepare for my son's college education when I just have a year to prepare? Are there any type of investments I can make now that would give me a substantial amount for his education?
There is nothing that can get you a lot of money fast that does not come with high risk. (If there were, everybody would be investing in it.) High risk/high reward is not an intelligent approach to short-term investing, especially in a market as uncertain as the present one. Your best bet is to stick with investments like C.D.s, money-market funds, Treasury bills or perhaps bonds.Answer: