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What are the best stocks to invest in for only 2 months?

We want to make the most money with $100,000.

 

 

Investing, Stocks
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February 2016

Thank you for your question. This may not be the answer you want to hear, but I wouldn’t recommend any stocks with a 2-month time horizon. The window of time is much too small to invest with a high confidence level that you’ll actually make money during that time. Investing in stocks is done best when there is a long-term frame of mind involved. This allows for the ups and downs of the market to even out and deliver an average rate of return. In a 2-month time period, there is no telling what the direction of a stock or stock portfolio could do. It could be up or down 30% or more.

If there was a way to make money in a 2-month period on stocks, you’d see many people taking advantage. The truth, however, is that making money on stocks often takes time, patience, and a strong belief in your investment philosophy. In my opinion, putting money in stocks with such a short time horizon would be similar to taking your money to the nearest casino. It’s a complete gamble.

The real question is what do you need the $100,000 for? Many times, retirees think that once they retire they will need all of their retirement savings. That’s actually not usually true. They usually only need a small percentage of their total portfolio to satisfy their income needs. I would encourage you to evaluate what your need is and, if you truly need 100% of the $100,000 in two months, I would say be smart and don’t risk losing what you already have.

Good luck!

February 2016
February 2016
February 2016
February 2016